News
Singapore’s Bitdeer signs $4.7B Norway data center deal with AI infrastructure startup Volta
Singapore-headquartered Bitdeer Technologies has signed a 16-year colocation lease and services agreement with Volta Tydal AS, a subsidiary of AI infrastructure platform Volta, to deliver 121 IT megawatts at its Tydal campus in Norway.
SAP appoints Ellian Teo as Managing Director for Malaysia
Global software firm SAP SE announced Monday the appointment of Ellian Teo as Country Managing Director for SAP Malaysia.
Temasek’s GenZero invests in clean energy platform PCG Global
PCG Global, a Singapore-based clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonization globally.
Singapore FinTech Association launches Payments Industry Code of Conduct for Singapore
The Singapore FinTech Association (SFA) together with industry players has on Monday launched its Payments Industry Code of Conduct.
Tighter digital rules could cost South Korea 130 startups and $910M in VC funding annually: Oxford Economics
More restrictive digital regulations in South Korea could reduce startup formation by 8 percent, equivalent to 130 fewer startups per year, and cut venture capital (VC) investment by 10 percent, or ₩1.3 trillion ($910 million) less annually.
China’s Tencent makes AI model Hy3 available globally through WorkBuddy, cloud, developer platforms
Tencent Hy3 (formerly known as Tencent Hunyuan), the latest large language model developed by China's Tencent, is now available for international access, following the model's official release on July 6.
Singapore firms eye $9.8M agentic AI returns in next 2 years, but only 2% fully prepare
Singapore businesses expect agentic AI to generate a return on investment of $9.8 million over the next two years, nearly double last year's estimate of $4.9 million, according to "The SAP Value of AI Report 2026" study conducted by Germany's software giant SAP and Oxford Economics.
Singapore’s Keppel Infrastructure Trust pays €34Mfor 45% stake in second German solar portfolio
Keppel Infrastructure Trust (KIT), managed by Singapore's Keppel Infrastructure Fund Management, has committed €34 million ($37 million) to acquire a 45 percent effective stake in a second German solar portfolio from Dutch company Enpal B.V.
TNGlobal acquires Jumpstart Media, strengthening Hong Kong’s bridge to Asia’s innovation ecosystem
By combining Jumpstart's deep roots in Hong Kong with TNGlobal and TechNode's extensive network across Greater China, Southeast Asia, Japan, South Korea, and global innovation hubs, the combined organization will strengthen Hong Kong's role as a gateway connecting Asia's technology ecosystem with the world.
Foxconn adds $62M to unit in Vietnam, to build EV charging stations
Taiwan's Foxconn has injected an additional $62 million into its subsidiary in Quang Ninh province, northern Vietnam and added a new business activity of manufacturing electric vehicle (EV) charging stations.
