News

APAC financial regulators and cloud providers conduct first cloud resilience crisis management exercise

Asia Pacific financial regulators and global cloud service providers (CSPs) in the Financial Sector Cloud Resilience Forum, established by the Monetary Authority of Singapore (MAS), conducted a crisis management tabletop exercise on November 6, 2024.

IFC scales up climate financing in Vietnam to support green transition

Boosting its support for Vietnam's green transition and sustainable development, International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year.

Malaysia’s Yinson Renewables launches Matarani solar plant in Peru

Malaysian renewable energy firm Yinson Renewables has officially launched the Matarani solar plant in Peru.

Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn Capital

DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.

Empyrion Digital makes first data center investment in Thailand

Empyrion Digital, a global next-generation digital infrastructure platform, has announced its strategic expansion into Thailand to develop a minimum 12MW (IT Load) edge co-location data center in Bangkok.

Indonesia’s Indosat, GoTo launch Sahabat-AI: Indonesia’s open-source LLM

reated by Indonesians, for Indonesians, it aligns with the Golden Indonesia 2045 vision, supporting national leadership in technology and infrastructure. Due to its understanding of local context, Sahabat-AI will enable Indonesians to build AI-based services and applications in Bahasa Indonesia and various local languages, addressing a gap left by global AI…

Dyna.Ai partners DCS Card Centre to enhance AI offerings in financial services

Dyna.Ai, a Singapore-based artificial intelligence (AI)-as-a-service company, has announced a strategic partnership with financial institution DCS Card Centre.

US-based Hemisphere Ventures expands into Southeast Asia

Hemisphere Ventures, a United States-based venture capital, has announced the opening of a new office in Singapore, marking its first expansion into Southeast Asia.

Yinson GreenTech partners Zeabuz to advance electric marine vessel operations

Malaysia-based green technologies solution provider Yinson GreenTech and Norwegian autonomous maritime technology startup Zeabuz AS have teamed up to advance the development of autonomous, remote-controlled electric marine vessel operations.

Maybank raises Grab’s earnings forecast after solid results in third quarter

Maybank Investment Bank has raised Grab Holdings 2024-2026 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 23 percent to 27 percent.