News
Singapore’s Thunes appoints new CTPO and CFO to drive global expansion, AI innovation
Thunes, the Singapore-based fintech firm, has on Thursday announced two strategic appointments to its executive leadership team: Guy Duncan joins as Chief Technology and Product Officer (CTPO), and Parvinder Bhatia joins as Chief Financial Officer (CFO).
Indonesian tech giant GoTo beats target with $118M EBITDA in 2025
Indonesian tech giant GoTo Group, known for Gojek and Tokopedia, reported adjusted EBITDA of Rp2 trillion ($118 million) for the full year 2025, exceeding its previously issued guidance of Rp1.8 trillion to Rp1.9 trillion, according to the company’s Wednesday release.
Hong Kong-based Accelerated Infrastructure Capital to build $2.1B AI data center in Vietnam HCMC
Hong Kong-based Accelerated Infrastructure Capital (AIC) will jointly build a $2.1 billion AI data center in Ho Chi Minh City, Vietnam's biggest city, according to the municipal authorities.
UK-based asset manager Gresham House to acquire renewable developer Asia Clean Capital Vietnam
UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.
UOB Kay Hian expects Malaysia’s total solar PV capacity to exceed 6.5GW over 2026 to 2029
UOB Kay Hian expects total solar photovoltaic (PV) capacity in Malaysia to exceed 6.5GW over 2026 to 2029 as the government calls for tenders for the Large-scale Solar (LSS) 6 bidding program and the rollout of corporate renewable energy supply scheme (CRESS) projects.
Singapore sports intelligence startup Aiko raises $1.5M pre-seed
Singapore-based sports intelligence startup Aiko has raised $1.5 million in a pre-seed funding round from private investors as it seeks to expand its real-time data platform for broadcasters and interactive entertainment companies, the firm said on Wednesday.
Singapore’s KAST raises $80M in Series A funding round co-led by QED Investors, Left Lane Capital
KAST, a Singapore-based stablecoin fintech firm, has raised $80 million in a Series A funding round co-led by QED Investors and Left Lane Capital.
Temasek-backed Rhoda AI raises $450M Series A funding to accelerate robotics development
Temasek-backed robotics firm Rhoda AI has raised $450 million in Series A funding to accelerate robotics development and industrial deployment.
CTDC, BGMC and reNIKOLA form green energy alliance for renewable power
Computility Technology (Malaysia) Sdn Bhd (CTDC), BGMC Energy Holdings Sdn Bhd (BGMC), and reNIKOLA have signed a strategic term sheet on Tuesday for a large-scale, long-term green energy supply program, marking a major leap forward for Malaysia’s sustainable infrastructure.
Singapore’s data center firm PDG targets $5B debt raise
Princeton Digital Group (PDG), a Singapore-based data center operator, announced Wednesday a plan to raise up to $5 billion in debt financing this year to fund its contracted capacity across the region.
