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Malaysian bourse commences carbon credits trading
Malaysian bourse Bursa Malaysia Berhad announced on Tuesday that its subsidiary Bursa Carbon Exchange (BCX) had commenced trading and facilitation of off-market transactions of carbon credits. By the close of its second day of trading, ten companies from various industries transacted a total of 16,500 Verra-registered carbon credits.
Taiwan’s Foxconn invests in US-based AI firm Kneron’s $49M additional round
Kneron, the San Diego-based full-stack artificial intellingence (AI) company, has on Tuesday announced $49 mlllion in strategic funding from investors including Foxconn, HH-CTBC Partnership (Foxconn Co-GP Fund) and Alltek, bringing its total Series B financing to $97 million. The full round was led by Horizons Ventures, with participation across several…
Philippine AUB expands Alipay+ cross-border digital payments to more than 5,000 merchant stores
Asia United Bank (AUB), a publicly listed universal bank in the Philippines, is enabling more local merchants to accept cross-border digital payments from Hong Kong SAR, South Korea, and Malaysia via Alipay+ and AUB PayMate.
Indonesia may issue regulation on social media e-commerce – report
"What the people are expecting is that the advancement of technology can create new economic potential, not kill existing economies," Jokowi said.
Unlocking the transformative potential of cloud economics in APJ: Navigating challenges and maximizing value
When used right, #CloudEconomics presents a game-changing opportunity for businesses in #APJ to embrace digital transformation and stay competitive. However, to reap the full benefits, organizations must be proactive in addressing the challenges that come with this transition. By understanding the intricacies of cloud economics, aligning expectations, and…
Automera secures $16M in Series A funding co-led by ALSP, ClavystBio
Automera, a new biotechnology company based in Singapore, has secured $16 million in Series A funding co-led by Accelerator Life Science Partners (ALSP) and ClavystBio. The funding also saw participation from Singapore-based global investor EDBI, Xora Innovation, and other undisclosed investors.
LexisNexis : Global financial crime compliance costs for financial institutions totals more than $206B
Global financial crime compliance costs for financial institutions totals more than $206 billion, according to LexisNexis® Risk Solutions released on Wednesday. The cost is comparable to more than 12 percent of global research and development (R&D) expenditure and equates to $3.33 per month for each working-age individual on earth.
Indonesia launches carbon exchange to reduce carbon emissions in the country
Indonesian government has on Tuesday launched its the country's first carbon exchange IDXCarbon, to reduce Indonesia’s carbon emissions and drive Indonesia’s transition to reach net zero emissions by 2060. ACX (AirCarbon Exchange) which is operating its proprietary regulated environmental asset trading platform, is the technology provider the Indonesia’s…
VR46 Metaverse, Animoca Brands, Gravitaslabs join forces to build innovative Web3 experiences for motorsport enthusiasts
Valentino Rossi's company VR46 Metaverse, Hong Kong-based gaming firm Animoca Brands and its subsidiary Gravitaslabs have joined forces to build innovative Web3 experiences for motorsport enthusiasts. VR46 Metaverse has announced a partnership with Animoca Brands and Gravitaslabs to jointly explore innovative gaming and Web3 activations across metaverse…
Malaysia’s Samaiden partners MBGB to advance clean energy initiatives in APAC region
Samaiden Group Berhad, a Malaysia-based renewable energy firm, has inked a strategic partnership with investment firm Meta Bright Group Berhad (MBGB) to advance clean energy initiatives in Asia Pacific (APAC) region. This collaboration aims to expand business opportunities and accelerate the growth of renewable energy solutions, particularly for the mining…
