News
STMicroelectronics, NUS launch four-year lab to develop energy-efficient edge AI chips in Singapore
STMicroelectronics, an European chipmaker, and the National University of Singapore (NUS) launched a research lab to develop energy-efficient semiconductors for edge AI, the processing of AI tasks on or near a device rather than in the cloud.
UAE’s Fasset raises $68M Series C at $1B valuation, led by Japan’s SBI
The UAE-based Fasset, a stablecoin-based digital banking platform, has raised $68 million in a Series C funding round that valued it at $1 billion, led by Japan's SBI Group.
JC&C to sell Singapore, Malaysia car business to Indonesia’s Chandra Asri for $207M
Jardine Cycle & Carriage (JC&C), a Singapore-incorporated company, will sell its Cycle & Carriage automotive business in Singapore and Malaysia to CCHPL Holdings, a wholly-owned subsidiary of Indonesia's PT Chandra Asri Pacific, for an estimated S$265 million ($207 million).
Samsung posts record $205.6B revenue in H1/2026, semiconductors deliver $96.2B or 97% of operating profit
South Korea's chaebol Samsung Electronics posted consolidated revenue of $205.6 billion for the first half of 2026, up 98.7 percent year on year, according to its semi-annual reported filed with the Korea Exchange (KRX).
MyDIGITAL, Pepper Lab team up to expand AI learning in Malaysia
MyDIGITAL Corporation and Pepper Labs have signed a memorandum of understanding (MoU) to expand AI learning through Rakyat Digital, combining Malaysia’s Digital Learning Hub with Pepper Labs’ Dapur Digital community network to help more Malaysians understand, use and benefit from artificial intelligence (AI).
Malaysia’s Oppstar, Alphaswift Industries gain access to Arm computing technology
The Malaysian government has on Friday presented offer letters to Oppstar Technology Sdn. Bhd. and Alphaswift Industries Sdn. Bhd. to obtain access to Arm Compute Subsystem (CSS) technology and the Arm Flexible Access (AFA) program under the Strategic Collaboration between the Malaysian Government and Arm Limited.
ESR appoints Dalmar Sheikh as Chief Executive Officer for data centers
Singapore-based assets manager ESR has appointed Dalmar Sheikh as Chief Executive Officer, ESR Data Centers, effective September 1, 2026.
Singapore allocates 200 MW of new data center capacity to Digital Realty, Equinix, Keppel, ST Telemedia
The Singapore Economic Development Board (EDB) and the Infocomm Media Development Authority (IMDA) said Friday they have provisionally allocated 200 megawatts (MW) of new capacity to four data center operators Digital Realty, Equinix, Keppel Data Centers, ST Telemedia Global Data Centers through the second Data Center – Call for Application (DC-CFA2)…
Zig by ComfortDelGro invests over $8M in BYD’s new electric and hybrid PHVs
Zig by ComfortDelGro (Zig, 劲) announced Thursday that it is investing over S$10 million ($7.87 million) in its Private Hire Vehicle (PHV) fleet with a range of BYD electric and hybrid vehicles supplied by Vantage Automotive.
Malaysia’s Paywatch, IMU Healthcare launch MediPay for paying medical bills from earned wages
Paywatch, a Malaysian financial-technology company that lets employees draw wages they have already earned before payday, has partnered with IMU Healthcare to launch MediPay, a feature allowing workers to pay for medical and wellness services using those earned wages.
