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Okapi Technologies has secured a $2 million debt facility from Aquila, a sustainable finance company, to enhance residential solar adoption in Malaysia and Southeast Asia. The funding will support growth initiatives and facilitate financing for engineering, procurement, and construction contractors, crucial for expanding solar energy use.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
Southeast Asia's earned-wage access (EWA) sector sees its first exit as Kredivo acquires GajiGesa for about US$12 million, despite the latter's valuation drop. While this signals growing interest from major fintech firms, many EWA startups face challenges in achieving sustainable growth amid high operational costs and lengthy onboarding processes.
In June, the inaugural Asia Economic Summit will facilitate crucial discussions on regional policies and the economic and digital future. Meanwhile, Amazon is considering launching a standalone payments app in India to compete with Google Pay and PhonePe, leveraging its existing user base. In Qatar, US payment firm Yuno has established its regional headquarters, aligning with the country's ambitions to become a fintech leader, supported by government initiatives and a growing market for cross-border remittances.
In June, the inaugural Asia Economic Summit will facilitate crucial dialogues on regional policies and the economic future. Meanwhile, Amazon is considering launching a standalone payments app in India to compete with Google Pay and PhonePe, leveraging its existing user base. In Qatar, Yuno's entry into the fintech market aligns with the country's ambitions to become a global fintech leader, supported by government initiatives and a growing demand for financial services among expatriates.
Khazanah Nasional Berhad, through its Dana Impak unit, has invested in chargEV, Yinson GreenTech’s EV charging arm, to bolster Malaysia's low-carbon transition. This investment, announced on March 10, aims to expand chargEV’s network to meet the target of 10,000 EV charging points nationwide by the Ministry of Investment, Trade, and Industry. Currently, Malaysia has 3,611 charging points, and the funding is expected to enhance operations and support the National Energy Transition Roadmap.
Khazanah Nasional Berhad, through its Dana Impak unit, has invested in chargEV, Yinson GreenTech’s EV charging arm, to bolster Malaysia's low-carbon transition. This investment, announced on March 10, aims to expand chargEV’s network to meet the target of 10,000 EV charging points nationwide by the Ministry of Investment, Trade, and Industry. Currently, Malaysia has 3,611 charging points, and the funding is expected to enhance operations and address the growing demand for charging solutions.
In 2024, Sea Group experienced significant growth, with SeaMoney's revenue increasing by 35% year-on-year, making it the second-largest revenue source after Garena. Shopee also thrived, surpassing $100 billion in gross merchandise value. Despite challenges, Garena remains the most profitable unit, with rising user engagement.
Wiwynn Corp, a Taiwan-based Meta cloud supplier, is increasing its 2025 capital expenditure to NT$18 billion (approximately US$548 million) to diversify manufacturing amid rising US tariffs on Mexican imports. This budget will fund a US$300 million factory in Texas, a new facility in Kaohsiung, and expansions in Mexico and Malaysia. The company reported a 91.22% year-over-year revenue increase in February 2025, driven by demand for AI and general-purpose servers, and plans to ship AI servers powered by Nvidia chips soon.
Sales of anti-Elon Musk bumper stickers have surged, with Matthew Hiller selling 400 to 500 daily since the CEO's controversial actions at a Trump rally. Many Tesla owners, unable to sell their cars due to declining values, are using the stickers as a way to express their discontent with Musk's political stance. The stickers have gained international popularity, with orders coming from various countries, while demonstrations against Tesla have increased across the U.S.
MYS
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Okapi Technologies secures two million dollars for solar financing in Southeast Asia
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