News

Singapore-founded Airalo becomes the first eSIM unicorn with an investment round of $220M

Airalo, a Singapore-founded eSIM provider, announced Thursday a $220 million investment led by new investor, CVC.

HSBC funds climate-smart coops, teams up with Bayan, Mayani

In a multi-sectoral bid to develop agricultural cooperative-based models for resilient rural livelihoods, Philippine development sector group Bayan Family of Foundations, in partnership with Philippine agritech Mayani, landed philanthropic funding from HSBC Philippines, to support smallholder farmers and fisherfolk in adapting to climate change while…

DDC Enterprise announces $100M Bitcoin strategic partnership with Animoca Brands to advance corporate Bitcoin treasury

DDC Enterprise Limited (DDC) announced Thursday that it has signed a non-binding memorandum of understanding (MoU) with Animoca Brands to develop and implement strategies that maximize yield for the Web3 firm’s Bitcoin assets while managing associated risks.

Malaysia’s Penang unveils chip design academy to accelerate ‘Made-by-Malaysia’ AI chips and next-gen semiconductor talent

The Penang State Government unveiled Thursday the Penang Chip Design Academy (PCDA), a cornerstone initiative positioned to reshape Malaysia’s future in integrated circuit (IC) design.

Singtel subsidiary NCS launches $102M AI transformation initiative across Asia Pacific

As artificial intelligence (AI) is becoming fundamental to drive transformation, Singtel's subsidiary NCS announced Thursday a S$130 million ($102 million) investment over three years to lead change across Asia Pacific (APAC).

Data centers is top-performing construction sector in Southeast Asia: Turner & Townsend

Data centers have overtaken industrial, manufacturing and distribution as the top-performing construction sector in Southeast Asia, reflecting the surging demand for digital infrastructure from hyperscalers and cloud service providers, alongside growing interest in sustainable, high-performance facilities, Turner & Townsend said Tuesday.

DHL reaffirms commitment to Malaysia’s economic growth, identifies opportunities through Strategy 2030

DHL, the global logistics provider, has reaffirmed its commitment to Malaysia through Strategy 2030, a five-year roadmap aimed at accelerating sustainable growth with an expanded focus on high-value sectors.

Singapore’s EdTech platform Geniebook achieves profitability; expands with acquisitions

Singapore-based EdTech firm Geniebook has achieved three straight quarters of profitability and expands its hybrid strategy with two major acquisitions.

Google Cloud appoints Jennifer Ligones as Country Manager for the Philippines

Google Cloud announced Thursday the appointment of Jennifer Ligones as Country Manager of the firm’s business in the Philippines.

Malaysia’s Paydibs onboarded as direct third-party acquirer for FPX by PayNet

Paydibs, a payment solutions provider in Malaysia, has announced its official onboarding by Payments Network Malaysia Sdn Bhd (PayNet) as a Third-Party Acquirer (TPA) for the Financial Process Exchange (FPX).