News

Singapore’s Circulate Capital raises $220M for Asia fund

Circulate Capital, the Singapore-based investment manager, has raised $220 million for the first close of Circulate Capital Asia II.

Kenanga expects Malaysia’s utility-scale solar activity to gradually pick up in the second quarter on lower costs

Kenanga Research expects Malaysia's utility-scale solar activity to gradually pick up in the second quarter, supported by moderating solar module prices.

E-commerce platform Carousell, Shopee-affiliated courier SPX Express expand delivery network

Carousell Singapore, an e-commerce platform, has expanded its delivery services through a partnership with SPX Express, a courier affiliated with e-commerce platform Shopee, providing additional options for users to send and receive secondhand items.

Singapore-based data center operator DayOne to invest $7B in Malaysia

Singapore-based data center developer and operator DayOne Data Centers will invest over MYR28 billion ($6.9 billion) in Malaysia by the end of 2026, as part of efforts to expand its data center operations and strengthen the country’s role as a regional digital hub.

CASE and LTA launch Accreditation Scheme for Singapore’s car-sharing industry

The Consumers Association of Singapore (CASE) and the Land Transport Authority (LTA) have on Wednesday launched a new CaseTrust accreditation scheme for the car-sharing industry.

Vocalbeats.AI partners NTU to establish AI scholarship for Singapore’s talent

Vocalbeats.AI, a Singapore-based artificial intelligence (AI)-powered audio company, has announced a partnership with Nanyang Technological University, Singapore (NTU Singapore) to establish the Vocalbeats.AI‑Turing AI Scholarship.

Asia’s largest developer gathering goes live: BEYOND Expo announcing the new BEYOND AI Day

BEYOND AI Day will be a one-day immersion where ideas transform into real-world impact. Bringing together developers, founders, researchers, and technology leaders, it offers a rare convergence of insight and collaboration

Tencent subsidiary’s WeChat Malaysia granted Malaysia Digital status, to expand local operations

WeChat Malaysia Sdn. Bhd., a subsidiary of Chinese tech giant Tencent, has been awarded “Malaysia Digital” (MD) status by the Malaysia Digital Economy Corporation, marking a step in the company’s expansion within Malaysia’s digital sector.

Microsoft to invest $5.5B in Singapore’s cloud, AI development

Microsoft will invest $5.5 billion in cloud and artificial intelligence (AI) infrastructure and operations in Singapore between 2025 and 2029, as part of efforts to support the country’s growing role in the global digital economy, the tech giant said in a press release on Wednesday.

Vietnam’s Hanoi capital city urges ride-hailing service Grab to utilize green energy vehicles

The Department of Construction in Vietnam's Hanoi capital has urged couriers and ride-hailing services, including Singapore-headquartered Grab, to build plans to utilize green vehicles, such as electric vehicles (EV).