News
Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M
Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.
Animoca Brands receives ADGM final permission to manage collective investment funds
Animoca Asset Management (AD) Limited, a subsidiary of Hong Kong-based Animoca Brands, has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to manage collective investment funds in or from the financial center.
Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform
Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.
Singapore’s NSV raises $53M for inaugural biotech fund, targeting US, Asia
NeoSci Ventures (NSV), a venture builder and investor with offices in Singapore, Taiwan and the United States, has raised S$70 million ($53 million) for its inaugural institutional venture fund.
Cargill and Neptune start robotic hull-cleaning trial in Singapore
Cargill and Neptune Robotics will test AI-enabled robotic hull cleaning and inspection on vessels calling at the Port of Singapore for 18 months.
Keppel connectivity revenue tops S$900 million in nine months
Keppel's connectivity technology-solutions revenue exceeded S$900 million in the first nine months of 2026 as EBITDA rose 110 percent.
Sunrate launches agentic card for AI-driven business payments
Sunrate has introduced a programmable virtual commercial card that lets authorized AI agents execute business payments under predefined controls.
82 percent of founders maintain US expansion plans despite immigration uncertainty – Beyond Border survey
Despite growing uncertainty over US immigration policies, 82 percent of founders surveyed by Singapore-founded immigration platform Beyond Border have not changed their plans to expand into the American market, with access to customers remaining the main driver of their ambitions.
Korea’s KIRA, LG Sinar Mas, Indonesia’s SM+ Data Centers open 21 MW data center in Jakarta
South Korea's Korea Investment Real Asset Management (KIRA), LG Sinar Mas, and Indonesia's SM+ Data Centers have announced that SMX01, a 21-MW AI-ready data center in Jakarta, has reached Ready for Service status.
Malaysia’s Hong Leong Bank adds Alipay+ to payments ecosystem
Malaysia's lender Hong Leong Bank (HLB) is expanding its cross-border payment ecosystem by integrating Alipay+ through Payments Network Malaysia (PayNet), establishing an extensive overseas QR payment networks directly within the HLB Connect App.
