SEA

Study: SEA’s 13 decarbonization investment ideas present $150B green economy market opportunities

Bain & Company, GenZero, Standard Chartered and Temasek have in their recent report highlighted top 13 decarbonization investment ideas in Southeast East Asia which present $150 billion green economy market opportunities.

BII partners FMO to offer $50M financing facility to support commercial and industrial renewables sector in South-East Asia

British International Investment (BII), the United Kingdom's development finance institution and impact investor, and FMO, the Dutch entrepreneurial development bank, have on Monday announced a joint loan commitment of $50 million to BECIS, a leading energy-as-a-service (EaaS) provider in South-East Asia.

Maybank: ASEAN EV adoption will continue to increase due to favourable regulations

Maybank Investment Bank said Monday that it believes ASEAN electric vehicle (EV) adoption will continue to increase due to favorable regulations, local brands and China’s EV makers launching new models at low price points.

EY : Southeast Asia’s IPO deals down to $1B in first quarter

Southeast Asia's initial public offering (IPI) activity slowed down in the first quarter, with a total of 38 deals raising$1 billion, down from 51 deals raising $1.4 billion in the first quarter of 2023.

Brunei and Laos formally join regional payment connectivity initiative

Brunei Darussalam Central Bank (BDCB) and Bank of the Lao PDR (BOL) have officially joined the Regional Payment Connectivity (RPC) after previously expressing their interest in joining the initiative, the Monetary Authority of Singapore (MAS) said Wednesday.

ADB readies ASEAN Climate Finance Policy Platform

The Asian Development Bank (ADB) plans to launch an ASEAN Climate Finance Policy Platform, which will support Southeast Asian finance ministry leaders in advancing collective action in the battle against climate change, ADB President Masatsugu Asakawa announced Wednesday.

EV charging operators from Singapore and Malaysia combine networks through roaming

Electric vehicle (EV) charging operators Charge+ from Singapore and ChargeSini (Chargehere EV Solution Sdn Bhd) from Malaysia have signed a roaming collaboration agreement that grants EV drivers from both parties access to each other’s charging networks.

Shopee doubles down on operational and logistics investments in Malaysia

Shopee, the Singapore-based e-commerce platform, is doubling down on operational and logistics investments in Malaysia as it maintains its #1 marketplace position by average monthly active users and total time spent in-app.

Capital A’s digital arm forms strategic partnership with Ant International

The partnership covers various areas, exploring to integrate more payment methods and providing acquiring services to Capital A’s platforms, work on digital marketing and sponsorship opportunities to drive business growth, and to cooperate in enhancing access to sustainable finance while transitioning to a low carbon economy for the Micro, Small & Medium…

Tracxn : SEA tech startups see 13 pct decline in funding in first quarter

The Southeast East Asia (SEA) tech startup ecosystem secured a total funding of $816 million in the first quarter of 2024 to date (till March 15, 2024), the lowest-funded quarter in the past five quarters in the SEA tech sector, Tracxn said Wednesday.