News

Carro, Asia Pacific’s leading online automotive marketplace, sees the rise of Chinese electric vehicles (EV) in Southeast Asia as a tailwind for its used-car business, a spokesperson at Carro said to TNGlobal.

HKEX has launched AI and semiconductor indexes and licensed the AI benchmark for planned exchange-traded funds in mainland China.

CBRE will pay $610 million upfront for Onnec, with a performance-based earnout of up to $400 million, expanding data-center services in Europe and Asia Pacific.

Singapore-headquartered insurtech firm Igloo plans to grow its platform software business, Igloo Tech Solutions, five-fold over the next two years through organic and acquisition-led growth.

Ailytics, a Singapore vision AI startup, has raised $7.4 million in a Series A round led by Tin Men Capital, an enterprise and frontier technology venture firm.

Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.

As rapid technological advancements reshape economic, regulatory and digital landscapes worldwide, Indonesia faces the challenge of balancing competing priorities while sustaining its digital momentum.

Singapore on Friday broke ground on the S$62.5 million ($48.92 million) Low-Carbon Technology Translational Testbed (LCT), a national facility that will help companies test and scale emerging low-carbon technologies for industrial use.

AnyMind Group, a business-process-as-a-service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced the launch of operations in the United States of America, and will operate out of Los Angeles, California.

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.