News
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
SpaceX’s satellite Internet service Starlink officially launches in Vietnam
Starlink, the satellite internet service operated by billionaire Elon Musk's SpaceX, has officially launched commercial service across Vietnam.
Singapore’s STT GDC secures $1.37B green financing for Johor data center campus
ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center operator, has secured a green financing facility of up to $1.37 billion to fund the development of STT Johor, its data center campus in Johor, Malaysia.
Singapore’s Graas raises $17 million Series B, acquires product-data startup Trustana
Graas, a Singapore-based retail commerce AI company, has raised $17 million in a Series B round and acquired Trustana, a Singapore-based product-data platform.
U Mobile partners with OpenAI in OpenAI’s first Malaysia telco collaboration
Malaysian mobile operator U Mobile has entered a strategic collaboration with OpenAI to integrate artificial intelligence (AI) across its operations, also OpenAI's first collaboration with a telecommunications provider in Malaysia.
Data center boom ushers in a new era of infrastructure risks and opportunities for insurers – Allianz
Artificial intelligence (AI) is driving one of the largest infrastructure investment cycles in decades, but the rapid global build-out of data centers is also creating a new era of construction, operational, climate and insurance risks, according to the latest Allianz Commercial The data center construction boom: risks and claims trends report revealed on…
ESR, INA expand partnership on new logistics developments in Indonesia
Singapore-based real asset manager ESR, Indonesia Investment Authority (INA), and other capital partners are jointly investing in the development of two institutional-grade logistics facilities in Cikarang, Greater Jakarta, expanding their partnership and supporting Indonesia’s long-term logistics, manufacturing, and supply chain development.
Singapore-based Manus AI to leave Meta as China blocks Meta’s $2B acquisition
Manus, a Singapore-headquartered AI agent startup founded in China, will return to operating as an independent company and delete some user data, months after Chinese regulators blocked Meta's $2 billion acquisition of the startup.
Singapore’s biotechnology firm K2 Therapeutics raises $50M in seed financing from MPM BioImpact
K2 Therapeutics, a Singapore-based biotechnology company, has raised $50 million in seed financing from MPM BioImpact, the U.S. investment firm that founded the company in 2024.
Vietnam, Australia sign 5-year digital economy pact covering AI, semiconductors, data flows
Vietnam and Australia will further collaborate in artificial intelligence (AI), semiconductors, cross-border data flows, and undersea cable connectivity.
