News

Global edge data center market to cross $300B by 2026: JLL

Global real estate consulting firm JLL has predicted global edge information technology information technology (IT) infrastructure and data centers will become a $317 billion market globally by 2026, representing a 107 percent growth from the 2020 market valued at $153 billion.

Antler closes $72M SEA Fund II to double down on SEA startups

Antler, a Singapore-based early-stage venture capital firm, has on Tuesday announced the $72 million close of its second Southeast Asia fund, Antler SEA Fund II. The new Fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital.

Malaysia’s Petronas launches Supplier Support Program for sustainable practices in OGSE

In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, Malaysia's state-owned Petroliam Nasional Berhad (Petronas) has on Tuesday launched the Petronas Supplier Support Program (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Program, Bursa Malaysia…

Maxis and Huawei team up on 5G-advanced Joint Innovation Center in Malaysia

Maxis, a Malaysia-based telecommunication firm, and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), a subsidiary of Chinese multinational digital communications technology conglomerate Huawei, have on Tuesday announced a strategic collaboration on a Joint Innovation Center in Malaysia.

India’s HealthCRED secures $1.2M in seed funding round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List India

HealthCRED, an India-based business to business (B2B) healthcare financing startup, announced Monday that it has raised $1.2 million in a seed funding round.

Indosat partners Google Cloud to deliver sovereign cloud and edge cloud solutions for Indonesia

Indosat Ooredoo Hutchison (Indosat) Group and Google Cloud have on Monday announced an expanded partnership to deliver next-generation sovereign cloud and edge cloud services in Indonesia that meet the country’s most stringent data residency, security, and privacy requirements.

Alibaba Cloud elevates Paris 2024’s games viewing experience with cloud technologies

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has harnessed the power of its cloud technologies to drive multiple initiatives throughout the Olympic Games Paris 2024 (Paris 2024).

Philippine Central Bank lifts moratorium on establishment of digital banks

Philippine Central Bank Bangko Sentral ng Pilipinas (BSP) has approved the lifting of the moratorium on the grant of new digital banking licenses starting January 1, 2025 and allowed a maximum of ten digital banks to operate in the country.

Malaysia’s Solarvest secures five corporate green power agreements totaling 59.98 MW

Malaysian clean energy firm Solarvest Holdings Berhad announced Friday it has secured five separate Corporate Green Power Agreements (CGPAs) with a Malaysian multi-asset exchange, two global leading semiconductor manufactures, and a leading global data center service provider under the Corporate Green Power Program (CGPP).

EVC and Gentari secure license to install EV charging system in Sabah

Malaysia's electric vehicle (EV) charging firm EV Connection (EVC) and clean energy firm Gentari have become the first parties to receive licenses for public installation of EV charging systems in Sabah from the Energy Commission of Sabah (ECoS).