News

Sunway and UOB Malaysia ink partnership to advance net zero goal

Sunway Group (Sunway) and UOB Malaysia have inked a partnership which will see the two companies working together towards their shared mission to achieve net zero carbon emissions by 2050.

Singapore launches AI Verify Foundation to shape the future of international AI standards through collaboration

Singapore’s Ministry for Communications and Information has announced the launch of the Artificial Intelligence (AI) Verify Foundation to harness the collective power and contributions of the global open source community to develop AI testing tools for the responsible use of AI.

Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity

A key highlight at the symposium is the showcasing of Malaysia’s cross-border QR payment linkages with Indonesia, Singapore, and Thailand. It features an exhibition with food vendors from Malaysia, Indonesia, Singapore, and Thailand.

Nokia, NAVER Cloud collaborate to bolster digital transformation in Southeast Asia

Finnish telecom equipment maker Nokia Nokia and South Korean technology firm NAVER Cloud Corp. announced Thursday that they have signed a Memorandum of Understanding (MoU) to bolster the digital transformation in the Southeast Asia (SEA) region.

Antler closes $285M emerging growth fund to back industry leaders

Singapore-based startup accelerator Antler has closed Antler Elevate, a $285 million emerging growth fund that backs the next generation of game-changing founders across 20+ technology ecosystems.

US SEC charges cryptocurrency platform Coinbase a day after suing Binance

The US Securities and Exchange Commission (SEC) on Tuesday charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.

MHI inks MoU with TNB Genco on clean energy technologies to drive decarbonization in Malaysia

Japanese industrial group Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's power producer TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding (MoU) to study and exchange information related to clean energy technologies.

NTU Singapore, Delta Electronics set up $18M corporate lab for advanced robotic technologies

Nanyang Technological University (NTU Singapore) and Delta Electronics, a Taiwan-based provider of internet of things (IoT)-based smart green solutions, have established the SGD 24 million ($17.8 million) Delta-NTU Corporate Lab for advanced robotics.