Singapore’s WMCockpit secures $1M strategic investment from investor group led by Galaxy Investments
WMCockpit, the wealth technology company headquartered in Singapore with operations in the UAE (DIFC), announced Tuesday that it has raised $1 million capital from Galaxy…
Malaysia government to establish sovereign AI cloud to safeguard national capabilities – report
The Malaysia government will establish a sovereign AI cloud to ensure the country's national artificial intelligence (AI) capabilities are secure, sovereign and able to support…
VinFast inks deal with Castrol India to strengthen EV after sales service network
VinFast Auto India has signed a memorandum of understanding (MoU) with Castrol India Limited, a premium lubricant manufacturer, to provide reliable and accessible after-sales…
Singapore’s BlueRed Partners backs Gain’s $12M funding round
Singapore’s venture capital firm BlueRed Partners is backing deep-tech startup Gain’s $12 million round, fueling its launch of the first artificial intelligence (AI) employees for…
Indonesia suspends TikTok registration over data sharing failures, ministry says – report
Indonesia said it has suspended TikTok's registration status as an electronic system provider after it failed to hand over all data relating to the use of its live stream feature,…
The hard truths of putting Generative AI to work
The future of enterprise AI belongs not merely to the users, but to the builders — those who understand that the last mile of innovation is always the hardest, and that true…
Solarvest, Press Metal team up to deliver $90.14M solar farm in Sarawak
Malaysia's clean energy firm Solarvest Holdings Berhad has teamed up with aluminum producer Press Metal Berhad to deliver Sarawak's 100-megawatt solar farm with an estimated…
YY Group partners with Obita to strengthen global ecosystem with stablecoin payment infrastructure
YY Group Holding Limited, a Singapore-based workforce solutions and integrated facility management (IFM) platform provider, announced Wednesday that it has partnered with Obita,…
BYD’s consortium gets $6.31M contract for pilot deployment of autonomous buses on two public bus services in Singapore
The Land Transport Authority (LTA) in Singapore has awarded a contract to a consortium of MKX Technologies Pte Ltd, Zhidao Network Technology (Beijing) Co. Ltd and BYD (Singapore)…
Sriwijaya Capital, BlueFive Capital form strategic alliance to boost capital flow between Gulf and SEA
Sriwijaya Capital, an Indonesia-based private equity firm, has signed a memorandum of understanding (MoU) with Abu Dhabi-based BlueFive Capital, to form a strategic alliance aimed…
Singapore’s GIC leads US’s Temporal Technologies’ $105M funding
Temporal Technologies, the US-based creators of the open source Durable Execution platform Temporal.io and the enterprise-grade managed service Temporal Cloud, announced Wednesday…
Malaysia’s Edelteq secures strategic investment from KMP, forms semiconductor inspection venture
Malaysia's technology firm Edelteq has secured strategic investment from Kumpulan Modal Perdana Sdn. Bhd (KMP), a tech-focused venture capital firm wholly owned by the Malaysian…
Temasek’s ClavystBio backs UK biotech Cirrus Therapeutics’s $11M funding
Cirrus Therapeutics, an United Kingdom-based ocular immunology-focused biotech, announced Wednesday the close of an $11 million seed financing to advance its pipeline of gene and…
Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M
Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic…
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