On location
Singapore’s K25.ai secures $2M strategic investment from NIVF
K25.ai, a Singapore-based artificial intelligence (AI)-native live streaming and watch-to-predict platform, announced Thursday that Nasdaq-listed NewGenIVF Group Limited has made an initial $2 million strategic investment in the firm.
AMRO flags resource strains, limited spillovers from Malaysia data centers
Despite positive spillovers to economic growth and employment, several challenges lie ahead, such as natural resource constraints, limited domestic value added, and questionable impact on long-term employment, the ASEAN+3 Macroeconomic Research Office (AMRO) said Wednesday.
Australia’s Tuas ends $1.1B M1-Simba telco merger in Singapore
Australia's Tuas Limited, the parent firm of Singapore telecommunication heavyweight Simba Telecom, has terminated the merger between Simba and M1.
Singapore, ADB renew partnership to accelerate cross-border clean energy in Southeast Asia
The Asian Development Bank (ADB) and the Energy Market Authority of Singapore (EMA) have renewed their memorandum of understanding (MOU) for another three years to support the development of cross-border energy projects in the Association of Southeast Asian Nations (ASEAN), including those exporting electricity to Singapore.
UOB Kay Hian foresees elevated orderbook in Malaysia’s RE driven by over 6.5GW of solar plant-ups
UOB Kay Hian expects total solar photovoltaic (PV) capacity to exceed 6.5GW over 2026 t0 2029 as the Malaysian government calls for tenders for the Large Scale Solar 6 (LSS6) and the take-off of Corporate Renewable Energy Supply Scheme (CRESS) projects.
Capital A’s ADE secures $100M financing from QNB to accelerate expansion
Asia Digital Engineering (ADE), the maintenance, repair and overhaul (MRO) subsidiary of Malaysia-based Capital A, announced Friday that it has secured a $100 million financing facility from QNB Group, a financial institutions in the Middle East and Africa, to accelerate its expansion.
Vietnam’s renewable energy startup Stride raises $15M in Series B round as Touchstone partially exits
Vietnam-based solar energy startup Stride has raised $15 million in a Series B funding round, while early investor Touchstone Partners announced a partial exit from the company.
SC and Bursa Malaysia propose Leap Market enhancements
The Securities Commission Malaysia (SC) and Bursa Malaysia Securities Berhad (Bursa Malaysia) have on Monday proposed enhancements to Bursa Malaysia’s LEAP Market, the main platform for early-stage and emerging companies.
Singapore’s Doozy Robotics raises seed funding for global AI expansion
Doozy Robotics, the Singapore-based physical artificial intelligence (AI) humanoid company building autonomous industrial workforces, announced Thursday a coordinated global expansion across the United States, GCC, and Asia, marking its next phase of growth ahead of a planned Series A.
Amazon plans over $33B AI, cloud infrastructure investments in Southeast Asia by 2039
Global technology firm Amazon said Thursday that its investments into cloud and artificial intelligence (AI) infrastructure across Indonesia, Malaysia, Singapore, and Thailand are expected to reach over $33 billion by 2039.
