News
Empyrion Digital makes first data center investment in Thailand
Empyrion Digital, a global next-generation digital infrastructure platform, has announced its strategic expansion into Thailand to develop a minimum 12MW (IT Load) edge co-location data center in Bangkok.
Indonesia’s Indosat, GoTo launch Sahabat-AI: Indonesia’s open-source LLM
reated by Indonesians, for Indonesians, it aligns with the Golden Indonesia 2045 vision, supporting national leadership in technology and infrastructure. Due to its understanding of local context, Sahabat-AI will enable Indonesians to build AI-based services and applications in Bahasa Indonesia and various local languages, addressing a gap left by global AI…
Dyna.Ai partners DCS Card Centre to enhance AI offerings in financial services
Dyna.Ai, a Singapore-based artificial intelligence (AI)-as-a-service company, has announced a strategic partnership with financial institution DCS Card Centre.
US-based Hemisphere Ventures expands into Southeast Asia
Hemisphere Ventures, a United States-based venture capital, has announced the opening of a new office in Singapore, marking its first expansion into Southeast Asia.
Yinson GreenTech partners Zeabuz to advance electric marine vessel operations
Malaysia-based green technologies solution provider Yinson GreenTech and Norwegian autonomous maritime technology startup Zeabuz AS have teamed up to advance the development of autonomous, remote-controlled electric marine vessel operations.
Maybank raises Grab’s earnings forecast after solid results in third quarter
Maybank Investment Bank has raised Grab Holdings 2024-2026 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 23 percent to 27 percent.
Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.
ASEAN-6 B2C e-commerce export revenue seen to reach $30.4 billion in 2028 : Amazon Global Selling
ASEAN-6 (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines)'s business to consumer (B2C) e-commerce export revenue for is expected to reach $30.4 billion in 2028, a report commissioned by Amazon Global Selling showed Wednesday.
Singapore’s Sea revenue up 30.8 pct on year in third quarter
Singapore's consumer internet firm Sea announced Tuesday that its total revenue rose 30.8 percent year on year to $4.3 billion in the third quarter ended September 30, 2024, underpinned by higher e-commerce growth.
Pentagreen Capital seeks to deploy $1B for Asia’s sustainable infrastructure
Pentagreen Capital, the sustainable infrastructure debt financing company established by HSBC and Temasek, is seeking to deploy $1 billion for Asia’s sustainable infrastructure.
