TNGlobal Staff
AI may affect nearly 80 million workers in the ASEAN region – ILO
A new study by the International Labor Organization (ILO) reveals that generative artificial intelligence (GenAI) is set to touch the working lives of nearly 80 million people across the Association of Southeast Asian Nations (ASEAN).
Malaysia’s PolicyStreet raises additional $5M investment from BlueOrchard
PolicyStreet, a Malaysia-based insurtech company, announced Tuesday an additional $5 million investment from BlueOrchard, a global impact investment manager and member of the Schroders Group, through its InsuResilience Investment strategy.
Southeast Asia raises more than $3.07B via IPOs in first half – Deloitte
Southeast Asia saw 47 initial public offerings (IPOs) across the region, raising more than $3.07 billion in proceeds and achieving an aggregate IPO market capitalization of $15.07 billion, Deloitte said last Friday.
Keppel secures final Bifrost fiber pair deal worth $1.3B
Singapore-based Keppel Ltd., through its connectivity division, has signed an indefeasible right of use (IRU) agreement with a global leading hyperscaler for the final remaining fiber pair on the Bifrost Cable System (Bifrost).
Volt partners SETSCO to launch city state’s largest public electric bus charging hub at Jalan Papan
Volt Singapore Pte Ltd (Volt), the electric vehicle (EV) charging arm of Keppel Ltd. (Keppel)’s Infrastructure Division, and Setsco Services Pte Ltd (SETSCO), a wholly owned subsidiary of VICOM Ltd (VICOM) have launched the city state’s largest public electric bus charging hub at Jalan Papan.
Danantara selects partners for eight waste-to-energy projects
Indonesia state-owned PT Danantara Investment Management (DIM), together with PT Daya Energi Bersih Nusantara (Denera), have designated the selected partners in the selection process for business partners to develop and operate Batch II of Indonesia’s Waste-to-Energy (WtE) or Pengolahan Sampah Menjadi Energi Listrik (PSEL) projects.
Maybank expects demand from AI-related fields to remain strong in Singapore
Maybank Investment Bank expects demand from artificial intelligence (AI)-related fields to remain strong and should be the key growth driver of the semi-con sector in Singapore.
Gentari powers KLIA2 retail and lifestyle hub with solar energy
Malaysia-based clean energy solutions provider Gentari, through Gentari Renewables Sdn Bhd, has successfully deployed a 3.1 megawatt-peak (MWp) solar photovoltaic (PV) system at Kuala Lumpur International Airport 2 (KLIA2).
Malaysian banks move beyond AI trials, but gaps remain – AICB
44 percent of Malaysian banks and development financial institutions (DFIs) are in the developing stage of artificial intelligence (AI) readiness, having moved beyond experimentation but still facing fragmented capabilities across data, skills and operating models, a survey by Asian Institute of Chartered Bankers (AICB) showed last Thursday.
Seviora, Churchill close $400M Collateralized Fund Obligation combining Asian and U.S. private capital strategies
Seviora Holdings Pte. Ltd., Temasek's main asset management platform, and Churchill Asset Management LLC, the U.S. asset management company of Nuveen Private Capital, have announced the closing of an approximately $400 million Collateralized Fund Obligation (CFO).
