SEA
Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report
“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.
TNGlobal’s Top 10 most-read news articles in 2023
The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.
National Bank of Cambodia partners IFC to boost green finance, support climate action
To help Cambodia address climate change impacts and create a conducive environment for the uptake of green finance, the National Bank of Cambodia (NBC) and World Bank's unit IFC signed a cooperation agreement to boost financing for climate-friendly projects, supporting the country's transition towards a green economy.
TNGlobal’s Top 10 most-read analysis & feature articles in 2023
It’s the time of the year again as we take a look back at what happened throughout 2023 in the tech and startup scene in Southeast Asia.
IFC, Bank of the Lao PDR strengthen partnership to boost green finance, achieve climate goals
The collaborative effort to boost green finance between IFC and the bank has been strengthened with a new cooperation agreement signed on Tuesday. This enhanced partnership aims to accelerate necessary reforms to develop guidelines and standards to attract the green capital the country needs to drive its economy and create jobs while promoting a greener…
Tracxn: SEA tech startups continue to see a downward trend as funding falls 65 percent in 2023
The Southeast Asia (SEA) Tech sector received a total funding of $4.3 billion in 2023 year to date (till December 5, 2023), a 65 percent plunge from $12.4 billion raised in the same period last year, Tracxn said Tuesday.
Alibaba DAMO Academy introduces SeaLLMs, inclusive AI language models for Southeast Asia
Alibaba DAMO Academy has announced the launch of SeaLLMs, pioneering large language models (LLM) that come with 13-billion-parameter and 7-billion-parameter versions. The LLMs are specially designed to cater to the linguistic diversity of Southeast Asia (SEA).
Nvidia CEO Jensen Huang aims to set up a base in Vietnam – report
Nvidia's CEO Jensen Huang said the company viewed Vietnam as its home and affirmed its plans to set up a centre in the country.
ASEAN Reinsurance Working Committee inks MOU to establish ASEAN renewable energy pool
The ASEAN Reinsurance Working Committee (ARWC) has signed a Memorandum of Understanding (MOU) in pledging support in the form of underwriting capacity as well as setting up the terms to the establishment of the ASEAN Renewable Energy Pool (AREP) under the supervision of ASEAN Insurance Council (AIC).
WWF, BCG, and Think City launch regional initiative for nature-based solutions, climate analytics and AI
The World Wide Fund for Nature (WWF), Boston Consulting Group (BCG), and Think City, have announced the launch of the Report and the Southeast Asia Climate Adaptation and Resilience (SEACAR) Alliance. SEACAR Alliance is a regional initiative that aims to emphasize the importance of nature-based solutions (NbS), climate analytics and artificial intelligence…
