TNGlobal Staff

Singapore’s AngelCentral backs US biotech firm Rybodyn

Singapore-based investor AngelCentral announced Wednesday its first successful BioTech syndicate by its members to invest in RyboDyn Inc., a US biotechnology company pioneering the development of immunotherapies targeting the dark genome.

Malaysia unveils smart manufacturing funding for SMEs

The Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) have on Tuesday announced a new strategic scheme to facilitate greater access to capital and support the business growth of small and medium enterprises (SMEs) and mid-tier companies (MTCs) in strategic sectors.

Uber’s potential ASEAN return via Foodpanda deal could reshape regional competition – Maybank

Uber’s proposed $15 billion acquisition of Delivery Hero could mark the ride-hailing giant’s return to Southeast Asia eight years after exiting the region, potentially reshaping competition across ASEAN’s on-demand services market, Maybank Investment Bank Research said Monday.

SGX lists Grab, Sea and SpaceX SDRs from Wednesday

SGX Stock Exchange is expanding its Singapore Depository Receipts (SDR) suite with the introduction of three US-listed counters - Grab (SGX: UGBD), Sea (SGX: UGGD), and SpaceX (SGX: UXSD).

Singapore collaborates with IBM to explore quantum computing for mission planning, logistics optimization

The Singapore Armed Forces’ (SAF) Digital and Intelligence Service (DIS) and Defense Science and Technology Agency (DSTA) have partnered IBM to explore the use of quantum computing for complex mission planning, such as logistics optimization use cases.

Malaysians are among the most digitally engaged consumers surveyed globally – IDEMIA

New IPSOS BVA global study showed Monday that Malaysians are among the most digitally engaged consumers surveyed globally, even as 87 percent of them express concerns around digital fraud.

Analysts view LSS6 a significant positive for Malaysia’s renewable energy ecosystem

Analysts view the sixth phase of the Large Scale Solar program (LSS6) as a significant positive for Malaysia’s renewable-energy ecosystem, which is now shifting towards hybrid solar-plus-storage projects.

KWAP seeks recovery of $40M eFishery investment

Malaysia's public pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] said it is pursuing all available avenues to recover its MYR 163.4 million ($39.97 million) investment in Indonesian aquaculture startup eFishery after the company became embroiled in a financial fraud scandal that led to the imprisonment of its former chief executive.

Maybank foresees visible growth ahead for Singapore’s JustCo

Maybank Investment Bank has foreseen visible growth ahead for Singapore's co-working space player JustCo, underpinned by a visible expansion pipeline and improving operational efficiency.

Singapore strengthens privacy tools for AI adoption

Singapore has on Monday launched a new guide on federated learning to help businesses adopt privacy-enhancing technologies (PETs) for artificial intelligence (AI) development, as organizations seek ways to unlock the value of data while strengthening protection of personal information.