News

SC and Bursa Malaysia launch MY Value Up Guidebook

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad have on Tuesday launched the MY Value Up Program Guidebook, to help public listed companies (PLCs) create their medium-to long-term value and transform them into globally attractive investment propositions.

Singtel Digital InfraCo’s RE:AI and WEKA partner to deliver sovereign AI infrastructure across ASEAN

RE:AI, the sovereign artificial intelligence (AI) cloud business of Singtel Digital InfraCo, and a global AI data and memory infrastructure provider WEKA, have on Wednesday signed a memorandum of understanding (MOU) to build and deliver sovereign AI infrastructure solutions across Singapore and the broader ASEAN region.

Grab and Enterprise Singapore launch initiative to help F&B merchants drive growth

Singapore-based ride-hailing and delivery platform Grab has partnered Enterprise Singapore to launch a new initiative aimed at helping small food and beverage (F&B) businesses improve customer reach and strengthen their digital capabilities amid rising operating costs and intensifying competition.

Singapore-based AI caregiving technology company Hello Ello launches in Malaysia

Hello Ello, a Singapore-based artificial intelligence (AI) caregiving technology company has launched ELLO's Vision One care camera for families in Singapore and Malaysia to help families care for ageing parents at home without relying on constant calls, manual check-ins, or noisy security camera alerts.

AI Game Studio Onibi raises funding from SeaX Ventures to develop open-world RPG Tomo: Endless Blue

Onibi, an independent game studio developing AI-powered open-world multiplayer RPG Tomo: Endless Blue, has closed a strategic funding round led by Thailand-based SeaX Ventures and France-based Pix Capital.

Canadian aerospace manufacturer Bombardier doubles Singapore footprint with $78M investment

Canadian aerospace manufacturer Bombardier has on Tuesday announced plans to expand its Singapore Service Center at JTC’s Seletar Aerospace Park with the addition of a newly built nearby facility of approximately 250,000 square feet at S$100 million ($78 million) investment.

Singapore’s Arki Finance receives capital markets licence ahead of wealth platform launch

Arki Finance, a Singapore-based wealth management fintech targeting the mass affluent, has received its Capital Markets Services License from the Monetary Authority of Singapore, ahead of its public launch later this year.

US AI note taker brand Plaud doubles down in Singapore as its Asia-Pacific headquarters

Plaud, the US artificial intelligence (AI) note taker brand, has on Wednesday announced plans to expand its Asia-Pacific headquarters in Singapore with an investment of over S$10 million ($7.77 million) to strengthens its presence in the region.

Philippines invites Vietnam’s VinFast to expand in economic zone

The Philippines Economic Zone Authority (PEZA) has invited Vietnamese firms, especially electric vehicle (EV) manufacturer VinFast, to explore manufacturing opportunities in its economic zones.

Malaysia’s GreatAsic raises $6.9M to build custom AI chip design capabilities

Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.