Latest news and trends about tech
KKR backed-PHINMA Education acquires St. Jude College Dasmariñas Cavite for $7.43M
KKR-backed Philippine private higher education group PHINMA Education Holdings has on Monday announced its purchase of St. Jude College (SJC) Dasmariñas Cavite in a PHP 432-million ($7.43 million) agreement.
TNGlobal Tracker: Startup Funding Snapshot for November 2024
In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.
Singapore’s Omni HR raises $7.4M to fuel expansion
Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Vietnam’s Kamereo secures $7.8M Series B funding to accelerate growth
Kamereo International, which operates a business to business (B2B) food supply e-commerce platform in Vietnam, has raised $7.8 million in its Series B funding round.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions
The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.
From AI to sustainability: The trends defining tech in Asia-Pacific in 2024
Explore the defining tech stories of 2024 in the Asia-Pacific region, as TNGlobal highlights groundbreaking advancements in AI, notable startup funding, sustainability initiatives, and corporate realignments. Discover how these developments are shaping the future of technology and innovation, positioning the region as a global leader in progress and…
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
ADB approves $14.8M grant to accelerate climate action
The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $14.8 million to accelerate climate action, foster innovation, and strengthen private sector development across its regional operations.
