News

UOB Kay Hian expects Malaysia’s total solar PV capacity to exceed 6.5GW over 2026 to 2029

UOB Kay Hian expects total solar photovoltaic (PV) capacity in Malaysia to exceed 6.5GW over 2026 to 2029 as the government calls for tenders for the Large-scale Solar (LSS) 6 bidding program and the rollout of corporate renewable energy supply scheme (CRESS) projects.

Singapore sports intelligence startup Aiko raises $1.5M pre-seed

Singapore-based sports intelligence startup Aiko has raised $1.5 million in a pre-seed funding round from private investors as it seeks to expand its real-time data platform for broadcasters and interactive entertainment companies, the firm said on Wednesday.

Singapore’s KAST raises $80M in Series A funding round co-led by QED Investors, Left Lane Capital

KAST, a Singapore-based stablecoin fintech firm, has raised $80 million in a Series A funding round co-led by QED Investors and Left Lane Capital.

Temasek-backed Rhoda AI raises $450M Series A funding to accelerate robotics development

Temasek-backed robotics firm Rhoda AI has raised $450 million in Series A funding to accelerate robotics development and industrial deployment.

CTDC, BGMC and reNIKOLA form green energy alliance for renewable power

Computility Technology (Malaysia) Sdn Bhd (CTDC), BGMC Energy Holdings Sdn Bhd (BGMC), and reNIKOLA have signed a strategic term sheet on Tuesday for a large-scale, long-term green energy supply program, marking a major leap forward for Malaysia’s sustainable infrastructure.

Singapore’s data center firm PDG targets $5B debt raise

Princeton Digital Group (PDG), a Singapore-based data center operator, announced Wednesday a plan to raise up to $5 billion in debt financing this year to fund its contracted capacity across the region.

Google launches financial services verification in Malaysia to combat scams

To further protect Malaysians against financial scams, Google introduced new certification requirements for financial services advertisers targeting Malaysia.

AirTrunk secures $1.24B green loan for hyperscale data center campus in Tokyo

AirTrunk, Asia Pacific-based hyperscale data center operator, has secured a JP¥191.6 billion ($1.24 billion) green loan to support the refinancing and continued development of its TOK1 hyperscale data center campus in East Tokyo.

DayOne partners Cortical Labs to develop Singapore’s first biological data center

DayOne, a Singapore-headquartered data center developer and operator and Cortical Labs, a biological computing startup in Melbourne, announced Tuesday a partnership to build Singapore’s first major Biological Data Center, a first of its kind outside Australia.

Vietnam to support up to $570K for “unprecedented” digitalization project

Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.