News

ACSR sets out approach for non-compliance to sustainability reporting requirements

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), announced Monday its approach to addressing non-compliance with regulatory sustainability reporting requirements developed in alignment with the National Sustainability Reporting Framework (NSRF).

Audax partners with 10x Banking to accelerate digital banking modernization across APAC, Europe, and the Middle East

Audax Financial Technology, a Singapore-based digital banking technology solutions provider supported by Standard Chartered, has partnered with 10x Banking, the cloud-native core banking platform, to to accelerate digital banking modernization across Asia Pacific (APAC), Europe, and the Middle East.

Bolt records 40 percent quarter on quarter growth in first year of operations in Malaysia

One year since its launch in Malaysia, the Estonia-based e-hailing firm Bolt has reported strong and consistent 40 percent quarter-on-quarter growth.

Digital Realty announces access to Oracle cloud infrastructure in Singapore via FastConnect

Digital Realty, the global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions and an Oracle Partner, announced Monday it will offer connectivity to an Oracle Cloud Infrastructure (OCI) FastConnect point-of-presence (PoP) within the Oracle Cloud Singapore West Region.

Alibaba Cloud and MDEC launch SME Digitalization Program to boost Malaysia’s Next-Gen businesses

Alibaba Cloud, the digital technology firm of Alibaba Group, has in partnership with the Malaysia Digital Economy Corporation (MDEC), announced the launch of the SME Digitalization Program — an initiative designed to accelerate the digital transformation journey of Malaysia’s small and medium enterprises (SMEs) and small and medium-sized businesses……

Creador acquires 7 percent stake in India’s La Renon Healthcare

Malaysia-based private equity firm Creador announced Monday its investment into La Renon Healthcare by acquiring a 7 percent stake from the promoter and existing investor Peak XV Partners (formerly Sequoia India).

Airwallex raises $330M Series G funding, establishes San Francisco as dual global headquarters

Airwallex, the Australian-founded financial platform, has raised $330 million in a Series G funding round, led by Addition and with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures and TIAA Ventures.

Robinhood Markets expands to Indonesia with Buana Capital, Pedagang Aset Kripto deals

Global financial services firm Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader.

Singapore’s DayOne secures up to $1.17B Mezzanine financing facility to accelerate Finland platform and global expansion

DayOne Data Centers, a Singapore-headquartered data center developer and operator, announced that it has secured a mezzanine financing facility of €500 million ($582.62 million), expandable up to €1 billion ($1.17 billion) upon mutual agreement, to accelerate its Finland platform and global expansion.

AI-for-science startup ChemLex raises $45M, launching self-driving lab for drug discovery in Singapore

ChemLex, a next-generation artificial intelligence (AI)-for-science company, has announced the establishment of its global headquarters and self-driving laboratory in Singapore, alongside the close of a $45 million funding round led by Granite Asia.