News

I-City collaborates with TwinMatrix to explore AI-enhanced experiential AI living

As artificial intelligence (AI) becomes increasingly integrated into everyday life, Malaysia-based i-City has partnered with Singapore-based TwinMatrix Technologies to explore the use of AI-driven experiences, digital avatars and spatial intelligence technologies in urban environments.

HSBC partners Mastercard to expand B2B payments capabilities in Singapore

Global bank HSBC has on Tuesday announced its collaboration with Mastercard in Singapore to pilot new capabilities that support the future of business to business (B2B) commerce.

DBS launches market-first tokenized physical gold in Singapore

Amid growing demand and a nation-wide push to cement Singapore’s status as a global gold trading hub, DBS has on Thursday announced it will offer tokenized physical gold to customers.

Applied Materials expands Singapore manufacturing with $500M investment to support AI chip demand

Applied Materials, Inc., the US semiconductor firm, has expanded its manufacturing and research and development (R&D) operations in Singapore with the new $500 million to support the global build-out of artificial intelligence (AI) infrastructure.

Visa unveils AI, stablecoin capabilities to power next generation of commerce

Visa has announced a suite of new artificial intelligence (AI), stablecoin, and token capabilities at its Payments Forum 2026 in San Francisco.

Silicon Valley’s BizLink to acquire Singapore-Based Interplex Datacom from Blackstone for $900M

Silicon Valley-based BizLink Holding is set to acquire Interplex Datacom, a Singapore-headquartered division of Ennovi held by Blackstone, in an all-cash transaction valued at $850 million plus up to $50 million in contingent consideration,

Taiwan’s Foxconn, US’ Brookfield to jointly develop 1 GW of renewable energy in Vietnam

Taiwan's Foxconn and global investment firm Brookfield will jointly develop up to 1 GW of utility-scale wind, solar, and battery capacity in Vietnam, underpinned by long-term power purchase agreements, to support Foxconn's operations and supply chain in the country.

NTT, SK, Chunghwa Telecom, DBJ team up for $500M AI fund

NTT, Inc., SK Group, Chunghwa Telecom Co., Ltd. and Development Bank of Japan Inc. (DBJ) will establish a $500 million IOWN AI Fund aimed at building the IOWN ecosystem and creating new business opportunities through investments in cutting-edge technologies for the artificial intelligence (AI) era.

Malaysia’s Sime Darby Property launches $310M New Economy Venture Fund for data centers

Malaysia-based Sime Darby Property Berhad has launched its second real estate development fund with up to MYR 1.25 billion ($310 million) for data centers.

CIMB collaborates with China CITIC Bank to strengthen China-ASEAN financial connectivity

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.