On location
FCC Philippines signs long-term solar deal with Peak Energy
FCC (Philippines) Corp., a subsidiary of Japan's FCC CO., LTD. has signed a long-term solar agreement with Singapore-based renewable assets operator Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.
Malaysia’s Batik Air teams up with China’s YeePay on travel payments
Malaysia-based budget airline Batik Air and YeePay, one of China's payment service providers, have signed a strategic Memorandum of Understanding (MOU) to strengthen connectivity between China and Malaysia through integrated digital payment and air ticket distribution solutions.
Southeast Asia’s shift to digital payments accelerates as merchant searches jump – PayMongo
As digital commerce matures in Southeast Asia, the region's shift to digital payments is accelerating as merchant searches jump, according to a PayMongo’s analysis of five years of Google Trends data across six markets: Singapore, the Philippines, Indonesia, Malaysia, Thailand, and Vietnam.
Singapore to retain top Southeast Asia data center status despite capacity constraints – BMI
Singapore is expected to retain its position as Southeast Asia's premier data center hub despite mounting power and land constraints, but stricter sustainability requirements will continue to limit new capacity and push more investment into neighboring Malaysia and Indonesia, BMI Country Risk and Industry Research said in its recent report.
Singapore Central Bank’s Chief sees sustainability of AI investment boom a key risk for financial market
The Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun said Tuesday that he sees the sustainability of the artificial intelligence (AI) investment boom as one major uncertainty for financial markets and financial stability.
US nuclear services firm EXCEL launches Vietnam subsidiary with offices in Hanoi, Ho Chi Minh City
The United States-based EXCEL Services Corporation has established EXCEL Services Vietnam, a new subsidiary supporting Vietnam's nuclear power development.
US-based T1 Energy acquires TOPCon solar patents from Singapore’s Evervolt for $135M
US-based solar manufacturer T1 Energy (NYSE: TE) has acquired foundational solar patents and other intellectual property from Singapore-based Evervolt Green Energy Holding for a total consideration of $135 million.
AutomationSG launches TIA-Ready framework for trusted industrial artificial intelligence
AutomationSG, a professional trade association in Singapore representing companies and professionals in the automation, internet-of-things (IoT), and robotics sectors, has on Wednesday launched the Trusted Industrial AI Ready (TIA-Ready) Framework.
Driven by fundamentals, not valuations: Khazanah-backed PolicyStreet CEO outlines strategy after $26M Series C
Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.
US to invest $2.5B in Southeast Asia, including AI initiative, $1.5B in energy
The United States is investing more than $2.5 billion in Southeast Asia, headlined by a new artificial intelligence (AI) initiative to export American AI technology across the region and a $1.5 billion platform to build out energy infrastructure.
