Ifvex

Ifvex

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2025-09-12 04:48:58 -

20 banks join IFC’s green alliance to support sustainable banking transformation in APAC
Twenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group. IFC said in a statement on Tuesday that this inaugural cohort marks an important step in accelerating the transformation of commercial banks towards excellence in green...

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2025-09-12 04:42:32 -

WGSN expands access of AI-powered platform to Asia
WGSN, a global business intelligence and insights firm, announced Wednesday the expansion of access to its artificial intelligence (AI)-powered fashion buying platform to buyers across Asia’s major markets, including India, China, Japan, Korea, and Southeast Asia. The firm said in a statement that this solution empowers fashion buyers across these leading Asian markets with predictive...

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2025-09-11 06:49:42 -

Princeton Digital Group taps Pertamina Patra Niaga to advance sustainable data center operations in Indonesia
Princeton Digital Group (PDG), the Singapore-based data center provider, announced Wednesday a strategic partnership with oil and gas firm Pertamina Patra Niaga to roll out hydrotreated vegetable oil (HVO) as a replacement for diesel fuel across its Indonesian operations. This milestone marks a significant step in PDG’s commitment to reducing its Scope 1 carbon footprint and advancing...

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2025-09-11 06:47:32 -

Singapore’s early-stage emerging tech startups total funding raised dips to $371M in 2024
Singapore’s early-stage emerging tech startups saw its total funding raised dip 8 percent to $371 million in 2024 from $402 million in 2023, SGInnovate‘s report showed Tuesday. According to the report, overall growth in deal activity rising from 49 deals in 2023 to 56 in 2024. Funding activity once again favored early-stage dealmaking, as venture capitals likely sought earlier...

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2025-09-11 06:44:45 -

TM and Scicom form strategic partnership to deliver AI solutions
Telecommunication firmTelekom Malaysia Berhad (TM) and BPO and digital firm Scicom (MSC) Berhad have entered into a strategic partnership to elevate customer experience through artificial intelligence (AI)-driven innovation and operational excellence. The duo said in a statement on Tuesday that the collaboration reflects TM’s commitment to delivering world-class customer engagement and...

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2025-09-11 06:41:24 -

GXBank and AKPK join forces to promote financial literacy in Malaysia
Grab-backed digital bank GX Bank Berhad and the Credit Counselling and Debt Management Agency (AKPK) have on Tuesday announced a strategic partnership to deepen efforts in building a financially literate and resilient Malaysia. This strategic partnership marks a significant milestone in both organizations’ commitment to promoting financial literacy and inclusion, especially in view of...

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2025-09-11 06:39:21 -

Singapore’s Clime Capital launches independent Technical Assistance Facility
Clime Capital, the Singapore-based fund manager focused on accelerating the low-carbon transition, announced Wednesday the launch of SEACEF TAF, an independent Technical Assistance Facility, to boost its impact in the region by delivering tailored strategic support alongside its investments in clean energy technologies and businesses in Southeast Asia. Clime Capital said in a statement that...

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2025-09-11 06:37:10 -

Singapore’s bolttech partners with Harmony Auto Indonesia for embedded EV insurance
Singapore-based insurtech bolttech has partnered with Harmony Auto, a Chinese automotive distributor, to launch an insurance solutions designed exclusively for BYD electric vehicle (EV) owners through Harmony Auto’s distribution channels in Indonesia. Bolttech said in statement on Wednesday that the launch in Indonesia marks an expansion of Harmony Auto and bolttech’s ongoing...

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2025-09-11 06:33:10 -

How localization unlocks growth in emerging economies
When a growing company starts considering global expansion, the main point often revolves around the question of how to scale at speed. But when you’re looking to expand into emerging markets, success depends on something else, instead: localization. “Copy-paste” is generally not a good strategy to follow when you’re looking to cover more than one market. Past market...

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2025-09-11 06:29:05 -

GIC, SoftBank could sell stake in Vietnam’s fintech firm VNLife
Singapore’s GIC Pte Ltd and Japan’s SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm VNLife, Bloomberg reported on Tuesday, quoting people with knowledge of the matter. The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest, the people...

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2025-09-11 06:25:40 -

WORQ partners Bandar Utama City Group to launch new co-working space
WORQ, a Malaysia-based coworking and flexible workspace provider, has in a partnership deal with Bandar Utama City Group, to launch its latest outlet at KPMG Tower, 8 First Avenue in Bandar Utama. WORQ said in a statement that this joint investment introduces a wellness-embedded, transit-oriented coworking model designed to help companies unlock their employees’ potential while elevating...

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2025-09-11 06:22:25 -

Singtel and Tencent Games team up to launch HoK ∙ Cloud
Singtel and Tencent Games have on last Thursday announced the launch of Honor of Kings ∙ Cloud (HoK ∙ Cloud) using Singtel’s 5G network slicing technology. Singtel said in a statement that this world-first deployment employs Singtel’s advanced 5G network to deliver dedicated, low-latency capabilities to enable smoother, more competitive game play for players at home or on the move....

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