News

Singapore’s Grab provides immediate, interim relief for drivers as oil price surges

Beyond this initial one-time support, Tan said the company is in active discussions with governments, petrol companies, and EV partners to secure more sustainable, long-term ways to protect its "driver- and delivery-partners’ earnings."

Bridge Data Centers to invest up to $3.9B to boost Singapore’s AI infrastructure

Singapore-based hyperscale operator Bridge Data Centers plans to invest between S$3 billion ($2.35 billion) and S$5 billion ($3.92 billion) alongside global partners to strengthen Singapore’s role as a leading artificial intelligence (AI) hub in the Asia-Pacific region, as demand for computing capacity accelerates.

Singapore’s Thunes appoints new CTPO and CFO to drive global expansion, AI innovation

Thunes, the Singapore-based fintech firm, has on Thursday announced two strategic appointments to its executive leadership team: Guy Duncan joins as Chief Technology and Product Officer (CTPO), and Parvinder Bhatia joins as Chief Financial Officer (CFO).

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 to require verification for financial ads in Malaysia

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