TNGlobal Staff

Malaysia’s approved investments up 11.7 percent, underpinned by data center and cloud projects

Malaysia's approved investments grew 11.7 percent year on year to MYR 218.5 billion ($54.27 billion), underpinned by data center and cloud projects, official data showed on Friday.

Japanese AI firm ABEJA establishes a subsidiary in Singapore to drive global expansion

Japanese artificial intelligence (AI) firm ABEJA, Inc., announced Wednesday that it will establish a wholly-owned subsidiary in Singapore to accelerate its global expansion.

Singapore fintech investment moderates in first half as capital concentrates in fewer, larger deal – KPMG

Singapore's fintech sector drew over $499 million in investment across 53 deals in the first half of 2026, drop from the roughly $1.45 billion across 97 deals recorded a year ago, according to KPMG's Pulse of Fintech H1'2026 report revealed on Thursday.

Singapore’s capacity constraints steer data center growth to Malaysia – Fitch

Singapore’s capacity constraints is expected to steer data center growth to Malaysia, Fitch Ratings said on Wednesday.

1982 Ventures backs US AI video platform Higgsfield’s $400M Series B at $5.4B valuation

Singapore-based venture capital firm 1982 Ventures has participated in US artificial intelligence (AI) video and image creation platform Higgsfield's $400 million Series B at $5.4 billion valuation.

Singapore’s Groundup.ai wins $3M PUB tender to bring AI Cognitive Maintenance to national water infrastructure

Groundup.ai, the Singapore-based industrial machine intelligence company, has been awarded a tender by Public Utilities Board (PUB), Singapore's National Water Agency, to implement and maintain a Predictive Maintenance and Reliability System for the water utility's critical assets.

U‍S blockchain firm TRM Labs appoints MAS veteran Ziqing Ang as Head of Policy, APAC

TRM Labs, the United States-based blockchain intelligence services firm, has appointed Monetary Authority of Singapore (MAS) veteran Ziqing Ang as Head of Policy, Asia Pacific (APAC).

Singapore’s Aura launches private equity evergreen fund

Singapore-based financial services firm Aura Group has launched the Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges that have historically restricted private equity allocation in advised portfolios.

Southeast Asia’s data centers gather pace with 85 percent of equity raised since 2024 – Tracxn

Southeast Asia’s data center companies have raised about $11.5 billion in disclosed equity funding across 19 rounds and roughly 85 percent of that capital has arrived since the start of 2024, the period in which artificial intelligence (AI) demand reshaped the region’s infrastructure requirements, Tracxn said on Friday.

OSK Ventures partners Affin Hwang Investment to launch venture debt fund

OSK Ventures International Berhad (OSKVI) and Affin Hwang Investment Bank Berhad have on Thursday announced the launch of Pothos Fund I via Pothos GP Sdn Bhd, marking the introduction of their first venture debt fund for investors.