Tag Archives: ASIA

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

Accenture Backs GoUpscale to Modernize Wealth Management Engagement Through AI-Powered Content

(IN BRIEF) Accenture has invested in GoUpscale, a company that helps wealth management firms in Asia modernize client engagement through AI-powered digital content. As the sector aims to double its assets under management by 2026, relationship managers will be key … Read the full press release

Ahlstrom Scales Up Global Filtration Capabilities with Unified Quality and Regional Responsiveness

(IN BRIEF) Ahlstrom, a leader in fiber-based specialty materials, is advancing its global capabilities in filtration with 15 strategically located manufacturing sites across North America, Europe, and Asia. By ensuring uniform quality in filtration materials across all regions, the company … Read the full press release

LEGO Group Strengthens Global Supply Network with Strategic Expansion and Enhanced Regional Operations

(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release

CNMV Chairman Carlos San Basilio Joins OECD Bureau to Advance Global Corporate Governance

(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release

Prudence Foundation Unveils D-Tech Awards and AVPN Alliance to Accelerate Climate & Health Innovation

(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has announced the return of the SAFE STEPS Disaster Tech Awards for 2025. The awards, which feature two tracks—“Climate & Health” and “Smart Resilience”—will be held on 11 June … Read the full press release

ANDRITZ Boosts Wisewoods Mill Capacity with New Pressurized Refining System in Thailand

(IN BRIEF) ANDRITZ has successfully launched a new pressurized refining system at the Wisewoods mill in Phetchaburi, Thailand, enhancing the mill’s production capacity for high-quality medium density fiberboard from rubberwood. The system’s high-efficiency technology improves fiber quality while reducing energy … Read the full press release

2Africa Subsea Cable Reaches Crete, Marking a Major Milestone for Global Connectivity

(IN BRIEF) Vodafone Greece’s cable landing station at Tympaki, Crete, has received the 2Africa subsea cable, the world’s largest cable system. The system promises to enhance internet speed and reliability in Greece, while the broader 2Africa project, launched in 2020, … Read the full press release

Outokumpu Delays U.S. Cold Rolling Expansion, Focuses on Efficiency Gains Amid Tariff Changes

(IN BRIEF) Outokumpu has announced its decision to delay expanding its cold rolling capacity in the U.S., focusing instead on achieving an 80-kiloton increase in the Americas business area by 2025 through efficiency improvements. This decision follows a feasibility study … Read the full press release

Uniper and Kyuden International Partner to Expand Hydrogen and Ammonia Trading in Global Energy Market

(IN BRIEF) Uniper SE and Kyuden International Corporation have signed a Memorandum of Understanding (MoU) to collaborate in hydrogen and ammonia trading, renewable energy, and carbon capture utilization and storage (CCUS). The partnership combines Uniper’s global portfolio of low-carbon and … Read the full press release

EIB Global Loan Boosts SES’s O3b mPOWER Satellite Network to Enhance Connectivity and Bridge the Digital Divide

(IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, … Read the full press release

Barclays Expands in Asia with New Private Bank Booking Centre in Singapore

(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release

Arkema Earns ISCC PLUS Certification for Changshu Site, Expanding Sustainable Resin Production in Asia

(IN BRIEF) Arkema has achieved ISCC PLUS certification for its Changshu production facility in China, allowing the company to introduce a new range of bio-attributed waterborne acrylic resins and additives for sustainable coating applications. Using the mass balance approach, Arkema … Read the full press release

Brightsight Singapore Achieves EMVCo Accreditation, Boosting Payment Security Certification in Asia

(IN BRIEF) Brightsight, an SGS company, has received official recognition from EMVCo for its Singapore facility, making it an authorized laboratory for conducting EMV security evaluations on platforms and applications (ICC). This accreditation allows Brightsight to provide local and international … Read the full press release

Arkema Achieves ISCC PLUS Certification for Specialty Resins Facility in China, Expanding Sustainable Solutions in Asia

(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

Vitol to Acquire Noble Resources Trading Limited

(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release

Papara Partners with Thales to Introduce World-First Personalization Solution for Payment Cards

(IN BRIEF) Thales has partnered with Turkish fintech leader Papara to launch the world’s first deployment of the SketchMyCard solution, allowing users to design personalized payment cards that showcase their creativity and individuality. This collaboration has led to increased card … Read the full press release

CMA CGM Group Unveils Seasonal Initiative FRENCH PEAK SERVICE to Strengthen Asia-Europe Shipping Routes

(IN BRIEF) CMA CGM Group introduces the FRENCH PEAK SERVICE, a seasonal initiative aimed at addressing the sudden surge in maritime transport demand between Asia, Northern Europe, and the Mediterranean. This service involves deploying seven additional vessels with a capacity … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release