Logistics
I Squared Capital acquires controlling stake of Philippine Royale Cold Storage
I Squared Capital, an US independent global infrastructure investment manager, announced Tuesday that it has agreed to acquire a controlling stake in Royale Cold Storage (RCS), a cold storage operator in the Philippines.
Vynn Capital, DHL Express renew MoU to empower Malaysia’s startup and SME community
Malaysia-based venture capital firm Vynn Capital, has renewed its partnership with DHL Express, the international express service provider, to jointly support the development and growth of local small and medium-sized enterprises (SMEs) by elevating their visibility and reach.
AirAsia MOVE’s EBITDA grows by 10 percent on year in the first quarter despite lower revenue
AirAsia MOVE, the digital arm of Malaysia-based Capital A Berhad, announced last Friday that its earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 10 percent year on year.
Singapore’s XSQUARE Technologies, ACC ink MoU to advance Saudi Arabia’s logistics landscape
Singapore-based XSQUARE Technologies and Alkhorayef Commercial Company (ACC), an integrated commercial and industrial solutions provider in the Kingdom of Saudi Arabia, have inked deal to advance Saudi Arabia’s logistics landscape.
Lazada commits $100M to enhance LazAffiliate Program and power creator commerce in SEA
Lazada, a Singapore-based eCommerce platform, announced Monday an annual investment of $100 million in the Lazada Affiliate Program (LazAffiliate Program) in Southeast Asia.
Maybank sees Indonesia’s new logistic regulation to benefit third-party players
Maybank Investment Bank said Wednesday that Indonesia's new logistics rules to benefit third-party logistic providers.
Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem
Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.
Sin Chew Woodpaq secures strategic investment from Heliconia Capital to fuel regional growth
M3 SG Pte Ltd, the holding company of Sin Chew Woodpaq Pte Ltd, a logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management to accelerate regional expansion and innovation in specialized logistics solutions.
Teleport inks partnership with Emirates SkyCargo to combine global network, strengthen trade and eCommerce flows
Teleport, AirAsia’s exclusive cargo partner, has signed a preferred partnership with Emirates SkyCargo, the cargo arm of the world’s largest international airline, to combine global network and strengthen trade and eCommerce flows.
Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing
ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.
