News

Dubai’s reward platform Bundle raises $5.5M pre-seed, to expand to Singapore, Philippines, Vietnam

Dubai-based Bundle, a networked rewards platform that allows businesses to pool their marketing budgets into shared prize funds, has raised $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures.

Singapore’s Temus invests in Philippines’ Thinking Machines, OpenAI’s first APAC services partner

Singapore-based AI and digital transformation company Temus, established by Temasek in 2021, has made a strategic investment in Thinking Machines Data Science, a Manila-founded AI and data company and OpenAI's first official services partner in Asia Pacific.

Singapore’s Atome Financial grows 2025 revenue 80% to $470M, annualized run rate reaches $800M

Singapore-based Atome Financial, the digital financial services platform comprising buy-now-pay-later service (BNPL) Atome, Atome Card, and Indonesia's Kredit Pintar, reported revenue of $470 million for the year ended December 31, 2025, up 80 percent year-on-year.

Singapore’s Singtel confirms Optus stake sale talks as Australian regulator pursues $174m penalty

Singapore Telecommunications Limited (Singtel) seeks a potential stake sale in its Australian subsidiary Optus Mobile, on the same day Australia's communications regulator commenced Federal Court proceedings against Optus Mobile, with a maximum penalty exposure of over A$250 million ($174 million).

AI is transforming climate-risk management across Malaysia’s industries – BIMB

BIMB Securities said Tuesday that artificial intelligence (AI) is transforming climate-risk management across industries, and key sector beneficiaries included utilities and energy; banks and insurers; plantations and agriculture; infrastructure and property.

Indosat first half profit jumps 49 percent on AI-led growth

Indonesian telecommunications company PT Indosat Ooredoo Hutchison posted double-digit revenue and earnings growth in the first half of 2026, driven by rising demand for artificial intelligence (AI)-powered digital services and cloud offerings as the company accelerated its transformation into an AI-led technology business.

Singapore Polytechnic seals nine partnerships to strengthen talent, industry transformation in technology sector

Singapore Polytechnic has inked nine partnerships with organizations from industry, academia and professional associations to strengthen talent and industry transformation in the technology sector of the city state.

Bukalapak maintains positive adjusted EBITDA amid increased revenue

PT Bukalapak.com Tbk, the Indonesian e-commerce company, has maintained positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) amid increased revenue the first half.

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

FCC Philippines signs long-term solar deal with Peak Energy

FCC (Philippines) Corp., a subsidiary of Japan's FCC CO., LTD. has signed a long-term solar agreement with Singapore-based renewable assets operator Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.