News
Temasek’s Xora Innovation leads NeuBird AI’s $19.3M funding
NeuBird AI, the US-based agentic artificial intelligence (AI) for production operations, has announced $19.3 million in an oversubscribed funding round led by new investor Xora Innovation, a Singapore-based deep tech venture capital firm backed by Temasek Holdings.
Malaysia-based Gobi Partners invests in payment firm Transak to support digital asset payment
Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, has announced an unspecified investment in Transak, a company focused on enabling compliant transactions between traditional currencies and digital assets.
ASEAN carbon markets gain traction as climate risks intensify
ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by RHB Investment Bank revealed on Wednesday.
Singapore healthtech startup injewelme raises $1.2m to advance AI monitoring technology
Catalytic Capital for Climate and Health (C3H), a catalytic investment vehicle of Temasek Trust, has led a US$1.2 million funding round in Singapore-based AI healthtech startup injewelme, C3H said in a press release on Wednesday.
Amkor Technology urges Vietnam to prioritize LPG supply for semiconductor factory
The United States-headquarter semiconductor packaging & test services provider Amkor Technology urged Vietnam's northern province of Bac Ninh, home to its factory in Vietnam, to prioritize Liquefied Petroleum Gas (LPG) for semiconductor factory in case of energy shortage, if any.
KBank, StraitX, Grab team up to expand Q Wallet to enable Thailand–Singapore cross-border payments
Thailand's KASIKORNBANK (KBank) has teamed up with Singapore's StraitsX and Grab to expand Q Wallet to enable Thailand–Singapore cross-border payments.
Singapore AI startup OnSite raises $1.3M to solve construction inefficiencies
OnSite, a Singapore-based startup developing an AI-powered communication platform for the construction and facilities management industry, has raised S$1.7 million ($1.3 million) in a seed funding round.
Agentic commerce spending can reach $1.5 trillion by 2030, study finds
A new study by the UK-based Juniper Research projects that spending on agentic commerce will reach $1.5 trillion by 2030, rising from early pilot deployments expected in 2025 and 2026.
Oiltek partners BioSeaga to build $350M Sustainable Aviation Fuel production facility in Malaysia
Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.
Standard Chartered launches its first Global Fusion Center in Malaysia
Global bank Standard Chartered has on Monday launched its first Global Fusion Center in Malaysia, reinforcing the country’s status as a strong talent ecosystem and a key strategic technology hub for the group.
