News

Malaysia’s Betamek partners Singapore’s SiGenex for AI genomics diagnostic and sequencing solution

Betamek Berhad, a Malaysia-based original design manufacturer (ODM), has partnered with SiGenex Global Holdings Pte. Ltd. (SiGenex), a Singapore-based technology firm, for artificial intelligence (AI) genomics diagnostic and sequencing solution.

MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content Fund

Malaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD, a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million.

Foxconn partners with NVIDIA to build AI Factory in Taiwan

Taiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with NVIDIA and to build a state-of-the-art artificial intelligence (AI) Factory supercomputing center in Taiwan.

Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).

Brookfield acquires three high-tech business parks in first Singapore investment

Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.

Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures

1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.

HNSE Asia AI Hardware Battle 2025 opens call for entries, offering full sponsorship to Grand Finale in Hainan, China

The competition aims to bridge smart hardware development with artistic expression and international business collaboration. With a strong emphasis on integrating AI-driven hardware into consumer and industrial sectors, the program supports participants through capital access, media visibility, and ecosystem integration.

Singapore’s Princeton Digital Group raises $1.2B in financing for data center expansion

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Tuesday the successful raise of over $1.2 billion in financing to support its continued expansion and development of artificial intelligence (AI)-ready data center infrastructure across Asia.

Malaysia, Japan seal $310M in green bioeconomy

Malaysia and Japan have marked a new milestone in green bioeconomy cooperation with the signing of three strategic agreements worth MYR 1.34 billion ($310 million) at Expo 2025 Osaka.

UOB Malaysia and Bursa Malaysia collaborate to support SMEs on decarbonization journey

UOB Malaysia announced Thursday a collaboration with Bursa Malaysia Berhad to facilitate small and medium-sized enterprises (SMEs) in adopting sustainability practices and advancing their decarbonization journey.