Asia
Australia’s UniSuper, ISPT acquire Sydney airport site to build $2.5B logistics hub
Australian pension fund UniSuper and property fund manager ISPT have on Wednesday announced they have acquired a Sydney airport site to build AUD 3.9 billion ($2.5 billion) logistics hub.
Netherland’s TerraPay partners Qatar’s Alfardan Exchange for advanced digital cross-border remittance solutions
TerraPay, a Netherland-based cross-border payments network, has announced a strategic partnership with Qatar-based fintech firm Alfardan Exchange, to advance digital cross-border remittance solutions.
US’s Vantage Data Centers secures $64M loan from top Taiwanese banks
Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank to fund the development of the company's first data center in Taipei, Taiwan (TPE11).
Animoca Brands Japan partners KDD to accelerate Web3 adoption through Mocaverse and αU
Animoca Brands Japan, a strategic subsidiary of Animoca Brands, and KDDI Corporation (KDDI) have signed a memorandum of understanding (MoU) to explore a strategic alliance to accelerate Web3 adoption. This includes collaboration between Mocaverse, the marquee growth network with an interoperable infrastructure layer of account, identity, reputation, and…
India’s Cardiotrack secures $2M in Pre-series A funding led by seasoned angel investor
Cardiotrack, an India-based provider health-tech firm, has on Monday announced that it has received $2 million in Pre series-A funding. The funding is coming from a slew of investors, led by seasoned angel investor Girish Narasimhan, Managing Director and Principal, Corporate Finance Associates Worldwide Inc.
How AI will disrupt & spark innovations in healthcare? Let’s hear from Vertex Growth’s Nikodemus Jaya [Q&A]
In an interview with TNGlobal, Vertex Growth Executive Director Nikodemus Jaya has also discussed how AI will have an impact on the healthcare sector. He shared his insights on what are the areas AI would transform the healthcare sector the most, among other issues. He also shared his views on what kind of training healthcare workers would need to fully…
South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups
South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.
Singapore’s Nium secures payment license in Japan
Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East
Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market. This event signifies not only VinFast's initial operation in the Middle East region but also a significant step in the VinFast’s global expansion.
Geely-backed EV firm Polestar secures $950M external funding
Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The financing is being provided by 12 leading international banks including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB, in the form of a three-year loan facility.
