On location

Forest City, the $100 billion project located in Southern region of Malaysia which is backed by Chinese developer Country Garden Holdings, will be the first location in Malaysia to offer a 0 percent tax rate for Family Offices, Malaysia's Finance Minister II Amir Hamzah Azizan said on last Friday.

Malaysia-based Capital A's low-cost airline AirAsia has announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives that lower carbon emissions in the ASEAN region.

Enterprise Singapore (EnterpriseSG) and Google Cloud have announced joint initiatives aimed at accelerating artificial intelligence (AI) adoption and innovation for organizations in Singapore.

The Investor Matching Program is supported by prominent funds managing billions in assets, including Vertex Ventures, Granite Asia, 500 SEA, Eurazeo, Nordstar, Gobi Partners and many others.

Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.

Indonesia Investment Authority (INA) and Allianz Global Investors (AllianzGI) will aim to deploy up to $200 million annually into hybrid capital solutions opportunities, which serve as customized credit solutions for Indonesian businesses.

During the quarter, VinFast delivered 13,172 vehicles, a 44 percent increase compared to the previous quarter and a 43 percent increase year-over-year.

As part of the five year partnership, GoTo will leverage Tencent Cloud’s technology and Platform as a Service (PaaS) services to support its comprehensive ecosystem.

TNG Digital could potentially fetch the valuation of a unicorn (with a valuation of $1 bilion or more) before the potential IPO, the sources added.

Family Offices in Asia Pacific are investing more in public equity and fixed income, and are bullish on private equity, Citi Private Bank Survey showed Wednesday.