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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia
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Hyundai Motor to Invest $2.45 Billion in India by 2032 to Boost EV Ecosystem
The agreement will lead to an increased production capacity at the company’s facility in Sriperumbudur — Chennai’s automotive corridor.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
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Apple Supplier Foxconn to Invest $500 Million in India’s Telangana State
Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state's IT minister said on Monday.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Apple Is Making Another Bet on an Emerging Market in Asia
The iPhone maker is seeking growth among younger, mobile-first populations.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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Chinese Automaker BYD to Make EVs in Vietnam
Chinese automaker BYD plans to expand into electric vehicles manufacturing and assembly in Vietnam.
- Categories
- Transportation
- Region
- South Asia
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Press Release: IFC Establishes a Presence in Malaysia to Support Green, Resilient and Inclusive Growth
IFC has established a presence in Malaysia to support the country's efforts to foster greater sustainable, resilient, and inclusive economic growth.
- Categories
- Environment, Technology
- Region
- South Asia
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Avaada Raises $1 Billion from Brookfield for Manufacturing of Green Hydrogen and Solar Modules in India
Global Power Synergy Public Company will further invest $68 million in Avaada Energy for releasing debt obligations and supporting growth.
- Categories
- Energy
- Region
- Asia Pacific
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With $200 Million, Spiro Will Deploy 140,000 Electric Motorcycles in Uganda
The investment should help decarbonize the transport sector Uganda, which is increasingly courted by car manufacturers.
- Categories
- Environment, Transportation
- Region
- Sub-Saharan Africa