News

American technology conglomerate Microsoft announced Tuesday the opening of its first cloud region in Indonesia, called Indonesia Central.

Mober, a green logistics services firm in the Philippines, announced Tuesday it has expanded its operations to Thailand, marking a significant milestone in the company’s regional growth strategy towards championing greener delivery solutions in Southeast Asia (SEA).

Quadria Capital, a Singapore-based premier healthcare-focused private equity firm, announced Monday the final close of its Fund III with $1.07 billion in total commitments, significantly exceeding its original $800 million target.

Home Team Science and Technology Agency (HTX) and Google Cloud have signed a strategic collaboration agreement to bolster the Singapore agency’s capabilities across a wide range of artificial intelligence (AI) areas.

In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.

Greenprint (Gprnt), a Singapore-based sustainability reporting and data platform company, has raised $4.62 million in seed funding from strategic investors Ant International and MUFG Bank.

MY E.G. Services Berhad (MYEG), Malaysia’s e-government and digital services provider, has on Monday signed a memorandum of understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (SGTraDex), Singapore’s digital infrastructure for trade data exchange, to enhance digital trade connectivity between the two countries.

U Mobile, Malaysia’s Next Gen 5G network provider, has announced the appointment of Telekom Malaysia Bhd (TM), the enabler of a Digital Malaysia, as its key fiber backhaul partner to accelerate the deployment of its 5G network in the country.

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network and central infrastructure provider, has signed a memorandum of understanding (MoU) with the Fintech Association of Malaysia (FAOM), the country’s fintech industry body, to collaboratively advance innovation and drive growth within Malaysia’s financial technology (fintech)…

Lazada, a Singapore-based eCommerce platform, announced Monday an annual investment of $100 million in the Lazada Affiliate Program (LazAffiliate Program) in Southeast Asia.