News

Mitsubishi Electric, AWS ink strategic collaboration in digital domain

Mitsubishi Electric Corporation announced on Tuesday that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate and innovate within Mitsubishi Electric’s data center and cloud services businesses.

Singapore’s W Capital Markets raises Series B round at post-money valuation of $31M

W Capital Markets, a Singapore-based corporate finance firm, has raised a Series B round at post-money valuation of S$42 million ($31 million).

Temasek-founded GenZero leads in BeZero Carbon’s $32M Series C funding round

Global carbon ratings agency BeZero Carbon has on Thursday announced a $32 million Series C investment round led by Temasek-founded GenZero, a decarbonization-focused global investment firm headquartered in Singapore, to enable carbon markets through ratings.

NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia

Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.

Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions

Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).

Securities Commission Malaysia ready to collaborate with government on digital finance policy

The Securities Commission Malaysia (SC) has welcomed Malaysian Prime Minister Anwar Ibrahim’s announcement, mentioned during his official visit to Abu Dhabi, to explore a digital finance policy that recognizes cryptocurrency and blockchain technology.

Singapore, Thailand authorities move to block crypto betting site Polymarket – report

Users on social media reported losing access to the site over the weekend.

Aaron Foo steps into new role as Tyme’s Chief Product Officer

Tyme Group, the multi-country digital banking group headquartered in Singapore with over 15 million customers in Africa and South-East Asia, has announced that Aaron Foo, Tyme’s and GoTyme Bank’s Chief Strategy Officer, will be taking on a new role as Tyme’s Chief Product Officer.

JLL expands Asia Pacific data center capital markets platform

Global real estate firm JLL has on Thursday announced a strategic expansion of its data center capital markets platform to align closer with the unique requirements of data center investors, operators, and end-users.

CloudHQ partners ESR to co-develop and operate $2B data center campus in Japan

Hong Kong-based real asset manager ESR Group Limited and global data center provider CloudHQ have entered into a joint venture on $2 billion Cosmosquare data center campus in Nanko Kita, Osaka, Japan.