Singtel secures $476M green loan for DC Tuas data center project
Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in…
Malaysia’s Proton begins construction of new EV plant in Tanjung Malim
Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction…
Using Gen AI in healthcare puts lives on the line – here’s how to mitigate this
The future of healthcare depends on our ability to harness the power of data to improve patient outcomes. Scalable, secure, and flexible #data ecosystems are the key to unlocking…
China’s great leap forward from assembly lines to algorithms
A more nuanced perspective reveals China’s transition from an export-driven, investment-heavy model to one centered on domestic consumption and technological innovation. Far from…
Maybank foresees positive synergy from potential Grab-Gojek merger
Maybank Investment Bank said Thursday that the potential merger deal between Grab and Gojek could lead to annual synergies of $106 million to $209 million and as such would be…
Singapore’s Syfe offers to acquire ASX-listed investment platform Selfwealth for $41M
Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for…
Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined…
Endeavor Malaysia appoints Shan Li Tay as new Managing Director
Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.
Coastal Sustainability Alliance launches Singapore’s largest electric supply boat
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat…
Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0
The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google…
Accelerating new drug development with AI in APAC
Clinical trials and the process of new drug development generate some of the highest-quality data in the world. The use of #AI in these represents a transformative shift that…
CVC Funds agree sale of OANDA to FTMO
CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).
Clime Capital invests in smart energy management solution provider Ampotech
Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy…
Innovation in alternative credit data & AI credit scoring is a double-edged sword for borrowers
Dynamic pricing has been a controversial practice as it raises ethical questions about fairness and transparency.
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