News

Applied Materials, Inc., the US semiconductor firm, has expanded its manufacturing and research and development (R&D) operations in Singapore with the new $500 million to support the global build-out of artificial intelligence (AI) infrastructure.

Visa has announced a suite of new artificial intelligence (AI), stablecoin, and token capabilities at its Payments Forum 2026 in San Francisco.

Silicon Valley-based BizLink Holding is set to acquire Interplex Datacom, a Singapore-headquartered division of Ennovi held by Blackstone, in an all-cash transaction valued at $850 million plus up to $50 million in contingent consideration,

Taiwan's Foxconn and global investment firm Brookfield will jointly develop up to 1 GW of utility-scale wind, solar, and battery capacity in Vietnam, underpinned by long-term power purchase agreements, to support Foxconn's operations and supply chain in the country.

NTT, Inc., SK Group, Chunghwa Telecom Co., Ltd. and Development Bank of Japan Inc. (DBJ) will establish a $500 million IOWN AI Fund aimed at building the IOWN ecosystem and creating new business opportunities through investments in cutting-edge technologies for the artificial intelligence (AI) era.

Malaysia-based Sime Darby Property Berhad has launched its second real estate development fund with up to MYR 1.25 billion ($310 million) for data centers.

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad have on Tuesday launched the MY Value Up Program Guidebook, to help public listed companies (PLCs) create their medium-to long-term value and transform them into globally attractive investment propositions.

RE:AI, the sovereign artificial intelligence (AI) cloud business of Singtel Digital InfraCo, and a global AI data and memory infrastructure provider WEKA, have on Wednesday signed a memorandum of understanding (MOU) to build and deliver sovereign AI infrastructure solutions across Singapore and the broader ASEAN region.

Singapore-based ride-hailing and delivery platform Grab has partnered Enterprise Singapore to launch a new initiative aimed at helping small food and beverage (F&B) businesses improve customer reach and strengthen their digital capabilities amid rising operating costs and intensifying competition.