TNGlobal Staff
Singapore conducts study on feasibility of deploying geothermal energy systems
The Energy Market Authority (EMA) has issued a request for proposal (RFP) on Tuesday for a comprehensive study to assess the feasibility of deploying geothermal energy systems in Singapore.
Bukalapak’s revenue surges 63 percent year on year in first quarter
Indonesia's all-commerce firm PT BUKALAPAK.COM Tbk (Bukalapak) has recorded revenue of IDR 2.37 trillion ($136.78 million) in the first quarter this year, representing an increase of approximately 63 percent compared to IDR 1.46 trillion in the same period last year.
Thailand-based Cube raises $3.7M Series A funding led by Betatron Venture
Cube, a Thailand-based market data platform, announced Tuesday that it has raised a $3.7 million Series A led by Betatron Venture Partners, with continued participation from M Venture Partners and strategic angels.
Khazanah partners SC for Malaysia’s first tokenized sukuk pilot
Khazanah Nasional Berhad, in collaboration with the Securities Commission Malaysia (SC), has successfully priced Malaysia’s first tokenized sukuk with a nominal value of MYR 100 million (25.31 million), marking an important step in the application of digital technologies to support the future development of Malaysia’s domestic capital market.
Renewables lead Malaysia energy transition as solar sector eyes recovery on policy catalysts – analysts
Malaysia’s renewable energy sector is poised for a renewed growth cycle despite near-term weakness in solar pricing, supported by upcoming large-scale projects and evolving policy frameworks, according to analysts.
GXS Bank partners Funding Societies to provide financing to SMEs in Singapore
GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.
Malaysia emerges as data center safe haven as geopolitical risks reshape global investment flows – RHB
Rising geopolitical tensions and energy market volatility are beginning to reshape global data center (DC) investment patterns, with Southeast Asia including Malaysia emerging as a key beneficiary of a potential shift away from higher-risk regions, RHB Investment Bank said Tuesday.
Singapore’s SUNRATE gets approval for full-scale operations in Malaysia
SUNRATE, the global payment and treasury management platform based in Singapore, announced Tuesday that it has been granted a license by the Malaysian Central Bank, marking a key milestone in the company’s continued expansion.
MDEC to Strengthen AI, 5G push via ecosystem collaboration
Malaysia Digital Economy Corporation (MDEC) said Monday it will continue strengthening its artificial intelligence (AI) and 5G push through ecosystem collaboration and a joint innovation-to-commercialization pipeline built around real-world challenge statements, sandbox environments, cloud resources, access to devices and internet of things (IoT) tools,…
Penang launches ATE Campus as next engine of Malaysia’s industrial transformation
The Penang State Government has on last Friday officially launched the Penang Automation, Test and Equipment (ATE) Campus, a strategic initiative aimed at positioning the ATE sector as the next engine for Malaysia’s industrial transformation.
