News

B Capital, a global multi-stage investment firm, announced Monday the final close of B Capital Ascent Fund III, L.P. at its hard cap of $500 million in aggregate capital commitments.

The net portfolio value of Singapore's global investment company Temasek reached S$518 billion ($400.3 billion) as at March 31, 2026, representing a doubling of its portfolio over the past decade.

Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to adopt Zetrix as a sovereign-grade blockchain platform.

CCHH, a Nasdaq-listed company primarily operating Chicken Claypot and restaurant franchises, has signed a three-year, $50 million agreement to provide maintenance services for data center infrastructure projects in Malaysia.

AI Singapore, a ministry-run talent development body, has launched the inaugural AI for Good Festival initiative, to expand AI literacy and responsible AI education at scale.

Ant Group has completed a strategic investment in Boohee Health, becoming its largest external shareholder with a stake of over 28 percent, as the two companies deepen cooperation in weight management and AI-driven health services.

Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.

Asia Pacific's share of global medtech demand is expected to reach $132 billion by 2030, growing at 6.9 percent annually and faster than the global market, according to a new report by Bain & Company.

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.