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2025-03-20 07:09:11 -

Hong Leong Islamic Bank collaborates with PayNet, GoBarakah on new FinTech ecosystem
Malaysian lender Hong Leong Islamic Bank (HLISB) has signed a memorandum of understanding (MOU) with fintech platform GoBarakah, with plans to build a new FinTech ecosystem that channels donations and funds to underserved communities. The partnership, formed under the PayNet Cambah program by Malaysia’s national payments firm Payments Network Malaysia Sdn Bhd (PayNet), underscores the...

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2025-06-12 07:03:36 -

Singapore’s Dayone secures $3.54B multicurrency financing for sustainable digital infrastructure funding
Singapore-based DayOne Data Centers has successfully closed its MYR 15 billion ($3.54 billion) equivalent multicurrency financing for sustainable digital infrastructure funding. OCBC said in a statement on Wednesday that the funding is comprising a MYR 7.5 billion Murabahah term financing facility and a $1.7 billion offshore term loan facility. Structured under the green loan principles, part...

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2025-04-18 04:21:52 -

Temasek-backed ABC Impact closes second fund at over $600M
ABC Impact, the Asia-focused impact investment firm backed by Singapore state-owned fund Temasek, has successfully completed the final closing of its second fund at over $600 million, doubling the size of Fund I. ABC Impact said in a statement on Monday that this milestone deepens the firm’s commitment to addressing Asia’s critical social and environmental needs through...

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2025-05-04 04:04:05 -

UNDP, Trigger team up to support Singapore startups with smarter investment
The United Nations Development Program (UNDP) and Trigger Asset Management (Trigger) have launched a partnership aimed at unlocking capital and strengthening support for startups and businesses advancing the Sustainable Development Goals (SDGs). This collaboration brings together UNDP’s global innovation and finance expertise with Trigger’s strength in sustainable and scalable...

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