On location

Cradle partners NIPA to launch Korea-ASEAN AI Development & Startup Competition 2025

The National IT Industry Promotion Agency of Korea (NIPA), in collaboration with the ASEAN Secretariat and Cradle Fund Sdn Bhd (Cradle) under Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), is implementing the inaugural Korea-ASEAN AI Development & Startup Competition 2025.

AIMS completes Cyberjaya Block 3 data center in Malaysia ahead of schedule

Malaysia-based data center firm AIMS Data Center Sdn Bhd (AIMS) has completed its Cyberjaya Block 3 in the country ahead of schedule.

APDCA foresees $34 bln economic output from Malaysia’s data centers

The Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024.

Singapore’s 129Knots and Green Link Digital Bank team up to launch global embedded finance initiative for marine fuel

Singapore's fintech firms Green Link Digital Bank (GLDB) and 129Knots have joined forces to launch a global embedded finance program aimed at unlocking liquidity in the marine fuel industry.

NTT DATA: 93 percent of APAC healthcare decision makers said GenAI accelerates R&D

Research by NTT DATA, a Japan-based business and technology services, revealed Wednesday that 94 percent of respondents say GenAI accelerates research and development (R&D) to enable faster access to new treatments, improved diagnostics, predictive analytics and task automation.

Maxis partners with Aduna to accelerate enterprise innovation through powerful network APIs

Maxis, a Malaysia-based integrated telco, announced Thursday that it has entered a partnership with Aduna, a landmark venture between some of the world's leading telecom operators and Ericsson, to drive the adoption of powerful, standardized network application programming interfaces (APIs) that will accelerate digital innovation for businesses.

Maybank foresees higher revenue and EBITDA y-o-y growth for Sea in the second quarter

Maybank Investment Bank expects Singapore-based Sea's revenues and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to grow 31 percent and 79 percent, respectively year on year in the second quarter.

The SEA mirage: Why Southeast Asia isn’t India 5 years ago

SEA isn’t India’s twin. It’s the fun, chaotic cousin at the wedding - same bloodline, different stories. If you’re a VC or founder trying to paste an SEA thesis into Indian terrain (or vice versa), be ready for the plot twist.

Singapore’s Chocolate Finance secures $15M Series A+ funding to propel regional growth

Singapore-based fintech firm Chocolate Finance announced Thursday that it has successfully closed a $15 million Series A+ funding round as well as attaining regulatory approval to operate in Hong Kong.

Singapore’s Respiree closes $11.6M Series A financing round led by We Venture Capital and ClavystBio

Respiree, a Singapore-based health tech company with artificial intelligence (AI) platforms, has announced the successful closing of a $11.6 million Series A financing round led by We Venture Capital and ClavystBio.