News

Maybank sees Trump administration’s reciprocal tariffs-driven macro factors to weigh on Malaysia’s semiconductor sector

United States President Donald Trump administration’s reciprocal tariffs (RT) driven macro factors are expected to weigh on Malaysia's semiconductor sector, Maybank Investment Bank said Friday.

YouTube expands YouTube Shopping in Singapore with Shopee

American social media and online video sharing platform YouTube has on Thursday launched its Shopping affiliate program in Singapore in partnership with homegrown brand, Shopee.

Aspire secures capital markets services license from MAS

ASG2 Pte Ltd, a subsidiary of Aspire, a Singapore-headquartered finance platform, has on Thursday announced that it has secured the capital markets services license (CMS) from the Monetary Authority of Singapore (MAS).

Project Nexus partners incorporate Nexus Global Payments to run the cross-border payment scheme

Nexus Global Payments (NGP) has on Thursday announced that it has been formally incorporated as a company limited by guarantee in Singapore to operationalize and manage the Nexus scheme for enabling safe and instant cross-border payments at scale.

Carsome partners with Google Cloud, Searce to enhance car transaction, ownership experience

Southeast Asian car e-commerce platform Carsome Group Inc. has on Thursday announced a multi-year collaboration with Google Cloud, and Searce to fuel its continued expansion and growth in the markets where it operates.

Endowus expands credit offerings with global alternative investment manager Man Group

Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore.

Qualcomm expands generative AI capabilities with acquisition of VinAI division

The United States-based chipmaker Qualcomm has on Wednesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vingroup ecosystem.

Singapore’s GLP launches $358M AUM maiden data center fund in China

GLP, a Singapore-based global thematic business builder and investment manager, has on Tuesday launched maiden data center fund in China with asset under management (AUM) of RMB 2.6 billion ($358 million).

Grab gets license to operate taxis in Singapore

Southeast Asia's superapp Grab has obtained the Land Transport Authority (LTA) license to operate taxis in Singapore.

StarHub, Nokia, Dell Technologies complete Southeast Asia’s first 5G cloud RAN trial

Singaporean telecommunications company StarHub has successfully trialed Southeast Asia’s first 5G Cloud Radio Access Network (RAN) in collaboration with Finnish telecommunications firm Nokia and American technology group Dell Technologies.