News

Singapore healthtech start-up Kyberlife closes $3M investment round

Kyberlife, a Singapore-based business to business (B2B) healthcare e-commerce platform, has on Wednesday announced it has raised $3 million in its latest investment round led by Singapore venture capitalist firm 5I Ventures.

Indonesian e-commerce firm Bukalapak reports 7 percent q-o-q increase in revenue in Q4 of 2024

Indonesian e-commerce firm PT Bukalapak.com Tbk announced Wednesday that its revenue rose 7 percent quarter-on-quarter in the fourth quarter of 2024, primarily driven by a strong 21 percent increase in marketplace revenue.

Airbus, M1, CitiCall team up to launch Airbus Agnet in Singapore

Global aerospace and defense company Airbus, Singapore's telecommunications firm M1 Limited and digital radio services firm CitiCall Communications have signed a memorandum of understanding (MoU) to introduce Agnet, a next-generation, state-of-the-art mission-critical communication application, to the Singapore market.

Equinix issues first green bonds in Singapore, raising $375M to advance sustainability initiatives

Equinix, Inc, the global digital infrastructure company, announced Tuesday its issuance of S$500 million ($375.43 million) in green bonds in its inaugural offering in the Singaporean market.

ADB, Vinschool sign $150 million sustainability-linked loan

The Asian Development Bank (ADB) has led and signed a $150 million syndicated sustainability-linked loan with Vinschool Joint Stock Company, an educational subsidiary of Vietnam's conglomerate Vingroup.

HashKey secures license to expand crypto service offerings in Hong Kong

HashKey Capital, a Hong Kong-based institutional asset manager investing in blockchain technology and digital assets, has obtained a Type 1 license from the Hong Kong Securities and Futures Commission (SFC), further expanding its regulated capabilities under the SFC.

Tencent Cloud collaborates with Mega Berjaya Teknologi to accelerate Indonesia’s digital transformation

Tencent Cloud, the cloud business of global technology company Tencent, has announced the signing of a memorandum of understanding (MoU) with Indonesian cloud service company Mega Berjaya Teknologi, to support the acceleration of Indonesia’s digital transformation.

Sweden’s Vilja expands into Vietnam

Vilja Solutions, the Nordic market leader of cloud-native composable core banking solutions, is expanding into Vietnam after now establishing an ASEAN headquarter and development center in Kuala Lumpur, Malaysia.

BYD unveils battery system that charges an EV in five minutes – report

BYD’s new EV platform will allow cars to reach 100km per hour in two seconds.

NTT DATA commissions Malaysia, India, Singapore Transit subsea cable

NTT DATA, a Japan-based digital business and technology services firm, announced Monday the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025.