TNGlobal Staff
Singapore, Sweden deepen cooperation on clean energy technologies
Singapore and Sweden will deepen cooperation on clean energy technologies, including hydrogen, ammonia and high-voltage direct current (HVDC) systems, as both countries seek to advance the energy transition and strengthen regional electricity interconnectivity.
Thunes and Coinbase join forces to drive next generation global payments
Singapore payment firm Thunes and US cryptocurrency firm Coinbase announced Monday a strategic collaboration to drive the next generation of global payments.
Governance, accountability key to scaling AI-driven autonomous payments – UOB
The future of artificial intelligence (AI)-driven autonomous payments will depend less on advances in artificial intelligence (AI) than on how effectively financial institutions govern the technology, with clear accountability, security controls and interoperability needed to build trust, UOB Global Economics & Markets Research said in a recent report.
AI capex boom remains an important growth driver for APAC 2027 growth – BMI
The artificial intelligence (AI) investment cycle remains the key positive driver of Asia-Pacific growth in 2027, BMI Country Risk and Industry Research said on last Thursday.
Foxconn unit to buy 50 percent stake in Mitsubishi Electric Mobility for $730 million
Lin Yin International Investment Co Ltd, an investment management subsidiary of Foxconn, will acquire a 50 percent stake in Mitsubishi Electric Mobility Corp for JPY 115 billion ($727 million) as part of a strategic alliance to jointly operate the automotive equipment business.
Singapore’s Aolani plans up to 500MW of AI data center capacity in Malaysia
Aolani, a Singapore-founded neocloud artificial intelligence (AI) firm, announced Monday it has signed Letters of Intent to take up 500 megawatt (MW) of AI data center capacity in Malaysia.
More than three quarters of small business owners say AI makes them more productive – Meta
According to the findings, AI adoption is already broad, with 84 percent of surveyed small business owners currently using AI, 76 percent reporting a positive impact on productivity and 71 percent reporting a positive impact on revenue or sales over the past 12 months.
US-based Anthropic opens Singapore office, signs MOU with the Singapore government
US-based AI company Anthropic announced Wednesday it is expanding its Asia-Pacific operations by opening a new office in Singapore — its fifth in the region—and signed a Memorandum of Understanding (MOU) with the Singapore Ministry of Digital Development and Information.
Malaysia’s VentureTECH invest in Hanan Medicare & AgriData Portal
The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.
Malaysia’s Budget 2027 maintains gradual fiscal consolidation – Fitch Ratings
Malaysia’s 2027 budget maintains a gradual reduction in the fiscal deficit despite elevated subsidy and social-support spending, with a general election due by February 2028. The deficit target of 3.3 percent of GDP, from a slightly upward revised 3.6 percent in 2026, preserves the government’s medium-term consolidation path, Fitch Ratings said.
