Amazon unveils new Singapore office as AWS Asia Pacific Hub

American multinational technology company Amazon has continued to expand its presence in Singapore with a new corporate office at IOI Central Boulevard.

ADI invests $8M in AC Ventures’ Climate and Sustainability Fund

Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a $8 million anchor commitment to Indonesian venture capital firm AC Ventures’…

MAS and ABS to establish new payments entity to position national payment schemes for next stage of growth

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced that a new entity will be set up to consolidate the…

Klook secures $100M in funding led by Vitruvian Partners

Klook, a Hong Kong-based platform for experiences and travel services, has on Tuesday announced $100 million in funding led by the global growth investment firm Vitruvian…

Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia

Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered…

AirTrunk plans to develop its second cloud and AI-ready data center in Malaysia

Asia Pacific and Japan (APJ) hyperscale data center specialist AirTrunk has announced plans to develop its second cloud and artificial intelligence (AI)-ready data center in…

Maybank : concern raised as Temu may turn aggressive in ASEAN amid US challenges

Maybank Investment Bank said Wednesday that the elimination of de minimis exemption by the United States has raised concerns among investors that Chinese e-commerce firm Temu may…

Animoca Brands leads Hivello funding round ahead of token listing

Hivello, a DePIN aggregator that enables users to earn by monetizing idle computer resources across multiple decentralized networks, has announced that Animoca Brands, the…

Atome Financial grows credit facility to $80M with BlackRock Private Credit, InnoVen Capital funding

Atome Financial, a Singapore-based digital financial technology platform and part of Advance Intelligence Group, has secured funding from BlackRock Private Credit, InnoVen…

a bunch of blue wires connected to each other

Southeast Asian organizations are taking a hit from frequent, expensive outages. Here’s how to minimize the impact

Organizations that have begun to embrace the opportunities of SEA’s digital economy increasingly recognize that observability is not just a technical practice, but a strategic…

StraitsX partners with RedotPay and Visa to advance digital asset payments

StraitsX, a Singapore-based digital asset infrastructure provider, has partnered with Hong Kong-based cryptocurrency payment firm RedotPay and global payment firm Visa to advance…

Maharlika, CP Group to launch $1B private equity fund for agri-food, digital, and green energy in the Philippines

The Philippines’ sovereign wealth fund Maharlika Investment Corporation (MIC) and Thai conglomerate Charoen Pokphand Group Co., Ltd. (CP Group) are launching $1 billion private…

Life Science Incubator unveils Singapore’s largest co-working laboratory at Elementum

Life Science Incubator (LSI) has officially launched the largest co-working laboratory in Singapore at Elementum, located in JTC’s one-north business park.