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Malaysian Central Bank, World Bank announce initiatives to enable financial sector to support nature-positive outcomes

Bank Negara Malaysia (BNM) and the World Bank have announced two key initiatives to enable the financial sector to support nature-positive outcomes. BNM said in a statement on…

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ACP, IFC, MAS and Temasek establish green investments partnership in Asia

Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced today the intent to establish a green…

Alibaba Cloud open-sources more LLMs with diverse sizes and multimodal features

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Monday that it has open-sources more large language models (LLMs) with diverse sizes…

Malaysian agritech startup Qarbotech lands $700,000 seed funding

Qarbotech, a Malaysia-based agritech startup, announced Monday that it has raised $700,000 in seed funding and grants. The round was led by multi-stage venture capital firm, 500…

MAS launches world’s first multi-sector transition taxonomy

The Monetary Authority of Singapore (MAS) has on Sunday launched the Singapore-Asia Taxonomy for Sustainable Finance (Singapore-Asia Taxonomy) – which sets out detailed thresholds…

Indonesian construction technology company Gravel raises $14M from prominent investors

Gravel, the Indonesia-based construction technology company, has raised $14 million to date from investors. Gravel said in a statement on Monday that the investors include New…

Singapore’s Igloo closes $36M Pre-Series C fundraise with 50 percent valuation increase

Singapore-based insurtech Igloo has on Monday announced that it has closed a $36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund…

Axiata concludes sale of Ncell, exits Nepal

Malaysian multinational telecommunications conglomerate Axiata Group Berhad has announced that it had entered into an unconditional sale and purchase agreement with Spectrlite UK…

Gogoro launches smartscooters and battery swapping in the Philippines

Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has announced the commercial launch and…

New report reveals $330B/year opportunity in emerging market green investments

Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B…

Singapore’s FENIX360 goes public in UK via $610M spac deal with Duet

Singapore-based Fenix 360 Pte Ltd. (FENIX360) will go public through merger With DUET Acquisition Corp. to create a global social media platform. FENIX360 said in a statement on…

LeapFrog, Temasek, EIB join forces to deliver $500 million pledge for green solutions

LeapFrog Investments, the profit with purpose firm based in United Kingdom, has announced investment from Temasek and support from the European Investment Bank for its strategy to…

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Niko Partners’ Lisa Cosmas Hanson on the impact of gametech beyond gaming [Q&A]

In recent years, the gametech industry has witnessed remarkable growth and innovation, becoming a significant force in both the gaming world and its applications in other sectors.…

Five telcos take up 70% stake in Digital Nasional Berhad

Five Mobile Network Operators (MNOs) have on Friday executed share subscription agreements (SSAs) to take up 70 percent equity stakes in Digital Nasional Berhad (DNB), a…

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