TNGlobal Staff

Maybank Investment Bank said Monday that it sees Singapore's largest mobile network operator a communications technology group Singtel as a long-term beneficiary of Physical AI in ASEAN, while its data centers, GPU-as-a-Service (GPUaaS) offering and connectivity assets position it well to capture near-term growth from digital artificial intelligence (AI).

ASEAN+3 Macroeconomic Research Office (AMRO) said Monday it is projecting the ASEAN+3 region to grow by 4.1 percent in 2026, up from its June forecast of 4 percent, reflects sustained momentum in the region’s technology sector, particularly robust demand for semiconductors and other artificial intelligence (AI)-related products.

PT Danantara Asset Management (DAM) has officially signed a share purchase agreement (SPA) for shares in PT Mandiri Manajemen Investasi (MMI), PT BRI Manajemen Investasi (BRI MI), PT BNI Asset Management (BNI AM), and PT PNM Investment Management (PNM IM) on Wednesday.

Singapore sovereign wealth fund GIC portfolio achieved an annualized USD nominal rate of return of 5.6 percent over the 20-year period that ended on March 31, 2026.

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) signed a Memorandum of Understanding (MoU) on cybersecurity cooperation and digital fraud protection.

ADM Capital announced Wednesday the final close of the ADM Capital Asia Climate-smart Landscapes Fund LP (ACLF) at $48 million, marking an important milestone for ADM Capital’s first impact fund dedicated to climate-smart land-use financing in Indonesia.

The Agency for Science, Technology and Research (A*STAR), Singapore’s lead public sector research and development (R&D) agency, and CuspAI, the United Kingdom-based artificial intelligence (AI) materials science company, have announced a five-year, multi-program partnership.

Novo Tellus, a Singapore-based investment firm focused exclusively on industrial and technology companies, announced Wednesday the closing of a significant investment in Russell Mineral Equipment (RME), a mill relining systems and aftermarket services firm for the mining and mineral processing industries.

Tikva Allocell Pte. Ltd. (Tikva), a Singapore-based biotechnology company, has on Wednesday announced the closing of an $8 million Series A financing led by Kantharos Capital.

The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) have on Thursday signed a memorandum of understanding (MoU) on the mutual recognition and cross listing of covered funds, particularly exchange-traded funds (ETFs) and real estate investment trusts (REITs).