News

Singapore Polytechnic seals nine partnerships to strengthen talent, industry transformation in technology sector

Singapore Polytechnic has inked nine partnerships with organizations from industry, academia and professional associations to strengthen talent and industry transformation in the technology sector of the city state.

Bukalapak maintains positive adjusted EBITDA amid increased revenue

PT Bukalapak.com Tbk, the Indonesian e-commerce company, has maintained positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) amid increased revenue the first half.

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

FCC Philippines signs long-term solar deal with Peak Energy

FCC (Philippines) Corp., a subsidiary of Japan's FCC CO., LTD. has signed a long-term solar agreement with Singapore-based renewable assets operator Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.

Malaysia’s Batik Air teams up with China’s YeePay on travel payments

Malaysia-based budget airline Batik Air and YeePay, one of China's payment service providers, have signed a strategic Memorandum of Understanding (MOU) to strengthen connectivity between China and Malaysia through integrated digital payment and air ticket distribution solutions.

Southeast Asia’s shift to digital payments accelerates as merchant searches jump – PayMongo

As digital commerce matures in Southeast Asia, the region's shift to digital payments is accelerating as merchant searches jump, according to a PayMongo’s analysis of five years of Google Trends data across six markets: Singapore, the Philippines, Indonesia, Malaysia, Thailand, and Vietnam.

Singapore Central Bank’s Chief sees sustainability of AI investment boom a key risk for financial market

The Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun said Tuesday that he sees the sustainability of the artificial intelligence (AI) investment boom as one major uncertainty for financial markets and financial stability.

US nuclear services firm EXCEL launches Vietnam subsidiary with offices in Hanoi, Ho Chi Minh City

The United States-based EXCEL Services Corporation has established EXCEL Services Vietnam, a new subsidiary supporting Vietnam's nuclear power development.

US-based T1 Energy acquires TOPCon solar patents from Singapore’s Evervolt for $135M

US-based solar manufacturer T1 Energy (NYSE: TE) has acquired foundational solar patents and other intellectual property from Singapore-based Evervolt Green Energy Holding for a total consideration of $135 million.

AutomationSG launches TIA-Ready framework for trusted industrial artificial intelligence

AutomationSG, a professional trade association in Singapore representing companies and professionals in the automation, internet-of-things (IoT), and robotics sectors, has on Wednesday launched the Trusted Industrial AI Ready (TIA-Ready) Framework.