News

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

The Securities Commission Malaysia (SC) said Monday that it will increase the flow of capital to innovative start-ups in high value-add sectors such as electrical and electronics, data infrastructure and medical devices.

Data shows that roughly 9,238, or about 20 percent of the 45,363 tech layoffs recorded worldwide since the start of the year, and have been linked to artificial intelligence (AI) implementation and organizational restructuring, RationalFX said Monday.

Securities Commission Malaysia (SC) said Monday it will develop appropriate regulatory frameworks for alternative assets to provide clarity to market players.

Despite global fundraising headwinds, Malaysia’s venture capital (VC) and private equity (PE) segments grew at a rapid pace, with total cumulative VC/PE committed funds under management recording a 21 percent compound annual growth rate (CAGR) between 2020 and 2025, the Securities Commission Malaysia (SC) said Monday.

While momentum builds for ASEAN Power Grid (APG), the regional initiative designed to interconnect the electricity grids of Southeast Asian nations to enhance energy security, sustainability, and reliability, BMI Country Risk And Industry Research sees financing, geopolitical and supply chain remain bottlenecks.

The information and communication4 sub-sector led the surge of Malaysia's services approved investments in 2025 with MYR 152.9 billion ($38.73 billion).

Hanic, a Singapore-based semiconductor technology firm, has announced a strategic expansion in Penang, Malaysia, to establish a center for integrated circuit (IC) design and advanced packaging design.