Temasek-backed ABC aims to raise $600m for second impact fund
SINGAPORE -- Singapore-based ABC Impact (formerly ABC World Asia) is raising at least $600 million for its second impact fund,...
Read More
More firms want support to expand overseas, lower foreign worker levies in Budget 2023: UOB survey
MORE businesses are looking for support to expand overseas and reduce foreign worker levies in Budget 2023 as compared with...
Read More
Banks, investors fill ASEAN tech funding gap with loans
SINGAPORE -- With the stock market slowdown making it harder for Southeast Asia's growth-hungry tech startups to raise funds, they...
Read More
Indonesia’s geothermal plants billow with foreign investments
Japan's Inpex, Singapore's Start Energy join rush to develop renewable energy source TOKYO/JAKARTA/MANILA -- Geothermal projects are taking off in...
Read More
Singapore PE firms join forces, close $700m tech fund
Capital Square Partners (CSP) and Basil Technology Partners (BTS), two Singapore-based private equity firms, have partnered to establish and close...
Read More
Climate tech company Chooose raises US$15m in funding co-led by Temasek’s GenZero
NORWAY-BASED climate tech company Chooose has announced a US$15 million funding round co-led by GenZero and Soundwaves. Existing investors including...
Read More
Tackling climate change: Tech firms can play a part with sustainable solutions powered by blockchain, IoT and AI
From the energy market to the logistics industry, building management and agriculture, homegrown businesses Azendian, iAPPS and UnaBiz are taking...
Read More
SE-Asia ESG bond proceeds rose 37.4% year-on-year in Q4 2022
PROCEEDS from South-east Asian environmental, social and governance (ESG) bonds rose 37.4 per cent year-on-year to US$2.9 billion in the...
Read More
Northstar Group hits $90m in first close of early-stage fund
Northstar Group, a Singapore-based VC firm, has raised US$90 million in the first close of its new investment initiative, Northstar...
Read More
Vietnam private equity company ABB seeks $100m for 2nd fund
HANOI -- Vietnam-based private equity (PE) company ABB is raising a $100 million second fund, according to a top executive...
Read More
Singapore GDP grew 3.8% in 2022; further weakness ahead amid global headwinds
SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset...
Read More
Vietnamese tech major VNG’s valuation slashed to $364m
VNG, Vietnam’s first tech unicorn and once reportedly valued at US$2.2 billion, is expected to list locally on January 5...
Read More
Singapore firm targets bigger fund to invest in alternative proteins
JAKARTA -- One sector hit hard by the funding winter is alternative proteins, but that does not mean innovation has...
Read More
Philippines signals more rate action after half-point move
THE Philippine central bank lifted its benchmark interest rate to a 14-year high on Thursday (Dec 15), while signalling more...
Read More
Vietnamese B2B platform bags $1m in Touchstone-led seed round
Oda, a B2B food and beverage ordering platform, has raised US$1 million in a seed funding round led by Touchstone...
Read More
Indonesian teledoctor Halodoc eyes Thailand, Singapore foray
Halodoc, one of Indonesia’s largest health tech startups, is aiming to bring its telemedicine app to other Southeast Asian countries,...
Read More
Vietnamese education group Nguyen Hoang pauses stake sale on valuation concerns
VIETNAMESE education firm Nguyen Hoang Group has paused the sale of a minority stake that could potentially value its business...
Read More
The Non-Predictions for 2023 (with Presentation/Chart Pack attached)
By now many of you would have seen several outlook reports for 2023 from the sell-side or large buy-side firms....
Read More
Vietnam central bank raises cap on 2022 credit growth
VIETNAM’S central bank said on Monday (Dec 5) it had raised its 14 per cent cap on the local banking...
Read More
Philippine digibank Tonik to acquire B2B fintech firm TendoPay
Singapore-headquartered Tonik, a neobank operating in the Philippines, has agreed to acquire Tendo Payment Solutions’ business in the latter country,...
Read More