News

Princeton Digital to invest $1B for data center campus in Malaysia and Indonesia

Princeton Digital Group (PDG), Asia’s leading data center provider, has on Monday unveiled its SG+ strategy with the announcement of a 96 MW data center campus in Batam.

Singapore’s ProfilePrint partners Guatemala’s Anacafé to provide digital platform to Guatemalan coffee farmers

Anacafé, the Guatemalan National Coffee Association and ProfilePrint, a Singapore-based artificial intellignece (AI) agrifood tech company, have on Monday announced an alliance to provide Guatemalan coffee farmers a digital platform to grade their coffee beans more effectively and efficiently with its cutting-edge technology, complementing the current…

AC Ventures launches advisor community to support startups

Indonesia’s leading early-stage venture capital firm AC Ventures (ACV) has on Tuesday formally announced its latest value creation initiative in the form of an expert advisor community, designed to help startups achieve operational excellence from day one.

Carsome enters after sales market with launch of Carsome service center

Malaysia-based integrated car e-commerce platform Carsome has ventured into the after-sales car service market with the launch of Carsome Service Center.

Tencent Cloud ranks as the No. 1 cloud services provider in media services market, says Frost & Sullivan

Tencent Cloud, the cloud business of global technology company Tencent, has on Tuesday announced that it has been recognized as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report.

Savvy Games invests $265M in Chinese esports player VSPO

China-based esports player VSPO (formerly VSPN) has announced the biggest direct investment ever made in the industry with a $265 million deal by innovative games and esports company Savvy Games Group, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), who will now become VSPO’s single largest equity holder.

Nominations for 3rd edition of 100 Women in Tech list now open

The Singapore Computer Society (SCS), in partnership with the Infocomm Media Development Authority (IMDA), have on Monday announced the third edition of the Singapore 100 Women in Tech (SG 100 WiT) list.

Quell completes $10M Series A round led by Tencent

Quell, the United Kingdom-based fitness gaming developer and publisher pioneering the future of fitness gaming technology, has on Monday announced the completion of a $10 million Series A funding round led by Tencent.

FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).

Malaysian Government drafting strategic framework to develop EV charging infrastructure – report

The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…