TNGlobal Staff

DPS Resources, Xinfengwei to explore $1.1B AGI data center infrastructure projects in Malaysia

Malaysia-based DPS Resources Bhd said Wednesday its wholly owned unit has signed a memorandum of understanding (MoU) with a China-based firm affiliated with Alibaba Group Holding Limited to explore the development of $1.1 billion artificial general intelligence (AGI) data center infrastructure in Melaka, Malaysia.

Singapore, Philippines ink carbon credits pact under Paris Agreement

Singapore and Philippines have signed a legally binding agreement to collaborate on carbon credit projects under Article 6 of the Paris Agreement, marking the Philippines’ first such deal, officials said on Thursday.

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.