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Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, has approved an investment by a unit of China’s Sunwoda Electronic worth more than $1 billion in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support…

The International Finance Corporation (IFC), the global development institution of the World Bank Group, has signed a memorandum of understanding with Cagamas Berhad, the National Mortgage Corporation of Malaysia, to advance green building finance in Malaysia, further supporting the country’s sustainable development goals.

Seraya Partners said Monday that energy transition, digitalization, and regionalization, are driving new investment opportunities across developed and emerging Asia, as the region continues to drive global economic growth.

IdeaSpace, the Philippines-based startup accelerator and early-stage venture investment arm of the MVP Group of Companies, has on Monday announced the appointment of Alwyn Rosel, a startup ecosystem veteran, as the new Executive Director of IdeaSpace and QBO Innovation, succeeding Jay Fajardo.

GXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program.

BetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round.

Singapore-based insurtech firm bolttech has appointed Ridhi Chaudhary, Chief Investment Officer of Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director.

Google Cloud and Boston Consulting Group (BCG) have on Monday announced the launch of the artificial intelligence (AI) Innovation Center for Indonesia, a joint initiative to address key challenges in Indonesia's AI adoption and empower enterprises to innovate at scale.

The Malaysia External Trade Development Corporation (MATRADE), in partnership with software developer Nazsoft Tech Sdn Bhd, and with the support of the Royal Malaysia Customs Department (RMCD), have launched MADANI Digital Trade (MDT), an integrated virtual showcase designed to strengthen Malaysian exporters’ access to global markets.

Malaysia's sovereign wealth fund Khazanah Nasional Berhad and Innovation Network Corporation of Japan (INCJ) have announced that Khazanah will acquire INCJ’s stake in telecommunications infrastructure provider EDOTCO Group.