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India’s Varaha raises $8.7M in Series A funding round led by RTP Global

Varaha, an India-based full-stack climate-tech company that specializes in generating carbon credits from nature, has on Thursday announced it has raised $ 8.7 million. The Series A funding round is led by RTP Global with contributions from Omnivore and Orios – both returning investors – and marks the inaugural investment by Norinchukin Bank, one of Japan's…

Helicap partners Bank Danamon to support alternative lending in Indonesia

Singaporean finTech firm Helicap Pte Ltd and Indonesian lender PT Bank Danamon Indonesia Tbk (Danamon) have on Thursday announced a strategic partnership to support fintech and alternative lending industry in Indonesia.

Malaysia’s TNB to develop hybrid hydro-floating solar photovoltaic projects

Malaysian utility firm Tenaga Nasional Berhad (TNB) is planning to build hybrid hydro-floating solar (HHFS) Photovoltaic (PV) projects under National Energy Transition Roadmap (NETR) at its hydro dam reservoirs.

brown train vehicle machine

Budget 2024: Singapore’s AI ambitions reveal untackled challenges for adoption

Businesses will be compelled to act immediately to integrate their current business processes and capture the benefits that #AI and other innovations can bring. But to secure the required investment, whether internally or externally, and to produce intelligent business outcomes – it will take careful consideration and a methodical strategy.

US’s Aptar Digital Health acquires Singapore healthcare firm Healint

Aptar Digital Health, a global digital health solutions provider, has on Wednesday announced that it has acquired Healint, a Singapore-based digital health company. The acquisition of Healint aligns with Aptar Digital Health strategy to broaden its portfolio in neurology and strengthen its global footprint for digital health deployment.

Indonesia issues regulations requiring Google, Meta to compensate news publishers – report

"The spirit of the regulation is... to ensure a fair cooperation between media and digital platforms, provide clearer cooperation framework between them," Jokowi was quoted as saying.

Delivery Hero ends talks on potential sale of selected SEA foodpanda business

Delivery Hero SE, Germay-based local delivery platform, has on Wednesday announced that it has terminated discussions with the main negotiating counterpart regarding a potential sale of its foodpanda business in selected Southeast Asian markets covering Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos.

South Korea’s InnoCSR secures new investment from ADB Ventures, Garden Impact Fund, and Clarion Newlife Capital

South Korea's green energy firm InnoCSR has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new investment comes from ADB Ventures, along with support from Singapore-based Garden Impact Fund and Clarion Newlife Capital.

Vietnam’s VinFast to build $500M integrated EV manufacturing site in India

Vietnamese automaker VinFast Auto announced Wednesday that it will break ground at its integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on Sunday (February 25), with a commitment of $500 million for the first phase.