Korea’s KIRA, LG Sinar Mas, Indonesia’s SM+ Data Centers open 21 MW data center in Jakarta
South Korea's Korea Investment Real Asset Management (KIRA), LG Sinar Mas, and Indonesia's SM+ Data Centers have announced that SMX01, a 21-MW AI-ready data center in Jakarta, has…
Malaysia’s Hong Leong Bank adds Alipay+ to payments ecosystem
Malaysia's lender Hong Leong Bank (HLB) is expanding its cross-border payment ecosystem by integrating Alipay+ through Payments Network Malaysia (PayNet), establishing an…
Singapore’s HugoHub makes first live bank deployment in Pakistan
HugoHub, a Singapore-based financial infrastructure platform, has secured its first live deployment with a regulated bank, as Pakistan’s digital retail bank HugoBank opened its…
EV supply chains dominate APAC automotive investment as focus shifts to components
Investment in Asia-Pacific's automotive manufacturing sector is increasingly shifting towards electric vehicle (EV) supply chains, battery technologies and component production,…
China-Laos digital payment link offers new model for cross-border transactions: AMRO
The launch of a cross-border digital payment link between China and Laos marks an important step in regional financial integration, demonstrating how central bank digital…
Google to invest $160M in shared water infrastructure in Negeri Sembilan for data center
Google has committed $160 million to new shared water infrastructure in Negeri Sembilan, Malaysia, in order to support local needs and its planned data center there.
Singapore manufacturers remain optimistic amid sustained strength in global AI-related demand – EDB
While geopolitical developments continue to cloud the global economic outlook, business sentiments in the manufacturing sector remain optimistic, amid sustained strength in global…
AI marketing platform Profound establishes Singapore as Asia Pacific headquarters
Profound, the artificial intelligence (AI) marketing platform, announced Monday the establishment of Singapore as its Asia Pacific headquarters.
Taiwan’s LITE-ON to invest $320M more in Vietnam for capacity expansion
Taiwan’s electronic giant Lite-On (Liteon) will invest $110 million and $210 million more in two wholly owned Vietnamese subsidiaries, a total of $320 million, according to…
Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil
10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.
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