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Indonesia Lowers Value-Add Tax on Electric Vehicles from 11% to 1%
Indonesia has lowered its value-add tax on battery-based electric vehicle sales.
- Categories
- Energy, Transportation
- Region
- South Asia
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Indonesian EV Battery Startup Swap Energy Raises $7.2 Million
Indonesia-based Swap Energy has raised about $7.2 million in a pre-Series A funding.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, mining, startups, transportation
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Malaysia’s Blueshark Launches Initiative to Accelerate Electric Motorcycles Adoption and Development
Malaysia Electric Vehicle Empowerment (MyEVE) has been created to accelerate the adoption and development of electric motorcycles in Malaysia.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Heritas, DBS Tackle ‘Severe Underfunding’ of Social Enterprises With New Impact Fund
The Asia Impact First Fund has hit a first close of US$20m and aims to support 10 to 15 companies.
- Categories
- Social Enterprise
- Region
- South Asia
- Tags
- venture capital
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Agros Raises US $2.7 Million in Pre-Series A Funding Round
Sustainable agriculture solutions help Asian farmers decarbonize and double their profits, says agritech start-up.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, energy access
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Enstack Raises $3 Million to Help Digitize SMEs
The funding round will support its goal of digitizing small and medium enterprises (SMEs) in the Philippines and across Southeast Asia.
- Categories
- Technology
- Region
- South Asia
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Indonesian Government Starts Building $2.6 Billion Hydropower Plant
The Mentarang Induk project will have more than 1.3GW of power generation capacity.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy
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Indonesia Introduces Carbon Trading For Its Coal Power Plants
Indonesia has announced that the initial phase of rolling out a carbon trading mechanism for coal power plants has begun.
- Categories
- Environment
- Region
- South Asia