News
Malaysia’s roadside assistance provider Bateriku.com closes $7.4M Series B round
Bateriku.com said this capital infusion is set to propel the company’s growth across Malaysia and throughout Southeast Asia, with Indonesia and Singapore as the first international markets targeted for expansion and replication of its innovative business model.
TikTok’s parent ByteDance eyes $9.5B in record Asia dollar corporate loan – report
According to Bloomberg, proceeds of the deal will be partly used to refinance an existing $5 billion dual-tranche facility the group had raised in 2021.
Malaysia’s Solarvest secures $26M CGPP EPCC contract for solar plant in Pahang
Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.
TPG’s The Rise Fund leads strategic investment in Philippines’ BillEase
BillEase, a digital consumer finance platform based in the Philippines, has on Tuesday announced TPG's The Rise Fund has signed definitive documentation to lead a significant strategic investment in the company.
Singtel partners GMI Cloud to expand GPU capacity in the US and Asia Pacific to accelerate AI adoption
Singapore Telecommunications Limited (Singtel) and GMI Cloud, an United States-based artificial intelligence (AI)-native GPU cloud platform, have announced a strategic collaboration to expand GPU capacity by combining both companies' GPU resources and infrastructure, democratizing the availability of high-powered computing for enterprises.
Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
Singtel partners Nscale to unlock GPU capacity globally to accelerate AI adoption
Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.
Tokyo Stock Exchange announces additional partners for TSE Asia Startup Hub
Tokyo Stock Exchange, Inc. (TSE) has announced the additional partners for its TSE Asia Startup Hub, which was launched on March 25, with the aim of building an ecosystem that supports the growth of promising Asian startups.
Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia
Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…
ESR completes phase 1 of its $2B, 130 MW Cosmosquare data center campus in Central Osaka
Hong Kong-based new economy real estate manager ESR Group Limited has on Thursday announced that it has successfully completed the core and shell of its flagship data center project, ESR Cosmosquare OS1 Data Center (OS1), in Nanko Kita, Osaka, Japan.
