Vertex Ventures China closes fifth flagship fund at $390m: Report
Vertex China has backed Chinese deep tech firms like chip developer Horizon Robotics and automotive chip maker SemiDrive Technology.
Source: dealstreetasia.com
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Venture Capitalists Are Betting on a Part of China's Chip Industry Safe From U.S. Bans
China is so far behind the U.S. in semiconductor technology that some investors are betting on startups to fill that gap.
Source: nbcconnecticut.com
Pan-United forms partnership for hydrogen truck fleet
Pan-United Concrete, a subsidiary of Pan-United Corp Ltd, and Surbana Jurong Pte Ltd, one of the largest Asia-based global urban, infrastructure, and ...
Source: cemnet.com
Pan-United and Surbana Jurong partner to decarbonise trucking fleet
As part of the partnership, Surbana Jurong will study and evaluate the potential of decarbonising Pan-United’s fleet of concrete mixer trucks and tipper trucks that currently operate on diesel.
Source: worldcement.com
Cambodia to get completely new coast city for $16 billion
Rendering of the new "Ream City" in southwestern Cambodia Developers of a completely new coastal city to be built from scratch in Cambodia’s southwestern Preah Sihanouk province have approved the sustainable development masterplan for what would become “Ream City” between Sihanoukville and Kampot and just adjacent of Vietnam’s resort island of Phu Quoc. The city, being developed on 834 hectares at an investment of $16 billion, has been an initiative by Canopy Sands Development, a unit of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates. It will al...
Source: investvine.com