News
Singapore-based Equator Renewables Asia raises $39M for solar, green hydrogen, sustainable projects in Indonesia
Singapore-based Equator Renewables Asia (ERA), founded by entrepreneur Frank Phuan, has raised S$50 million to develop large-scale solar, green hydrogen and sustainable industrial zone projects across Indonesia.
AirTrunk secures $1.24B green loan for hyperscale data center campus in Tokyo
AirTrunk, Asia Pacific-based hyperscale data center operator, has secured a JP¥191.6 billion ($1.24 billion) green loan to support the refinancing and continued development of its TOK1 hyperscale data center campus in East Tokyo.
DayOne partners Cortical Labs to develop Singapore’s first biological data center
DayOne, a Singapore-headquartered data center developer and operator and Cortical Labs, a biological computing startup in Melbourne, announced Tuesday a partnership to build Singapore’s first major Biological Data Center, a first of its kind outside Australia.
Vietnam’s electric motorbike startup Dat Bike secures $4M funding from local securities firm
Vietnam's electric motorbike startup Dat Bike has secured a $4 million investment from local securities firm Thien Viet Securities JSC, the former announced Monday.
Indosat takes Indonesia women-led AI startups to Vietnam for market expansion
Artificial intelligence (AI) innovations developed by Indonesian women-led startups, such as hospital automation tools and inclusive communication platforms, are approaching Vietnam through a regional expansion initiative led by Indonesia-based Indosat Ooredoo Hutchison under its women-focused innovation program SheHacks.
Vietnam to support up to $570K for “unprecedented” digitalization project
Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.
Malaysia will increase capital flow to innovative start-ups in high value-add sectors
The Securities Commission Malaysia (SC) said Monday that it will increase the flow of capital to innovative start-ups in high value-add sectors such as electrical and electronics, data infrastructure and medical devices.
2026 tech layoffs reach 45,000 in March, more than 9,200 due to AI and automation – RationalFX
Data shows that roughly 9,238, or about 20 percent of the 45,363 tech layoffs recorded worldwide since the start of the year, and have been linked to artificial intelligence (AI) implementation and organizational restructuring, RationalFX said Monday.
SC to develop appropriate regulatory frameworks for alternative assets
Securities Commission Malaysia (SC) said Monday it will develop appropriate regulatory frameworks for alternative assets to provide clarity to market players.
Malaysia’s venture capital and private equity record 21% CAGR between 2020 and 2025
Despite global fundraising headwinds, Malaysia’s venture capital (VC) and private equity (PE) segments grew at a rapid pace, with total cumulative VC/PE committed funds under management recording a 21 percent compound annual growth rate (CAGR) between 2020 and 2025, the Securities Commission Malaysia (SC) said Monday.
