News

Cyberport’s AI Supercomputing Center officially commences operations

Hong Kong Cyberport’s Artificial Intelligence Supercomputing Center (AISC), first of this kind currently in Hong Kong, has officially commenced operations, and the AI Lab is also open concurrently.

Singapore’s Crypto.com teams up with Deutsche Bank for banking services

Singapore-based cryptocurrency exchange company Crypto.com announced Tuesday that Deutsche Bank will provide corporate banking services for Crypto.com in Singapore, Australia and Hong Kong, with a commitment to working closely to provide additional banking support and country coverage as the relationship progresses.

GrabAds expands partnership with GroupM to power geo-based audience data

GrabAds, the advertising arm of Singapore-based superapp Grab, will expand its strategic partnership with GroupM, WPP’s media investment group, to help the latter’s clients unlock the power of Grab’s retail media network (RMN) capabilities for brand, performance and business growth.

Singapore’s BECIS raises $53M to support growth in solar, bioenergy and new solutions

BE C&I Solutions Holding (BECIS) has on Monday announced $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy) and Siemens Financial Services.

Ant International sees robust growth across pillar businesses of payments, digitalization & inclusive financial services in 2024

Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions. It is committed to driving inclusive growth through open collaboration and continuous innovation.

Malaysia’s TNB partners with Singapore’s Sembcorp Power to advance ASEAN’s renewable energy integration

Malaysia-based utility firm Tenaga Nasional Berhad (TNB) and Singapore’s licensed electricity importer, Sembcorp Power (Sembcorp), a wholly-owned subsidiary of Sembcorp Industries, have advanced regional energy sustainability by signing a renewable energy supply agreement (RESA) on Monday.

KKR backed-PHINMA Education acquires St. Jude College Dasmariñas Cavite for $7.43M

KKR-backed Philippine private higher education group PHINMA Education Holdings has on Monday announced its purchase of St. Jude College (SJC) Dasmariñas Cavite in a PHP 432-million ($7.43 million) agreement.

TNGlobal Tracker: Startup Funding Snapshot for November 2024

In November, early-stage funding dominated at 70.5 percent of the total investments, while seed-stage funding contributed 29.5 percent, reflecting a focus on early-stage investments.

Singapore’s Omni HR raises $7.4M to fuel expansion

Singapore-based employee management platform, Omni HR, has on Monday announced it has recently closed $7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.

Vietnam’s Kamereo secures $7.8M Series B funding to accelerate growth

Kamereo International, which operates a business to business (B2B) food supply e-commerce platform in Vietnam, has raised $7.8 million in its Series B funding round.