News

Indonesia launches digital innovation hub to accelerate digital solutions

Bank Indonesia (BI) has initiated the Indonesia Digital Innovation Hub (PIDI) in collaboration with the Indonesia Financial Services Authority (OJK), Indonesia Payment System Association (ASPI), Indonesia FinTech Association (Aftech), Indonesia Money Market and Foreign Exchange Market Association (APUVINDO) and Indonesian Banking Development Institute…

U Mobile inks three-year 5G wholesale contract with Telekom Malaysia

U Mobile, a Malaysia-based 5G network provider, has signed a three-year 5G wholesale contract with Telekom Malaysia Berhad (TM), following a structured evaluation process.

TruFin secures strategic investment led by Singapore-based SC Ventures

Global fintech firm TruFin has announced a strategic investment led by Singapore-based SC Ventures, the venture building and investment arm of Standard Chartered, with participation from FalconX and Road Capital.

SoftBank joins QAI Ventures to build Singapore quantum hub

QAI Ventures, the Switzerland-based investor and ecosystem builder in quantum and advanced computing technologies, is launching a specialized industry cluster in Singapore to accelerate the commercialization of quantum-classical hybrid computing, backed by strategic partnerships with SoftBank Corp. and HorizonX.

Maybank foresees robust pipeline for Malaysia’s renewable energy contracts

The project pipeline for utility-scale solar projects remain robust with the upcoming rollout of Corporate Renewable Energy Supply Scheme (CRESS) and large scale solar 6 (LSS6) projects, Maybank Investment Bank said Monday.

Peak XV announces $1.3B across three new funds for exceptional founders in India, APAC and beyond

Peak XV has announced the closing of $1.3 billion in new capital commitments across its India Seed, India Venture, and APAC funds.

Singapore’s Diaflow secures seed funding from Insignia Ventures Partners to accelerate AI adoption in business workspaces

Singapore-headquartered workflow automation platform Diaflow announced Tuesday the completion of its seed funding round led by Insignia Ventures Partners, a venture capital firm in Southeast Asia.

Singapore’s Eezee raises $5M pre-Series B to expand across Southeast Asia

Eezee, a Singapore-based based procurement platform focused on enterprise tail-end spend, has raised a $5 million pre-Series B round, led by Korea Investment Partners Southeast Asia, with existing investors such as Kickstart Ventures and Wavemaker Ventures doubling down.

Anaplan launches AWS Data Center in Singapore

Anaplan, the global artificial intelligence (AI)‑driven scenario planning and analytical firm, has announced the launch of its new Amazon Web Services data center in Singapore.

Workday appoints tech veteran Yen Yen Tan to APAC International Advisory Board

Workday, Inc., the enterprise artificial intelligence (AI) platform for managing people, money, and agents, has announced the appointment of Yen Yen Tan to its APAC International Advisory Board (IAB), effective on Monday.