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IFC invests $92M in Thailand’s Winchai to boost renewable energy access in SEATo address Southeast Asia’s growing energy demand and support local economies, the International Finance Corporation (IFC), a member of the World Bank Group, is providing a loan package of up to THB3,140 million (approximately $92 million) to Winchai Company Limited – a wholly-owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP). IFC said in a statement on...0 Comments 0 Shares 7K Views 0 Reviews
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MIDA, FMM, Bintang Capital launch fund to strengthen Malaysia’s semiconductor ecosystemThe Malaysian Investment Development Authority (MIDA), the Federation of Malaysian Manufacturing (FMM), and Bintang Capital Partners (Bintang Capital) have teamed up to launch innovative fund to strengthen Malaysia’s semiconductor ecosystem and drive sustainable growth. The trio said in a statement on Monday that they have joined forces through memorandum of understanding (MoU). This...0 Comments 0 Shares 6K Views 0 Reviews
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Singapore’s Clime Capital launches independent Technical Assistance FacilityClime 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...0 Comments 0 Shares 753 Views 0 Reviews
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Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansionBien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds. The duo said in a statement on last Wednesday that under the agreement, UOBVM managed funds will hold an approximately 12 percent stake, becoming a substantial shareholder....0 Comments 0 Shares 7K Views 0 Reviews
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