News

Singapore’s Amperesand raises $80M Series A funding Co-led by Walden Catalyst Ventures and Temasek

Amperesand, a Singapore-based next-generation power infrastructure for artificial intelligence (AI) data centers and critical power applications, announced Wednesday the closing of an $80 million Series A funding round co-led by Walden Catalyst Ventures and Temasek.

Univers and Amcharge partner to drive AI-powered industrial optimization across Malaysia, Thailand

Univers, a global artificial intelligence (AI) and internet of things (IoT) platform firm, and Amcharge Sdn Bhd, a Malaysia-based renewable energy solutions provider, have signed a memorandum of understanding (MOU) to help industrial and commercial customers cut energy costs, integrate cleaner energy, and accelerate their Net Zero progress across Malaysia…

Nutanix, SBS Transit team up to drive operational modernization through hybrid multi cloud

Nutanix, a global hybrid multi cloud computing firm, announced Wednesday it has entered into a strategic memorandum of understanding (MOU) with SBS Transit Ltd, a Singapore’s public transport operator, to drive operational modernization and service excellence through hybrid multi cloud.

ASEAN cross-border QR payments reach 12.9 million transactions in first half – BNM’s governor

In the first half of 2025 alone, ASEAN cross-border QR payments surged, reaching 12.9 million transactions, Malaysian Central Bank's governor Abdul Rasheed Ghaffour said Wednesday.

Tencent Cloud, Ryde strengthen partnership with new Weixin/WeChat mini program launch in Singapore

Tencent Cloud, the cloud business of Chinese technology company Tencent, announced Tuesday the expansion of its strategic partnership with Ryde Group, a mobility and quick commerce technology firm in Singapore.

Ireland’s TransferMate gets MAS’s approval to provide payment services in Singapore

TransferMate, the Ireland-based business to business (B2B) payments infrastructure as a service (IaaS) firm, has on Tuesday announced that it has received approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers, and e-money issuance services in Singapore under its Major Payment Institution (MPI) license.

Thunes partners FAB to launch real-time cross-border, wallet payments across Middle East

Thunes, a Singapore-based payment firm, announced Tuesday that First Abu Dhabi Bank (FAB), the United Arab Emirates (UAE)’s Global bank, has chosen Thunes as its provider to enable global mobile wallet payouts through its Direct Global Network.

Google DeepMind opens new AI research lab in Singapore to advance AI in APAC

Google DeepMind is opening a new artificial intelligence (AI) research lab in Singapore with the goal of accelerating the adoption and real-world benefits of AI across the Asia-Pacific (APAC) region.

Princeton Digital breaks ground on $1B Greater Jakarta data center campus

Princeton Digital Group (PDG), the Singapore-based data center provider, has on Wednesday broken ground on its $1 billion, 120 MW artificial intelligence (AI)-ready hyperscale data center campus in Greenland International Industrial Center (GIIC), Bekasi Regency, Greater Jakarta.

NCT, Speedex team up to strengthen logistics capabilities at industrial park

NCT Group of Companies, through its subsidiary NCT Land Sdn Bhd, has signed a strategic memorandum of understanding (MoU) with Speedex Express Logistics (M) Sdn Bhd (Speedex) to deliver efficient and seamless logistics solutions within NCT Smart Industrial Park (NSIP).