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…