News
Singapore appoints panel of consultants to strengthen nuclear capability building efforts
The Energy Market Authority (EMA) has appointed a panel of consultants to support Singapore’s preparations for the International Atomic Energy Agency’s (IAEA) Integrated Nuclear Infrastructure Review (INIR) Phase 1 Mission in 2027.
Singapore tightens rules on renewable energy certificate claims
Singapore has updated its standard for renewable energy certificates (RECs), requiring companies to use certificates linked to renewable electricity supplied directly to the country's power grid to substantiate claims of renewable electricity consumption.
Maybank, DBS, IFC back $6B Johor-Singapore renewable energy financing framework
DBS Bank Ltd., the International Finance Corporation (IFC), a member of World Bank Group and Malayan Banking Berhad (Maybank), will back the $6 billion Johor-Singapore renewable energy financing framework.
Vietnam’s EV startup AVES doubles capital to $2.2M, to focus on 3-wheelers
AVES Technology & Green Energy JSC, an electric vehicle (EV) startup in Vietnam, has raised its registered charter capital VND59.1 billion ($2.2 million), nearly double its initial figure of VND30 billion.
Omnichat raises $10M Series A led by Openspace Capital, to scale AI agents
Omnichat, an AI-native marketing and customer experience platform, has raised a $10 million Series A round led by Openspace Capital, with participation from Darwin Ventures and Acorn Pacific Ventures.
Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan
Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.
Libeara agrees to acquire Zodia Markets Jersey unit
Singapore-based Libeara has agreed to acquire Zodia Markets' regulated Jersey dealer, subject to regulatory approval and undisclosed terms.
Citi wins approval for wholly owned China securities firm
Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.
Petronas, TotalEnergies, Mitsui ink deal to develop carbon storage area in Southern CCS Hub
Malaysia-based Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn. Bhd. (PCCSV), TotalEnergies EP CCS Malaysia (TotalEnergies) and Mitsui & Co., Ltd. (Mitsui) have signed a Joint Venture Agreement (JVA) to develop the carbon dioxide (CO2) storage areas offshore Peninsular Malaysia, a key component of Malaysia's…
Bukalapak records positive adjusted EBITDA of $55,088 in third quarter
Indonesian technology firm Bukalapak has recorded positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of IDR 1 billion ($55,088) in the third quarter of 2026, an improvement from negative IDR 18 billion a year ago, continuing the positive adjusted EBITDA trend since the beginning of the year.
