News

Artificial intelligence (AI)’s momentum is accelerating as social media is increasingly important for brand discovery, and ad spend has increased significantly across digital, social and influencer, Meltwater said Monday.

East Ventures, a venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital and private equity firm headquartered in South Korea, have on Monday announced the first close of their $100 million Southeast Asia fund.

To support sustainable development and advance Indonesia’s journey to a low-carbon future, the International Finance Corporation (IFC) has announced its first sustainability-linked loan in the country, which will be used to expand green building certification of the portfolio of PT Nirvana Wastu Pratama (NWP), a leading retail and logistics property…

Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective.

Malaysian satellite solutions provider MEASAT Global has partnered Chinese low earth orbit (LEO) satellite operator Shanghai Spacesail Technologies (formerly Shanghai Spacecom Satellite Technology) to advance LEO satellite services.

Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services.

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the global financial data and market infrastructure provider, to access comprehensive market data from SIX and enhance its financial information business.

Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in Singapore, DC Tuas.

Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility.

Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for A$65 million ($40.83 million) cash.