News

Vietnam’s FPT, China’s Sunline form strategic partnership to accelerating digital transformation in banking sector

Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.

NAPAS partners Mastercard to launch Vietnam’s first co-badged card across six banks

The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.

Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detection

PHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round.

Proptech firm MilikiRumah launches maiden private equity fundraise of $50M

MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.

Singapore’s Whale secures $60M to expand enterprise AI suite globally

Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.

MAS proposes to streamline prospectus requirements and broaden investor outreach channels for IPOs

The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to streamline prospectus requirements and broaden investor outreach channels for initial public offerings (IPOs).

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Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University

Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).

Malaysia’s Betamek partners Singapore’s SiGenex for AI genomics diagnostic and sequencing solution

Betamek Berhad, a Malaysia-based original design manufacturer (ODM), has partnered with SiGenex Global Holdings Pte. Ltd. (SiGenex), a Singapore-based technology firm, for artificial intelligence (AI) genomics diagnostic and sequencing solution.

MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund

Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD, a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million.

Foxconn partners with NVIDIA to build AI Factory in Taiwan

Taiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with NVIDIA and to build a state-of-the-art artificial intelligence (AI) Factory supercomputing center in Taiwan.