News

Hong Kong-based cryptocurrency custodian Hex Trust secures strategic investment from Morgan Creek

Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective.

Malaysia’s MEASAT partners China’s SPACESAIL to advance LEO satellite services

Malaysian satellite solutions provider MEASAT Global has partnered Chinese low earth orbit (LEO) satellite operator Shanghai Spacesail Technologies (formerly Shanghai Spacecom Satellite Technology) to advance LEO satellite services.

Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services

Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services.

ThaiQuest partners SIX to expand market data access, enhance financial information business

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the global financial data and market infrastructure provider, to access comprehensive market data from SIX and enhance its financial information business.

Singtel secures $476M green loan for DC Tuas data center project

Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in Singapore, DC Tuas.

Malaysia’s Proton begins construction of new EV plant in Tanjung Malim

Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility.

Singapore’s Syfe offers to acquire ASX-listed investment platform Selfwealth for $41M

Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for A$65 million ($40.83 million) cash.

Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024

Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.

Endeavor Malaysia appoints Shan Li Tay as new Managing Director

Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.

Coastal Sustainability Alliance launches Singapore’s largest electric supply boat

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam.