KKR Closes First Asia Real Estate Fund at US$1.7 billion
HONG KONG – Global investment firm KKR announced the final close of KKR Asia Real Estate Partners (AREP), a US$1.7 billion fund focused on...
KKR Hits Final Close of Asia Infrastructure Fund at $3.9bn
Global private equity giant KKR announced the final close of KKR Asia Pacific Infrastructure Investors SCSp, a US$3.9 billion fund focused on infrastructure-related investments...
Filinvest, Investree to Operate Philippines’ First Crowdfunding Platform
Investree Philippines, a the fintech joint venture company of Filinvest Development Corporation and Investree Singapore, has received approval to operate the Philippines’ first licensed...
Philippines: GCash Operator Mynt Raises $175m Funding
Mynt, the Fintech arm of Globe Telecom and operator of mobile wallet in GCash, has attracted fresh capital investment from ASP Philippines LP, a...
Singapore’s YouTrip Partners with Visa to Expand Footprint in Southeast Asia
Singapore-based multi-currency mobile wallet YouTrip has forged a six-year partnership with Visa to accelerate its expansion into the rest of Southeast Asia, starting with...
Japan Shuts Doors, Bans Entry from All Countries
The Japanese government announced on Saturday that it will not allow entry of foreigners from all countries as it tries to prevent the spread...
ADB Provides $1M Grant to Cyclone Yasa-hit Fiji
Manila-based global lender Asia Development Bank (ADB) announced that it has approved $1 million grant to the Government of Fiji to help finance the...
UNISOC-powered Fibocom L610-EU obtains GCF/CE/NCC Certification
SHANGHAI, CHINA, Dec 23, 2020 - (ACN Newswire) - UNISOC, China's CTTL, and Fibocom have announced the successful GCF/CE/NCC certification of the Fibocom L610-EU...
GIC, ESR Establish $750m industrial and logistics real estate JV in India
GIC, Singapore’s sovereign wealth fund, and ESR Cayman Limited announced today that they have entered into an 80:20 strategic partnership to establish a US$750...
ADB Approves $231m Loan to Construct Hydroelectric Power in India
The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India.
This...
VietinBank, Manulife Ink Exclusive 16-year Bancassurance Deal
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Manulife Financial Corporation (Manulife) are pleased to announce that an agreement has been...
Visa Launches Accelerator Program for Asia Pacific’s Top Startups
Digital payments giant Visa has announced an accelerator program for startups across Asia Pacific that are looking to expand their businesses into new markets....
ADB, Gojek to Initiate Research on Digitization, COVID-19 Impact on MSMEs
The Asian Development Bank (ADB) and Gojek, formally known as PT Aplikasi Karya Anak Bangsa, have signed a collaboration agreement to conduct joint research...
ADB Approves $250m COVID Loan to Papua New Guinea
The Manila-based Asian Development Bank (ADB) has approved a $250-million loan to support Papua New Guinea’s response to the coronavirus disease (COVID-19) pandemic, according...
UNESCO to Host Online Debate on Empowering Women in the Digital Sphere
As the world grapples with consequences of the COVID-19 pandemic, the cultural and creative industries are experiencing a rapid digital migration, with increasing digital...
Ascendas Reit Completes Acquisition of US Properties for $560m
Ascendas Funds Management Ltd, the manager of Ascendas Real Estate Investment Trust (Ascendas Reit), has competed its acquisition fo two office properties located in...
UN Launches $2bn Sanitation and Hygiene Fund
The Sanitation and Hygiene Fund will be critical to dramatically scale up investments to reach everyone with sanitation services, United Nations Deputy Secretary-General has...
Baidu to Acquire JOYY’s Live Streaming Business in China for $3.6bn
Baidu, Inc, a search engine, knowledge and information centered Internet platform and AI company, announced that it had entered into definitive agreements to acquire...
Securing the Future of Energy in The Philippines
Philippines - (ACN Newswire) - On 16-19 November 2020 (09:00, GMT+8), The Future Energy Show Philippines (16-17 November) and The Future Energy Show Vietnam (18-19...
POWER WEEK ASIA 2021: Lifelike Virtual Conference for Power & Energy Experts
SINGAPORE - (ACN Newswire) - The 6th annual POWER WEEK ASIA Virtual Conference (15 - 18 March 2021) is now open for registration. Across...