Vertical

IFC-led consortium to provide up to $400M to PTCL to boost digital connectivity in Pakistan

International Finance Corporation (IFC), alongside other investors, is providing up to $400 million to Pakistan Telecommunication Company (PTCL) to finance its acquisition of Telenor Pakistan Private Limited and Orion Towers Private Limited.

GITC partners GDEX to develop skilled workforce for logistics industry

Malaysia-based Government-Industry TVET Coordination Body (GITC) and GDEX Berhad (GDEX) are collaborating to develop a skilled and competent workforce to meet the needs of the courier and logistics industry.

$8 trillion opportunity in sustainable cooling solutions for developing economies, says IFC and UNEP report

The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).

Lendela’s Bryan Tay on maximizing financial flexibility for SMEs [Q&A]

In this TNGlobal Q&A, Lendela's Bryan Tay shares his insights on how borrowers can capitalize on potential rate cuts, refinance existing loans, and secure more favorable financing terms. He explains the importance of transparency in lending, how #SMEs can avoid common pitfalls, and the role fintech platforms like Lendela play in leveling the playing field…

Temasek sets aside $78M Concessional Capital for Climate Action

Singapore state-owned investor Temasek has committed to set aside S$100 million ($77.67 million) as concessional capital for Climate Action (CCCA).

Singapore’s ProfilePrint inks major agreements with Brazilian agricultural leaders for AI solutions

ProfilePrint, a Singapore-based artificial intelligence (AI)-driven ingredient quality platform, has announced the signing of new agreements with Brazil's two largest coffee exporting cooperatives, Cooxupé and Minasul, as well as Instituto CNA, a government-supported institution representing Brazil’s agricultural sectors.

WeRide partners Uber to launch robotaxis in UAE

China-based autonomous driving technology company WeRide has partnered United States-based mobility and delivery technology platform Uber Technologies, Inc. to bring WeRide’s autonomous vehicles onto the Uber platform, beginning in the United Arab Emirates (UAE).

Himalayan Bank collaborates with Ant International to expand Alipay+ acceptance in Nepal

Alipay+ will be accepted at more than 25,000 local merchants, allowing travellers from 10 countries and regions to enjoy a convenient and cashless experience as they travel across Nepal simply by scanning the MOCO Unified QR Code.

AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses

Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).

Market for AI products and services could reach up to $990B by 2027 – Bain & Co’s report

In addition to the need for more data centers, the AI-driven surge in demand for graphics processing units (GPUs) could increase total demand for certain upstream components by 30 percent or more by 2026, Bain predicted.