On location

The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has announced a $20 million investment in CME Solar to support the company to develop a pipeline of rooftop solar projects for companies in Vietnam.

Indonesian capsule hotel and cabin operator Bobobox said Monday that it has launched five new properties in Indonesia.

The digital lending market in the Philippines — consisting of duly-registered non-bank digital lenders and digital banks — could exceed $1 billion in the second half of 2025, with likelihood of growth at an accelerated pace due to the high demand for online technologies from consumers, a study revealed on Tuesday.

The Southeast Asia (SEA) Monthly Funding Tracker for December 2024 highlights some recovery in funding activity. Total funding amounted to $211 million across 16 rounds, marking a surge of 143.37 percent compared to November 2024 and a 44.33 percent decline from December 2023.

"We see a lot of progress made in Southeast Asia on fintech developments like QR payments and inclusive finance, where the region is already seen as a leader in broad digitalization, including in areas like national standardized QR codes and G2G linkages. We will continue to work closely with our payment and merchant partners in the region to meet these new…

As CEO, Patrick will focus on driving GoTo towards long term profitable growth and GoTo’s Board of Commissioners has approved a performance-based retention package as part of his employment arrangement.

In 2025, Gobi will prioritize investments in FinTech, HealthTech, TaqwaTech (tech for Islamic markets), the Circular Economy, Gender Diversity, New Energy, and the Silver Economy.

Japan-based investment firm Z Venture Capital (ZVC) has launched a new fund with a total size of 30 billion yen ($190 million) to support startups globally.

Malaysia’s integrated telco Maxis and Universiti Tunku Abdul Rahman (UTAR) are forging partnership to develop 5G solutions in healthcare and education.

Soul Parking, an Indonesia-based parking management service provider, has announced the completion of a Series A extension round of financing co-led by AppWorks and AC Ventures.