News

Taiwan’s UMC unveils new fab expansion in Singapore

United Microelectronics Corporation (UMC), a global semiconductor foundry, has officially unveiled its new fab facility in Singapore in a grand opening ceremony.

Yahoo names Josh Line as Chief Marketing Officer

American proprietary web portal Yahoo has on Tuesday announced the appointment of Josh Line as Chief Marketing Officer (CMO) to lead the company's global marketing strategies, brand positioning, user acquisition, and customer engagement initiatives.

OpenAI to raise $40B in Softbank-led funding at $300B valuation

OpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion.

Granite Asia and Integral launch $100M fund for high-growth startups with strong Japanese market access

Granite Asia, a multi-asset investment platform focused on technology, and Integral Corporation, Japan’s publicly listed private equity firm, have announced the formation of Granite-Integral, a joint venture designed to invest in high-growth companies with a strong Japan nexus.

Temasek renews investment in global animal health firm Ceva Animal Health

Ceva Animal Health (Ceva), the world's fifth-largest animal health company, said the Singapore-based global investment firm Temasek has renewed its investment in the company.

Hong Kong’s ZA Bank appoints Calvin Ng as new CEO

Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27.

QBO Innovation: regional growth booming for Philippine startups in 2024

The Philippine startup ecosystem is experiencing significant growth, with regional hubs expanding across the country, QBO Innovation said Monday.

Singapore’s AnyMind completes acquisition of e-gifting company AnyReach

AnyMind Group, a business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Monday announced the completion of its full acquisition of AnyReach, a Japan-based e-gifting company, through its wholly-owned subsidiary, AnyMind Japan Inc.

Temasek and GIC acquire stake in Singapore-headquartered biotech specialist CRO Novotech

Novotech, Singapore-headquartered full-service biotech specialist clinical research organization (CRO), announced that affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in the company, with the additional capital earmarked to accelerate its global growth.

Malaysia approves $29.64M initial funding for seven ECF, P2P platforms under NIMP2030 strategic CoSIF

The Ministry of Investment, Trade and Industry (MITI) announced last Saturday that a total of seven equity crowdfunding (ECF) and peer-to-peer financing (P2P) platforms have been selected to participate in the New Industrial Master Plan (NIMP2030) Strategic Co-Investment Fund (CoSIF).