News
Thailand cuts 3.8M tons of industrial CO₂ through cement clinker substitution
Thailand has reduced more than 3.8 million tons of carbon dioxide (CO₂) equivalent since 2019 through clinker substitution in the Industrial Process and Product Use sector, delivering results ahead of the country's Nationally Determined Contribution (NDC) roadmap timeline
Singapore’s Ant International closes $1.2B Series A with Ant Group, Alibaba
Singapore's Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, alongside other unnamed international investment institutions.
GenAI tops Southeast Asia finance professionals’ skills wishlist, but proficiency-training: ACCA
Generative AI (GenAI) tools ranked as the single most critical future skill among finance professionals in Southeast Asia, yet 72 percent of respondents globally reported only basic or no GenAI proficiency.
Temasek-backed CuspAI raises $450M, reaches $2.6B valuation, launches AI materials discovery network
CuspAI has raised $450 million in a Series B round valuing the company at $2.6 billion, with Singapore's Temasek among the returning investors, the Cambridge-based AI firm said in a statement on Monday.
Vietnam’s Viettel targets first pre-commercial 6G call by early 2029 as Qualcomm’s first early access partner
Viettel High Tech, under Vietnam's top telco Viettel, has signed a 6G Platform Early Access Program agreement with US semiconductor company Qualcomm Technologies.
KWAP seeks recovery of $40M eFishery investment
Malaysia's public pension fund Kumpulan Wang Persaraan (Diperbadankan) [KWAP] said it is pursuing all available avenues to recover its MYR 163.4 million ($39.97 million) investment in Indonesian aquaculture startup eFishery after the company became embroiled in a financial fraud scandal that led to the imprisonment of its former chief executive.
Taiwan’s semiconductor firm Powertech Technology to invest $400M in Singapore chip packaging joint venture with Broadcom
Taiwan's semiconductor firm Powertech Technology plans to invest $400 million to establish a chip packaging joint venture in Singapore, in a cooperation with US semiconductor giant Broadcom.
Maybank foresees visible growth ahead for Singapore’s JustCo
Maybank Investment Bank has foreseen visible growth ahead for Singapore's co-working space player JustCo, underpinned by a visible expansion pipeline and improving operational efficiency.
Singapore strengthens privacy tools for AI adoption
Singapore has on Monday launched a new guide on federated learning to help businesses adopt privacy-enhancing technologies (PETs) for artificial intelligence (AI) development, as organizations seek ways to unlock the value of data while strengthening protection of personal information.
Vietnam emerges as SEA’s next data center contender amid regional capacity shift – BMI
Vietnam is emerging as a credible secondary data center hub in Southeast Asia over the next five years, benefiting from rapid cloud adoption and a spillover of investment from more constrained markets such as Singapore and Malaysia, BMI Country Risk & Industry Research said on Monday.
