News
MyCIF unveils New Silver Economy Scheme and VC-Led ProfitSharing Incentive to ease MSME funding access in Malaysia
The Malaysia Co-Investment Fund (MyCIF) has on Monday announced the new initiatives - New Silver Economy Scheme and VC-Led ProfitSharing Incentive - for micro, small, and medium enterprises (MSMEs) to seek funding in emerging growth areas and make it easier for investors to access high quality investment opportunities.
TNB and TM team up for green energy and digital infrastructure expansion in Malaysia
Malaysia's utility firm Tenaga Nasional Berhad (TNB) and telecommunication firm Telekom Malaysia (TM) have announced a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.
Wavemaker Impact leads $700K pre-seed investment in Singapore’s Virdalis
Virdalis, a Singapore-based biotechnology company developing protein from Wolffia globosa—commonly known as duckweed—has secured US$700,000 in pre-seed funding led by Wavemaker Impact.
Hong Kong-headquartered insurer FWD Group announces senior leadership appointments
FWD Group Holdings Limited has announced several senior leadership appointments, including David Junius as Managing Director & Group Chief Financial Officer (CFO) from July 1, 2026; Alex Wong as Group Chief Actuary; and Khun Knattapisit Krutkrongchai as Chief Executive Officer for Thailand effective May 11, 2026.
GrabForGood Fund commits $3.2M for community program in Southeast Asia
Grab Holdings announced a $3.2 million commitment for 2026 from the GrabForGood Fund to support education, community care and disaster relief programs across Southeast Asia, the Singapore-headquartered technology giant said in a release last Friday.
Australia’s data center operator AirTrunk opens new regional headquarters in Singapore
Australia's hyperscale data center operator AirTrunk announced Friday the official opening of its new regional headquarters in Singapore, located at the Ocean Financial Center.
Malaysia’s stock exchange invites public feedback on proposed rule amendments on digital currency ETFs
Bursa Malaysia Securities Berhad has on Friday issued a consultation paper seeking public feedback on the proposed rule amendments to facilitate the listing and trading of digital currency Exchange‑Traded Funds (ETFs).
Singapore Web2.5 payments firm MetaComp raises $35M in Pre-A+ funding round backed by Alibaba
Singapore-based MetaComp Pte. Ltd., a unified Web2.5 payments and wealth group-level platform, has announced the completion of its Pre-A+ funding round backed by Alibaba, bringing the total capital raised to $35 million across two rounds within three months.
SAP Labs to partner with Singapore authority to train 50 AI talents
SAP Labs, under Germany-headquartered tech giant SAP, will collaborate with the Infocomm Media Development Authority (IMDA) of Singapore to hire and train artificial intelligence (AI) scientists and machine learning engineers, expanding its role as an engineering hub for enterprise AI and supporting Singapore’s AI development plans.
AI video generation platform PixVerse raises Series C funding, opens global office in Singapore
Global AI video generation platform PixVerse has announced the completion of its Series C funding round and the opening of a global office in Singapore as it expands its international presence.
