Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia
Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund…
Ride-hailing service GSM, local dealers to deploy 18,497 EV in Philippines
GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and…
Law must evolve as AI outpaces legal systems – Singapore’s PM
Law and regulatory frameworks must continuously evolve to keep pace with rapid technological change, particularly artificial intelligence (AI), which is already challenging…
DBS partners CDL to launch $234M multi-currency sustainability-linked loan to advance nature-based urban development solutions in Singapore
Singaporean multinational real estate firm City Developments Limited (CDL) has secured a new S$300 million ($234 billion) multi-currency sustainability-linked loan (SLL) provided…
AI at core of Singapore’s new growth strategy as ESR outlines eight economic thrusts
Artificial intelligence (AI) is set to play a central role in Singapore’s next phase of economic transformation, as the Economic Strategy Review (ESR) Committees unveiled…
Singapore Management University unveils $10M fund for urban solutions and sustainability
Singapore Management University (SMU) has on Thursday announced the launch of the Urban SustaInnovator (USI) Fund, a $10 million investment program designed to support startups…
Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO
Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector…
Foxconn to invest $407M in Singapore subsidiary for long-term purpose
Taiwan-based Hon Hai Precision Industry, also known as Foxconn, is set to conduct a capital injection of $407.2 million to its subsidiary Foxconn Singapore Pte. Ltd,, through the…
How financial services can unlock the advantage of the agentic AI wake-up call
Himanshu Gupta, Senior Architect, Capital Markets, Solace, identifies five key business use cases where properly orchestrated AI agents are delivering impact and ROI for frontier…
Australia’s NEXTDC launches $720M data center in Malaysia
NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with…
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