News
EFS, Planet QEOS and four partners ink $550M deal to build Malaysia’s first renewable energy plant
Malaysia-based solar energy firm EFS Group has joined forces with Planet QEOS and four energy partners in a landmark collaboration to deliver the MYR 2.32 billion ($550 million) Baram DeepTech Energy Program.
VinFast India partners HDFC Bank to offer EV financing solutions
VinFast Auto India, a subsidiary of global electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with HDFC Bank, an Indian private bank, to provide auto and inventory financing for its exclusive dealer network.
Vietnam’s CMC inks $1B data center deal with SAMSUNG C&T
Vietnam's CMC Corporation has signed a memorandum of Understanding (MOU) with Samsung C&T, South Korean enterprise in construction, trade, and technology, to build a hyperscale data center project in Ho Chi Minh City with total investment of $1 billion.
Singapore’s Prefer raises oversubscribed $4.2M Pre-A to fuel international expansion
Prefer, a Singapore-based food tech startup using fermentation to create affordable and sustainable flavors and ingredients, announced Wednesday an oversubscribed $4.2 million fundraising round alongside the commercial launch of its new products: soluble coffee and cocoa powders.
BDC partners JSW to builds Malaysia’s first water reclamation plant for data center
Bridge Data Centres (BDC), a Singapore-based regional provider of hyperscale data center solutions, has partnered with Johor Special Water (JSW) to embark on Malaysia’s first Water Reclamation Plant (WRP) integrated within a data center facility.
Sea’s revenue, earnings rise in second quarter
Singapore-based technology conglomerate Sea Limited has reported higher revenue and earnings in the second quarter, underpinned by growth in all business segments.
ELIVAAS raises $10M in Series B funding led by Vertex Ventures Southeast Asia & India
ELIVAAS, an India-based luxury vacation rental platform, has successfully raised INR 87 Crores ($10.4 million) in its Series B funding round, led by Vertex Ventures Southeast Asia & India.
Antler doubles down on AI with $7.4M in early-stage funding across SEA
Amid a sharp slowdown in early-stage venture capital funding across Southeast Asia, Antler, the global early‑stage venture capital firm headquartered in Singapore, confirmed Wednesday an investment of $7.4 million into startups across Southeast Asia during the first half of 2025.
YTL Power launches Malaysia’s first homegrown AI, ILMU
Malaysia-based YTL Power International Bhd, has on Tuesday unveiled ILMU, the country's first homegrown large language model (LLM).
Nium partners iPiD to advance VoP compliance and global fraud prevention
Nium, the Singapore-based global infrastructure firm for real-time cross-border payments, announced Tuesday the expansion of Verify, its account validation service, in Europe, through a strengthened strategic partnership with iPiD, the provider of the Know Your Payee (KYP) solution, iPiD Node.
