Volatility in developed markets, the energy crisis in Europe, and widening of Asia-focussed strategies has led to increased interest in these two markets.
The two Singapore-born fintechs will address the opportunity to decarbonise the local data centre industry, currently responsible for around 7% of the city-state’s greenhouse gas emissions.
The Singapore-based firm aims to make it easier for corporates to report on ESG by leveraging ESGpedia, a registry of related data and certification, developed in partnership with MAS.
The new USD and CNH-denominated funds will be used to refinance maturing loans and for general corporate purposes, as the company looks to create a liquidity buffer for potential price volatility.
80% of Singapore CEOs predict that a recession will impact their anticipated earnings by up to 10%, according to recent research by KPMG. But recent efforts in digital transformation will enable them to weather the ...