News
Singapore’s Empyrean Sky Partners secures $90M for Global Technology Fund
Singapore's venture capital firm Empyrean Sky Partners (ESP) has completed the fastest first close of 2026, raising $90 million toward a $200 million target for its Global Technology Fund.
Malaysia sets new technology risk rules for payment service providers
Malaysia’s central bank has issued a policy framework outlining updated requirements for managing technology risks in the payment sector.
Malaysia’s CUSTA raises $4.3M to scale custom products across SEA
CUSTA, a Malaysia-based businesses customization platform, has raised approximately $4.3 million in capital, including a Pre-Series A equity round co-led by Delight Ventures and Global Brain.
China’s ByteDance gets access to top Nvidia AI chips in Malaysia – report
TikTok’s Chinese parent, ByteDance Ltd, is reportedly assembling significant computing power outside China using top Nvidia chips, according to a Wall Street Journal report on Thursday.
Kenanga sees Malaysia’s logistics sector benefits from e-commerce boom, trade shifts
Malaysia's domestic logistics sector fared better amid Middle East tensions as the country is a beneficiary of booming e-commerce and trade diversion on US-China trade tensions, Kenanga Research said Thursday.
China’s JinkoSolar terminates $1.5B project in Vietnam due to US tariff on PV panels
China's JinkoSolar, one of the largest solar module manufacturers in the world, has voluntarily terminated its $1.5 billion photovoltaic panel project in Vietnam's northern coastal province of Quang Ninh.
Vietnam can become UAV manufacturing hubs with supply chain strength: Minister
Vietnam is capable of becoming a global unmanned aerial vehicle (UAV) manufacturing hub, thanks to its strengths in workforce, supply chain, affordable cost, and high domestic demand, said Minister of Science and Technology Nguyen Manh Hung.
Singapore Singtel AI platform RE:AI, California-based Cohesity partner on AI search for backup data
Sovereign AI cloud platform RE:AI of Singapore-headquartered Singtel Digital InfraCo has partnered with California-based Cohesity to develop a service that enables enterprises to convert backup archives into searchable data sources for artificial intelligence applications.
Singapore’s Grab provides immediate, interim relief for drivers as oil price surges
Beyond this initial one-time support, Tan said the company is in active discussions with governments, petrol companies, and EV partners to secure more sustainable, long-term ways to protect its "driver- and delivery-partners’ earnings."
Bridge Data Centers to invest up to $3.9B to boost Singapore’s AI infrastructure
Singapore-based hyperscale operator Bridge Data Centers plans to invest between S$3 billion ($2.35 billion) and S$5 billion ($3.92 billion) alongside global partners to strengthen Singapore’s role as a leading artificial intelligence (AI) hub in the Asia-Pacific region, as demand for computing capacity accelerates.
