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Hong Kong’s PAG to invest over $1B on renewable energy in Asia

PAG, a Hong Kong-based Asia Pacific (APAC)-focused alternative investment firm, announced Wednesday the launch of PAG Renewables, a wholly owned company with the mandate to develop, build, operate, and invest in renewable energy in Asia. The fund is expected to invest over $1 billion through the platform over the next several years.

Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium

VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…

How the pandemic accelerated the need for cloud procurement solutions

Essentially, the pandemic accelerated the need for cloud procurement solutions that enable collaboration among stakeholders and help businesses find value for the best price.

Sleek secures Major Payment Institution License

Sleek.com, a leading technology company providing incorporation and accounting services for entrepreneurs, SMEs, and investors has announced on Wednesday that it has been granted a Major Payment Institution License (“MPI”) issued by the Monetary Authority of Singapore (“MAS”), effective from 1 July 2022.

ESR upsizes development joint venture in Korea

ESR Group Limited (“ESR” or the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager, announced on Wednesday the upsize of its second development joint venture (“ESR-KS II” or the “Joint Venture”) in Korea with APG and Canada Pension Plan Investment Board (“CPP Investments”).

Logistics & vehicle tracking SaaS McEasy closes $6.5M Series A funding led by East Ventures

McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised $6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.

Cybersecurity startup watchTowr totals $10.25M in Pre-Series A investment

watchTowr will use the additional funds to continue enhancing the technology that underpins its proprietary platform and to seize growth opportunities that are arising from markets outside of Southeast Asia.

Palo Alto Networks appoints Steven Scheurmann as Regional Vice President for ASEAN

Scheurmann is a recognized expert on topics such as the digital economy, cybersecurity, AI, and cloud technology. He has taught at the National University of Singapore (NUS) Business School and regularly speaks at industry events.

Singapore-based Lendor appoints Jo Olivia Lee as COO to lead expansion to Thailand and South East Asia

Lendor, a Singapore-based circular tech startup has welcomed the appointment of Jo Olivia Lee as Chief Operating Officer who will be responsible for the continuous development of the app, platform services and infrastructure. She will be overseeing administrative and operations for both the Singapore office and the recent launch of Lendor Thailand.