News
Thunes, Circle team up to expand stablecoin settlement
Singapore fintech firm Thunes has joined forces with the Circle Payments Network (CPN) Managed Payments, to expand stablecoin settlement.
Pony AI partners ComfortDelGro to launch autonomous mobility service in Singapore
Chinese autonomous vehicle technology company Pony AI Inc. (Pony.ai) has partnered with Singapore's national transport group ComfortDelGro to launch autonomous mobility service in the city state.
Danantara Indonesia sets up integrated waste management firm for waste-to-energy projects
Danantara Indonesia has announced the establishment of PT Daya Energi Bersih Nusantara (PT Denera), an integrated waste management company designed to serve as the holding entity for all Waste-to-Energy (WtE) or Pengolahan Sampah menjadi Energi Listrik (PSEL) project implementation across the country.
ADB launches $25M fund to accelerate progress on ASEAN Power Grid
The Asian Development Bank (ADB) has launched a $25 million multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN) — the first such fund in the region.
India-based cloud infrastructure firm Nava raises $22M Series A, expands APAC activity
India-based Nava, a cloud infrastructure company focused on GPU compute and AI data centers across the Asia-Pacific region, has raised $22 million in a Series A funding round.
Digital Realty targets nearly $5.5B investment to strengthen Singapore as Asia Pacific AI hub
Digital Realty, the Us-based data center platform, announced Thursday it is targeting nearly S$7 billion ($5.49 billion) of total investment in Singapore, reinforcing the market's critical role as an artificial intelligence (AI) infrastructure hub for Asia Pacific.
Vietnam’s conglomerate Vingroup to invest $6.5B in India’s Maharashtra state, including $1.5B in electric vehicles
Vietnam's top conglomerate Vingroup will invest $6.5 billion in India's state of Maharashtra, including $1.5 billion in electric mobility.
Indonesia will advance healthcare outcomes with value-based digital health – BMI
Indonesia's new digital health toolkit, developed by Indonesian health leaders in partnership with researchers at Australia’s Monash University, will support a shift to value-based digital health, BMI Country Risk and Industry Research said Wednesday.
Temasek-backed AI venture firm Xora Innovation appoints Eric Rosenblum as General Partner
Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.
Singapore-headquartered ESR secures $850M to grow logistics, data centers
ESR, an Asia-Pacific-focused real asset owner and manager, has secured $850 million in additional equity capital from existing shareholders, strengthening its balance sheet and supporting its expansion strategy.
