On location

Temasek announces Teo Chee Hean to succeed Lim Boon Heng as new Chairman

Singapore's state investment firm Temasek Holdings has announced that former minister Teo Chee Hean will join its Board of Directors as Deputy Chairman on July 1, and succeed Lim Boon Heng, to become its fifth Chairman, on October 9, after the conclusion of its third-quarter board meeting this year.

Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal – report

Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to people familiar with the matter, the report said.

Adyen: over a third of APAC consumers use AI to shop

Over a third of Asia Pacific (APAC) consumers use artificial intelligence (AI) to shop, with adoption across generational groups, Adyen’s research showed Monday.

Taiwan’s PIC, US’s UiPath join forces to boost enterprises with agentic testing

UiPath, a global enterprise automation and artificial intelligence (AI) software company, has announced a new partnership with Taiwan-based information technology (IT) firm President Information Corporation (PIC), to empower enterprises with agentic testing.

SOLS Foundation empowers 1,100 educators, 5,600 students through Malaysia’s first AI and cybersecurity program for TVET

More than 1,100 technical and vocational education and training (TVET) educators and 5,600 students have been upskilled through Malaysia’s first large-scale artificial intelligence (AI) and cybersecurity training initiative the Rakyat Digital – Digital Vocational Education and Training (DVET).

Bank Muamalat launches Malaysia’s first faith and lifestyle-aligned Islamic digital-only bank

Backbase, the global artificial intelligence (AI)-powered banking technology group, announced Thursday that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment.

Alibaba Cloud AI Hackathon Malaysia sparks innovation, collaboration, digital leadership

The Alibaba Cloud Global AI Hackathon made its grand debut in Malaysia as part of the 2025 global series, following its kickoff in Singapore.

DBS, UOB fund $413M data center campus by DayOne-INA in Indonesia

As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.

Singapore’s TOPPAN Security acquires Thailand’s smart card solutions provider dzcard

TOPPAN Security, a Singapore-based secure identity and payment solutions provider, announced Wednesday that it has entered into a definitive agreement to acquire dzcard Group, a Thailand-based provider of smart card solutions and personalization services.

Singapore’s Syfe raises $80M Series C for regional expansion

Singapore digital investment platform Syfe has announced the successful close of its Series C funding round of $80 million.