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Asia Pacific medtech demand to reach $132B by 2030, only few companies achieve global scale: Bain report

Asia Pacific's share of global medtech demand is expected to reach $132 billion by 2030, growing at 6.9 percent annually and faster than the global market, according to a new report by Bain & Company.

Google unveils video commerce tools for Southeast Asia as YouTube shopping videos hit 6M

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.

Malaysia’s renewable energy sector remains on track to achieve 32 pct installed capacity target in 2026 – Hong Leong

Malaysia’s renewable energy (RE) sector remains on track to achieve its 32 percent installed capacity target in 2026, Hong Leong Investment Bank Research said Tuesday.

AI data center boom tests Malaysia’s power, water and talent limits – AMRO

Malaysia’s rapid emergence as a regional data center hub amid the global artificial intelligence (AI) boom is creating new strains on power, water and talent resources, raising questions about how sustainable the sector’s growth will be over the longer term, ASEAN+3 Macroeconomic Research Office (AMRO) said Tuesday.

Singapore, Indonesia explore potential collaboration on offtake of imported low-carbon electricity

Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.

PingPong Payments secures Singapore’s in-principle approval for capital markets services license

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.

ESR, MCUDI expand Indonesia logistics partnership to develop assets valued over $80M

ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.

Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.

Singapore’s Minister Josephine Teo, Grab’s founder Anthony Tan join AI for Good Global Commission

Singapore's Minister for Digital Development and Information Josephine Teo and Grab Co-founder and Group CEO Anthony Tan are among more than 40 founding members of the newly-launched AI for Good Global Commission.

Singapore’s fintech M-DAQ integrates with Vietnam’s payment service METech to build ASEAN payment hub

Singapore-headquartered fintech M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments service provider in Vietnam, giving M-DAQ its own regulated payments infrastructure in the country with direct access to Vietnamese dong collection and payout rails.