News

TikTok Shop targets 1,000 Singapore sellers, 3,000 creators for training as GMV grows 1.7x

TikTok Shop plans to train at least 1,000 local sellers by the end of 2027 and more than 3,000 creators by the end of 2026 for the e-commerce ecosystem in Singapore, according to a statement of TikTok on Tuesday.

Malaysia’s Qmed Asia, Intel to jointly build unified hospital patient monitoring platform

Malaysia's Qmed Asia and United States chipmaker Intel will cooperate to develop a unified patient monitoring platform for hospitals, combining Intel's Patient Monitoring Hub Reference Implementation with Qmed Asia's healthcare software to consolidate fragmented bedside data into a centralized Smart Ward dashboard.

Vietnam’s FPT becomes OpenAI partner to deploy GPT-5.6 in cybersecurity, enterprise workflows

Vietnam's technology giant FPT has become an OpenAI Select Partner within the OpenAI Partner Network, with a focus on integrating OpenAI's frontier AI capabilities into FPT's cybersecurity platforms and enterprise workflows.

Honda’s EV losses to approach $12.5B across fiscal years 2026-2027

Japan's Honda Motor is set to book ¥1.97 trillion ($12.5 billion) in EV-strategy losses across fiscal years 2026 and 2027, equal to roughly three years of operating profit and more than a full year of total R&D spending.

Funding Societies secures new financing facility from Malaysia Debt Ventures Berhad

Funding Societies announced Monday that it has secured a new working capital financing facility from Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance of Malaysia, to support technology-driven and underserved Malaysian small and medium-sized enterprises (SMEs) through its platform.

Macnica acquires major stake in digital and enterprise software consultancy Orangeleaf Consulting

Japanese technology firm Macnica, Inc has acquired a major stake in Orangeleaf Consulting Holdings Co. (OLC), a Singapore-registered, Malaysian-founded digital transformation and enterprise software consultancy with operations across Malaysia, Japan and Singapore.

Singapore’s Bitdeer signs $4.7B Norway data center deal with AI infrastructure startup Volta

Singapore-headquartered Bitdeer Technologies has signed a 16-year colocation lease and services agreement with Volta Tydal AS, a subsidiary of AI infrastructure platform Volta, to deliver 121 IT megawatts at its Tydal campus in Norway.

SAP appoints Ellian Teo as Managing Director for Malaysia

Global software firm SAP SE announced Monday the appointment of Ellian Teo as Country Managing Director for SAP Malaysia.

Temasek’s GenZero invests in clean energy platform PCG Global

PCG Global, a Singapore-based clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonization globally.

Singapore FinTech Association launches Payments Industry Code of Conduct for Singapore

The Singapore FinTech Association (SFA) together with industry players has on Monday launched its Payments Industry Code of Conduct.