News

Ingrasys partners Western Digital to deliver high-performance, fabric-attached disaggregated storage for AI workflows

Western Digital and Ingrasys, a subsidiary of Foxconn Technology Group, the world’s largest electronics manufacturer, announced Thursday a strategic collaboration to deliver a new flagship Top-of-Rack (TOR) switch with embedded storage.

SC signs IOSCO’s enhanced multilateral MOU for greater cross-border assistance on enforcement matters

The Securities Commission Malaysia (SC) has on Wednesday signed the International Organization of Securities Commissions’ (IOSCO) enhanced multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures

Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of carbon dioxide (CO₂) emissions annually by 2030.

CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutions

CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions.

Thailand’s MUU secures strategic investment from A2D Ventures, Leave a Nest Japan and a Japanese food conglomerate

MUU, Thailand’s first animal-free dairy biotech startup, has secured strategic investment from A2D Ventures, Leave a Nest Japan, and another leading Japanese food conglomerate.

Pei-Si Lai to take on role of GXS Bank CEO; Kaushik Chowdhury to be GXBank’s new CEO

GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced Wednesday the succession in its senior management team.

Google Cloud expands AI-ready data center capacity in Jakarta

Google Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand.

Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures

BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia.

Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia

VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round.

Quantum DC Advisory foresees Thailand data center infrastructure to rise 17 times to 2GW in next five to seven years

Quantum DC Advisory Chief Executive Officer Joshua Robinson believes that Thailand’s data center infrastructure could increase by 17 times to 2GW from a low base of 120MW over the next five to seven years.