News

Finance platform Choco Up raises $15M to expand growth financing for Singapore SMEs

Choco Up, Asia's leading growth financing platform, has raised a $15 million credit facility from private credit investment company AlteriQ Global to expand access to growth capital for Singapore's small and medium-sized enterprises (SMEs), with the first drawdown already completed.

Amundi, Ant International launch tokenised money market fund share classes in blockchain treasury management push

Europe's largest asset manager Amundi, asset servicing group CACEIS, and Ant International have launched their tokenized share classes for the Amundi Money Market Fund – Short Term, denominated in Euro and US dollars, developed for Ant International's intra-group liquidity management needs.

Foxconn, Schneider Electric partner to develop next-generation AI data center infrastructure

Taiwan's Foxconn and France's Schneider Electric will co-develop integrated solutions for AI data centers, combining Foxconn's expertise in advanced compute platforms and AI rack integration with Schneider Electric's power systems, cooling, and energy management capabilities.

Austria’s AT&S secures AMD deal, to invest €2B to expand chip capacity in Malaysia, China

Chipmaker Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S) will expand production capacity for high-end IC substrates for artificial intelligence (AI) and high-performance computing, with investments spanning its Kulim facility in Malaysia and its Chongqing plant in China, totaling €1.5-2.0 billion ($1.74-2.32 billion).

[BEYOND Expo 2026] Malaysian Team Takes Second Place at BEYOND Hack Day 2026

The achievement was welcomed by Malaysia's startup development agency, Cradle Fund, which highlighted the success as a reflection of the country's growing talent pool and the importance of providing innovators with access to regional platforms and networks.

Singapore’s Pints AI raises $5.6 million to deploy auditable AI in regulated financial institutions

Singapore-based enterprise AI startup Pints AI has raised $5.6 million in a pre-Series A round led by Tin Men Capital, with SBI Ven Capital co-leading and participation from SEEDS, NTUitive, SUTD Venture Fund, and Tenity,

Chipmaker Intel to invest $2.6B more in Vietnam, $4.1B in total

Intel is set to invest $2.6 billion more in Vietnam, raising the total investment to $4.1 billion, the U.S. chipmaker said in a statement on Friday, at its 20th anniversary of operation in Vietnam.

Vietnam’s VinFast rolls off its one millionth electric motorcycle after 8 years of production

VinFast, the electric vehicle (EV) manufacturer under Vietnam’s conglomerate Vingroup, has produced its one millionth electric motorcycle, nearly eight years after it began manufacturing the Klara, its first electric motorcycle model, in November 2018.

Malaysia’s Central Bank, World Bank, UNDP assess nature risks in Malaysian financial sector

Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Program Biodiversity Finance Initiative (UNDP BIOFIN) have on Thursday released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.'

NUS accelerates AI for semiconductors through industry collaboration

The National University of Singapore (NUS) is advancing on two fronts to apply artificial intelligence (AI) across the semiconductor sector.