TNGlobal Staff
FCC Philippines signs long-term solar deal with Peak Energy
FCC (Philippines) Corp., a subsidiary of Japan's FCC CO., LTD. has signed a long-term solar agreement with Singapore-based renewable assets operator Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.
Malaysia’s Batik Air teams up with China’s YeePay on travel payments
Malaysia-based budget airline Batik Air and YeePay, one of China's payment service providers, have signed a strategic Memorandum of Understanding (MOU) to strengthen connectivity between China and Malaysia through integrated digital payment and air ticket distribution solutions.
Southeast Asia’s shift to digital payments accelerates as merchant searches jump – PayMongo
As digital commerce matures in Southeast Asia, the region's shift to digital payments is accelerating as merchant searches jump, according to a PayMongo’s analysis of five years of Google Trends data across six markets: Singapore, the Philippines, Indonesia, Malaysia, Thailand, and Vietnam.
Singapore to retain top Southeast Asia data center status despite capacity constraints – BMI
Singapore is expected to retain its position as Southeast Asia's premier data center hub despite mounting power and land constraints, but stricter sustainability requirements will continue to limit new capacity and push more investment into neighboring Malaysia and Indonesia, BMI Country Risk and Industry Research said in its recent report.
Singapore Central Bank’s Chief sees sustainability of AI investment boom a key risk for financial market
The Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun said Tuesday that he sees the sustainability of the artificial intelligence (AI) investment boom as one major uncertainty for financial markets and financial stability.
AutomationSG launches TIA-Ready framework for trusted industrial artificial intelligence
AutomationSG, a professional trade association in Singapore representing companies and professionals in the automation, internet-of-things (IoT), and robotics sectors, has on Wednesday launched the Trusted Industrial AI Ready (TIA-Ready) Framework.
Singapore establishes taskforce to strengthen cyber and technology resilience against AI-driven threats
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Tuesday the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience in response to the emerging risks posed by frontier artificial intelligence (AI) models.…
Malaysia’s Sime Darby Property sets up $640M green Sukuk program for data centers
Malaysia-based Sime Darby Property NEV (Holdings) Sdn. Bhd, a member of Sime Darby Property Berhad’s New Economy Venture (NEV) platform, has established a Sukuk Program of up to MYR 2.60 billion ($640 million) to finance the development of build-to-suit-to-lease data centers, and industrial and logistics assets.
Singapore crypto payments firm Triple-A says own digital assets hit by unauthorized access
Singapore-based digital payments firm Triple-A said on Monday that it had detected unauthorized access to wallets containing the company's own digital assets, but stressed that customer funds were not affected and all services had returned to normal.
Singapore’s Psalion launches $50M fund for next wave of blockchain adoption
Singapore digital asset firm Psalion announced Monday the launch of its third and largest venture fund to date, a $50 million vehicle aimed at the next wave of blockchain adoption.
