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Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – reportUS-based tech giant Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday, Reuters reported. Last year, it was reported that Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise...0 Bình luận 0 Chia sẻ 13K Lượt xem 0 Đánh giá
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Aura Private Equity leads $28.5M investment into Singapore’s Global Incentive SolutionsAura Private Equity has on Thursday announced a AU$28.5 million ($18 million) investment into Singapore-based Global Incentive Solutions, the parent company of Giftaway, a business with capabilities in digital rewards and incentives in the Philippines. Aura Private Equity said in a statement that this investment, made in collaboration with its co-investors, will fuel Giftaway’s growth as...0 Bình luận 0 Chia sẻ 13K Lượt xem 0 Đánh giá
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Bolttech appoints Chief Investment Officer at Dragon Fund Ridhi Chaudhary to Board of DirectorsSingapore-based insurtech firm bolttech has appointed Ridhi Chaudhary, Chief Investment Officer of Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director. This follows bolttech’s recent Series C funding round led by Dragon Fund, the firm said in a statement on Monday. According to the statement, Chaudhary’s extensive experience in driving growth through...0 Bình luận 0 Chia sẻ 11K Lượt xem 0 Đánh giá
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Brookfield acquires three high-tech business parks in first Singapore investmentBrookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state. Brookfield said in a statement that the assets will be acquired from Mapletree Industrial Trust, a Singapore-listed real...0 Bình luận 0 Chia sẻ 8K Lượt xem 0 Đánh giá
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Creador acquires minority stake in Vietnam’s pharmacy chains FPT Long Chau Investment JSCCreador, a Malaysia-based private equity firm in South and Southeast Asia, has announced the acquisition of up to 13 percent in FPT Long Chau Investment JSC (Long Chau), one of Vietnam’s leading pharmacy chains. This marks the first ever fundraise by Long Chau and the second investment made in Vietnam by Creador, Creador said in a statement on last Friday. Long Chau has grown from four...0 Bình luận 0 Chia sẻ 11K Lượt xem 0 Đánh giá
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Digital Penang, MBAN launch Angel Investment Accelerator to strengthen Penang’s startup ecosystemDigital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang. Digital Penang said in a statement that the launch marks the beginning of a three-month...0 Bình luận 0 Chia sẻ 790 Lượt xem 0 Đánh giá
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East Ventures, SV Investment announce first close of $100M Southeast Asia-South Korea investment corridor fundEast Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund. The duo said in a statement that this first closing is backed by leading investors from Korea and Indonesia. With anchor capital from...0 Bình luận 0 Chia sẻ 11K Lượt xem 0 Đánh giá
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Endowus expands credit offerings with global alternative investment manager Man GroupEndowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore. Endowus said in a statement on Wednesday that through this partnership, the firm will provide access to Man Group’s differentiated solutions under its premier global credit platform,...0 Bình luận 0 Chia sẻ 9K Lượt xem 0 Đánh giá
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Germany’s X-FAB expands manufacturing site in Malaysia with $600M investmentX-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment. The firm said in a statement on Friday that it has launched a new state-of-the-art manufacturing line at its Sarawak facility. This major expansion – representing a $600 million investment – marks a significant milestone for...0 Bình luận 0 Chia sẻ 824 Lượt xem 0 Đánh giá
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GIP–BlackRock explores $5B data centers investment in ThailandGlobal Infrastructure Partners (GIP)–BlackRock is exploring a strategic partnership with “CP–True IDC” to strengthen Thailand’s digital infrastructure and build a regional giga data center hub with up to $5 billion investment. GIP–BlackRock said in a statement on last Friday that the firm plans to collaborate with local partners on a major digital...0 Bình luận 0 Chia sẻ 7K Lượt xem 0 Đánh giá
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GSMA: five-fold GDP growth positions ASEAN for next wave of digital investmentFive-fold gross domestic product (GDP) growth has positioned ASEAN for next wave of digital investment, the new GSMA report found Tuesday. According to the report, the ASEAN markets are at a digital crossroads, with mobile technologies set to shape the region’s next wave of growth. Thus, GSMA calls on governments and industry to close critical policy, infrastructure and skills gaps to...0 Bình luận 0 Chia sẻ 1K Lượt xem 0 Đánh giá
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CVC Funds agree sale of OANDA to FTMOCVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO). The terms of the transaction, which is subject to customary regulatory approvals, are not disclosed, CVC said in a statement on Monday. Founded in 1996, OANDA is a leading, global digital platform for active traders, offering multi-asset...0 Bình luận 0 Chia sẻ 11K Lượt xem 0 Đánh giá
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Malaysia approves $29.64M initial funding for seven ECF, P2P platforms under NIMP2030 strategic CoSIFThe Ministry of Investment, Trade and Industry (MITI) announced last Saturday that a total of seven equity crowdfunding (ECF) and peer-to-peer financing (P2P) platforms have been selected to participate in the New Industrial Master Plan (NIMP2030) Strategic Co-Investment Fund (CoSIF). MITI said in a statement that the ECF platforms are pitchIN; Mystartr; Leet Capital and Crowdo, while the P2P...0 Bình luận 0 Chia sẻ 9K Lượt xem 0 Đánh giá
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Philippine fintech firm Salmon secures additional $50M in oversubscribed Nordic bondSalmon Group Ltd, a credit-led fintech in the Philippines, has raised further $50 million in an oversubscribed Nordic bond issue, accelerating its goal to build Southeast Asia’s next-generation consumer banking. The firm said in a statement on Wednesday that this latest raise follows the $60 million inaugural bond issue in April 2025, bringing Salmon’s total bond financing to $110...0 Bình luận 0 Chia sẻ 447 Lượt xem 0 Đánh giá
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Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the USBetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round. The round saw participation from existing investors, including Aura Group and Tibra Co-founder Kinsey Cotton, alongside new investors such as Sydney’s Grand Prix Capital,Singapore’s Aument Capital and angels including...0 Bình luận 0 Chia sẻ 10K Lượt xem 0 Đánh giá
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Singapore’s CapitaLand invests $700M to develop its first date center in JapanCapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million. CLI said in a statement on Tuesday that 50 megawatts (MW) of power capacity have been secured for the project. The acquisition is a testament to CLI’s...0 Bình luận 0 Chia sẻ 11K Lượt xem 0 Đánh giá
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Singapore’s GLP launches $358M AUM maiden data center fund in ChinaGLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million). The firm announced in a statement the closing of its first digital infrastructure focused strategy – GLP China IDC Income Fund I. The capital raise was backed by a group of top tier...0 Bình luận 0 Chia sẻ 8K Lượt xem 0 Đánh giá
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