News

Singapore's Energy Market Authority (EMA) has granted conditional approvals to two companies to import a combined 900 MW of electricity from Peninsular Malaysia to Singapore, generated from solar and battery energy storage systems (BESS) in Malaysia's Johor.

Singapore's Competition and Consumer Commission (CCS) has given its nods to Texas Instruments' proposed $7.5 billion acquisition of fellow US chipmaker Silicon Laboratories, finding that the deal poses no substantial lessening of competition in Singapore or globally.

Singapore investment firm GIC, Anthropic, Macquarie Asset Management have on Tuesday announced a strategic partnership to establish Theseus Infrastructure, a new platform to develop, operate and lease data center infrastructure at scale to Anthropic under long-term agreements.

Around one in five employees in ASEAN lose more than seven hours a week moving information and reconciling data between disconnected systems, even as 86 percent say AI has improved their day-to-day work experience.

Singapore firms adopting artificial intelligence (AI) are seeing increases in revenue and employment, although the technology has yet to deliver statistically significant gains in productivity or profits within four years of adoption, a new study found on Tuesday.

The National University of Singapore (NUS) and OpenAI will expand their strategic collaboration to give every NUS student, faculty member, and staff access to ChatGPT Edu and Codex, including enterprise-level security and controls.

Merck, a global science and technology company, is expanding its Singapore lab to further strengthen analytical and biosafety testing services for customers across the Asia Pacific region.

VinSpace, a member of Vietnam's conglomerate Vingroup ecosystem, has signed a launch contract with the United States-based SpaceX to carry its satellites aboard a Transporter rideshare mission in 2027.

Vietnam recorded over $1 billion in M&A deals in June alone, yet technology barely featured, with three deals worth a combined $0.6 million—less than 1 percent of the total. The stark disparity highlighted how much room Vietnam’s tech sector still has to grow, despite the country’s strong push towards a digital future.

Taiwan’s semiconductor firm Powertech Technology will invest $400 million to secure a 30 percent equity stake in a joint venture with US semiconductor company Broadcom.