Author: TechNode Global Staff

Australia’s AirTrunk to invest $3B to develop two new data centers in Malaysia

AirTrunk, the Australia-based hyperscale data center platform, has announced plans to invest MYR 12 billion ($3 billion) to develop two new data centers in Malaysia, to be called JHB3 and JHB4.

Singapore’s FORMAS.AI raises $3.98M in pre-seed round led by Vertex Ventures Southeast Asia & India

FORMAS.AI, the Singapore-based artificial intelligence (AI) design platform, has raised $3.98 million in an oversubscribed pre-seed funding round, led by Vertex Ventures Southeast Asia & India.

Malaysia’s Tune Talk expands into e-commerce

Malaysia's mobile service firm Tune Talk has on Tuesday launched Tune Talk Shop, an in-app e-commerce platform powered by Presto.

Nokia, Blaize, Datacomm Diangraha team up to deliver hybrid AI inference across Southeast Asia

Blaize Holdings,a global artificial intelligence (AI) computing firm, has announced a three-way strategic collaboration with Nokia and PT Datacomm Diangraha to accelerate the deployment of hybrid AI inference infrastructure across Indonesia and the wider Asia-Pacific (APAC) region.

Singapore skyline SGX SPAC

Singapore conducts study on feasibility of deploying geothermal energy systems

The Energy Market Authority (EMA) has issued a request for proposal (RFP) on Tuesday for a comprehensive study to assess the feasibility of deploying geothermal energy systems in Singapore.

Bukalapak’s revenue surges 63 percent year on year in first quarter

Indonesia's all-commerce firm PT BUKALAPAK.COM Tbk (Bukalapak) has recorded revenue of IDR 2.37 trillion ($136.78 million) in the first quarter this year, representing an increase of approximately 63 percent compared to IDR 1.46 trillion in the same period last year.

Thailand-based Cube raises $3.7M Series A funding led by Betatron Venture

Cube, a Thailand-based market data platform, announced Tuesday that it has raised a $3.7 million Series A led by Betatron Venture Partners, with continued participation from M Venture Partners and strategic angels.

Khazanah partners SC for Malaysia’s first tokenized sukuk pilot

Khazanah Nasional Berhad, in collaboration with the Securities Commission Malaysia (SC), has successfully priced Malaysia’s first tokenized sukuk with a nominal value of MYR 100 million (25.31 million), marking an important step in the application of digital technologies to support the future development of Malaysia’s domestic capital market.

Renewables lead Malaysia energy transition as solar sector eyes recovery on policy catalysts – analysts

Malaysia’s renewable energy sector is poised for a renewed growth cycle despite near-term weakness in solar pricing, supported by upcoming large-scale projects and evolving policy frameworks, according to analysts.

GXS Bank partners Funding Societies to provide financing to SMEs in Singapore

GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.