News

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).

Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.

1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.

The competition aims to bridge smart hardware development with artistic expression and international business collaboration. With a strong emphasis on integrating AI-driven hardware into consumer and industrial sectors, the program supports participants through capital access, media visibility, and ecosystem integration.

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Tuesday the successful raise of over $1.2 billion in financing to support its continued expansion and development of artificial intelligence (AI)-ready data center infrastructure across Asia.

Malaysia and Japan have marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth MYR 1.34 billion ($310 million) at Expo 2025 Osaka.

UOB Malaysia announced Thursday a collaboration with Bursa Malaysia Berhad to facilitate small and medium-sized enterprises (SMEs) in adopting sustainability practices and advancing their decarbonization journey.

Equinix, Inc., the global digital infrastructure company, has unlocked Indonesia’s burgeoning digital opportunities by inaugurating its first International Business Exchange (IBX) data center in Jakarta under the joint venture with PT Astra International Tbk (Astra).

Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.

WORQ, a Malaysia-based coworking and flexible workspace provider, in partnership with master community developer Sunway Property, has announced the launch of WORQ Sunway Velocity at Sunway V2 Tower, located within Sunway Velocity TWO.