News
Australia’s Tuas ends $1.1B M1-Simba telco merger in Singapore
Australia's Tuas Limited, the parent firm of Singapore telecommunication heavyweight Simba Telecom, has terminated the merger between Simba and M1.
Singapore, ADB renew partnership to accelerate cross-border clean energy in Southeast Asia
The Asian Development Bank (ADB) and the Energy Market Authority of Singapore (EMA) have renewed their memorandum of understanding (MOU) for another three years to support the development of cross-border energy projects in the Association of Southeast Asian Nations (ASEAN), including those exporting electricity to Singapore.
Capital A’s ADE secures $100M financing from QNB to accelerate expansion
Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Malaysia-based Capital A, announced Friday that it has secured a $100 million financing facility from QNB Group, a financial institutions in the Middle East and Africa, to accelerate its expansion.
Vietnam’s renewable energy startup Stride raises $15M in Series B round as Touchstone partially exits
Vietnam-based solar energy startup Stride has raised $15 million in a Series B funding round, while early investor Touchstone Partners announced a partial exit from the company.
SC and Bursa Malaysia propose Leap Market enhancements
The Securities Commission Malaysia (SC) and Bursa Malaysia Securities Berhad (Bursa Malaysia) have on Monday proposed enhancements to Bursa Malaysia’s LEAP Market, the main platform for early-stage and emerging companies.
Singapore’s Doozy Robotics raises seed funding for global AI expansion
Doozy Robotics, the Singapore-based physical artificial intelligence (AI) humanoid company building autonomous industrial workforces, announced Thursday a coordinated global expansion across the United States, GCC, and Asia, marking its next phase of growth ahead of a planned Series A.
Amazon plans over $33B AI, cloud infrastructure investments in Southeast Asia by 2039
Global technology firm Amazon said Thursday that its investments into cloud and artificial intelligence (AI) infrastructure across Indonesia, Malaysia, Singapore, and Thailand are expected to reach over $33 billion by 2039.
Singapore launches refreshed Industry Digital Plan to help marine and offshore energy companies leverage digital, AI solutions for growth
The Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA) have on Tuesday launched a refreshed Marine & Offshore Energy Industry Digital Plan (M&OE IDP) to support over 1,000 companies in their digital transformation efforts.
PH’s BNPL firm Billease joins LenderLink’s Credit Intelligence Network
Billease, the Philippines' Buy Now Pay Later platform, has joined LenderLink’s Credit Intelligence Network, expanding real-time access to borrower data across the Philippines’ lending ecosystem.
Malaysia issues statutory demand to TikTok over failure to moderate offensive content targeting Royal Institution
The Malaysian Communications and Multimedia Commission (MCMC) has on Thursday issued a Statutory Demand to TikTok following the platform’s failure to take sufficient and timely action in moderating offensive and defamatory content directed, as well as fake accounts against the Malaysian Royal Institution.
