TNGlobal Staff
Malaysia tech seen entering earnings-driven upcycle despite pullback risks – analysts
Malaysia's technology sector is entering an earnings-driven upcycle as improving order books, rising book-to-bill ratios and sustained global spending on artificial intelligence infrastructure support growth prospects, analysts said, although they cautioned that the sector could face increased volatility after a strong rally this year.
Temasek leads UK AI firm PhysicsX $300M Series C funding
PhysicsX, the physics artificial intelligence (AI) company for industrials, has on Monday announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion.
Singapore’s Silicon Box secures $78M financing to accelerate growth in advanced packaging
Silicon Box, a Singapore-based advanced semiconductor panel-level packaging and chiplet integration firm, has on Monday announced that it has secured S$100 million ($77.65 million) in debt financing from leading institutional investors – funds managed by Ares Management Corporation (Ares), InnoVen Capital, January Capital Growth Credit (January Capital),…
Sea stands out as AI transforms ASEAN digital economy – Maybank
Artificial intelligence (AI) is reshaping how value is created across Southeast Asia's internet sector, shifting the focus from cost savings to platform capabilities such as fulfilment, payments and consumer trust, with Sea Ltd seen as one of the key beneficiaries of the trend, Maybank Investment Bank said Monday.
Singtel Group partners Digital Industry Singapore to accelerate AI transformation
The Singtel Group has announced a strategic partnership with Digital Industry Singapore (DISG) to accelerate a multi-year AI transformation program across its businesses and strengthen its capabilities in artificial intelligence (AI)-enabled operations, digital infrastructure, customer platforms and workforce development.
DBS enables remittances to Weixin Pay wallets in China via digibank
Singapore's DBS Bank has enabled customers in Singapore to transfer funds directly to Weixin Pay digital RMB wallets in China through its DBS Remit service, expanding cross-border payment options amid growing travel and financial flows between the two countries.
Trransfer Technologies, LINE GO partner to expand enterprise ground transportation across Taiwan, global markets
Trransfer Technologies, a Singapore-based business to business (B2B) ground transportation platform, has on Monday announced the official launch of its strategic partnership with LINE GO, Taiwan's premier mobility as a service (MaaS) ecosystem platform.
Digital Realty launches Malaysia operations to advance Southeast Asia’s digital connectivity
Digital Realty, the United States-based cloud and carrier-neutral data center platform, announced Monday the establishment of its Malaysia platform, marking a key milestone in its Asia Pacific expansion.
Moomoo Singapore announces Jeyson Ng as Chief Executive Officer
Fintech firm Moomoo Singapore has on Friday announced the official appointment of Jeyson Ng as Chief Executive Officer.
IFC commits $10M Highland Central Asia Fund II to boost private equity and SME financing in Central Asia
The International Finance Corporation (IFC) is investing up to $10 million in Highland Central Asia Fund II to increase small and medium-sized enterprise (SME) funding in Uzbekistan and the Kyrgyz Republic.
