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Press Release: UBS Optimus Foundation and Swiss Re Foundation Invest over USD $2 Million to Kickstart a New Partnership with Terratai
The support of UBS Optimus Foundation and Swiss Re Foundation will be targeted towards building and scaling Terratai’s first cohort of early-stage businesses that can demonstrate quantifiable impact on nature and biodiversity.
- Categories
- Environment, Investing, Technology
- Region
- South Asia
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Indonesia Waters Down Coal Closure Plans
The country now plans to start shutting down coal plants no earlier than 2035, having previously committed to begin retiring its coal-fired capacity by 2030.
- Categories
- Energy, Technology
- Region
- South Asia
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Asian Development Bank Provides $300 Million Loan to Boost Filipino Financial Inclusion
ADB’s Inclusive Finance Development Program, Subprogram 3, champions reforms that amplify financial inclusivity in the Philippines.
- Categories
- Finance, Technology
- Region
- South Asia
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Malaysia’s EPMB Invests $21 Million for New EV Car Manufacturing Facility in Melaka
This project is poised to create around 1,000 new job opportunities in the state of Melaka.
- Categories
- Investing
- Region
- South Asia
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East Ventures and SV Investment Inject $100 Million Fund to Supercharge Tech Startups in Southeast Asia
Indonesia-based venture capital firm East Ventures and Seoul-based venture capital firm SV Investment have joined forces to establish a new fund targeted at $100 million.
- Categories
- Investing, Technology
- Region
- South Asia
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Malaysian Fintech Startup MADCash Secures $1 Million in Funding to Empower Women Entrepreneurs
MADCash funds and grows unbanked and underbanked women entrepreneurs, aiming to create an alternative credit scoring to increase their future bankability.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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ADB Approves $500 Million Loan to Support Indonesia’s Development Agenda and Reform Priorities
The loan will support Indonesia’s development agenda and reform priorities in creating an enabling environment for investments.
- Categories
- Investing
- Region
- South Asia
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Bank Mandiri Partners with FishLog to Expand MSME Financing in Indonesia
FishLog focuses on the cold-chain fisheries sector and offers services such as a B2B marketplace and inventory financing.
- Categories
- Investing
- Region
- South Asia
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