News

Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.

J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.

Aquilius Investment Partners, a Singapore-based provider of secondaries solutions in the Asia Pacific region, completes fundraising of its second real estate secondaries flagship fund, AIP Secondary Fund II L.P. (AIP SF II) at $1.1 billion.

OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.

YTL Power International Berhad, the subsidiary of Malaysia's conglomerate YTL Corporation, has completed its artificial intelligence (AI) data center facility in partnership with NVIDIA at the 600MW YTL Green Data Center Park in Kulai.

Ant International, a Singapore-based global digital payment firm, announced last Thursday a strategic investment in R2, an embedded lending infrastructure company in Latin America (LATAM), to expand access to credit for small and medium-sized enterprises (SMEs) across the region.

The Asian Infrastructure Investment Bank (AIIB) has signed cooperation agreements with Maybank, CIMB, AmBank and BPMB to jointly mobilize up to $6 billion in financing for sustainable and technology-enabled infrastructure projects across the ASEAN region.

Razorpay Curlec, the Malaysia-based payment firm, has partnered with NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), to bring India’s Unified Payments Interface (UPI) to Malaysia.

Malayan Banking Berhad (Maybank), Malaysia’s largest financial services group, has on Wednesday reaffirmed its commitment to support the nation’s digital banking adoption, having facilitated more than MYR 4 trillion ($950 billion) in digital transactions in five years, since the launch of its MAE app in 2020.

Denodo, a global data management firm, has signed a strategic Memorandum of Understanding (MOU) with ST Engineering Mission Software Systems, a Singapore-based company of global technology, defence and engineering group ST Engineering, to jointly advance data science and artificial intelligence (DSAI) technologies.