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Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities

Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.

Report: investors favor APAC markets as Biotech destinations amid US-China tensions

Markets in Asia Pacific (APAC) are rapidly gaining ground as credible innovation hubs amid the reshaping of global biotech strategies, driven by geopolitical tensions and significant US research funding cuts, a new report revealed on Thursday.

IFC partners with CleanMax to scale solar solutions for Thailand’s commercial and industrial sector

To expand access to reliable energy and make clean power more affordable for industrial businesses, the International Finance Corporation (IFC) is investing THB 1.48 billion (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (CleanMax).

NTT DATA partners Mistral AI to provide AI solutions for enterprises

NTT DATA, a Japan-based digital business and technology services firm, and Mistral AI, a France-based innovator in open-weight, high-performance generative AI (GenAI) models, have on Wednesday announced plans to jointly sell and deploy safe and private enterprise-grade artificial intelligence (AI) solutions that are able to foster strategic autonomy for…

ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure

ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD).

Analyst foresees EV price competition in Malaysia amid policy changes

Malaysia’s electric vehicle (EV) market is approaching a key policy turning point, with the government expected to end completely built-up (CBU) import tax exemptions and the approved permit (AP) regime by year-end, an analyst said in its recent report.

V-Green, GSM Philippines ink partnership with MERALCO to promote EV infrastructure development in the Philippines

V-Green Global Charging Station Development Corporation (V-Green) and Green and Smart Mobility Joint Stock Company (Green GSM Philippines) have announced the signing of a memorandum of understanding (MOU) with Manila Electric Company (MERALCO) – the largest power distribution company in the Philippines, to promote electric vehicle (EV) infrastructure…

Grab achieves $20M profit in the second quarter amid higher revenue

Southeast Asia's superapp Grab announced Thursday that it has achieved a profit of $20 million in the second quarter of FY2025 amid higher revenue.

Singapore’s Hydroleap secures $4.75M funding to accelerate sustainable water technologies in APAC

Hydroleap, a Singapore-based sustainable water treatment technologies, has successfully raised an additional $4.75 million in its latest funding round, bringing its total funding to nearly $12 million till date.

FinDev Canada, SMBC, BII, EFA, JICA commit $350M to VPBank to advance sustainable development in Vietnam

Canada's bilateral Development Finance Institution, FinDev Canada, alongside Sumitomo Mitsui Banking Corporation (SMBC), and partner Development Finance Institutions (DFIs) and bilateral agencies, including British International Investment (BII), Export Finance Australia (EFA), and Japan International Cooperation Agency (JICA), have announced the successful…