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Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers

PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers.

TVM Capital Healthcare announces first closing of its $150M Southeast Asia Fund

TVM Capital Healthcare, a global private equity investor and operator specialized in healthcare growth capital across emerging markets, announced Wednesday the first closing of its $150 million TVM Healthcare Southeast Asia Fund (SEA Fund).

MDV targets $71.06M in energy transition financing by year end

Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia, is targeting total approvals of MYR 300 million ($71.06 million) in financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of…

Ant International, AlipayHK, TNG eWallet team up to launch payment safety partnership to protect cross-border digital transactions

Ant International, a Singapore-based global digital payment firm, AlipayHK, Hong Kong’s e-wallet, and TNG eWallet, Malaysia’s e-wallet, are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments.

Teleport partners with Shipsy on AI to boost Southeast Asia supply chain visibility

Teleport, a Malaysia-based integrated eCommerce logistics firm, has announced its partnership with Shipsy, an artificial intelligence (AI)-native, transportation management system provider, to integrate a last-mile transport management system into the Teleport Network.

Vantage Data Centers secures $1.6B investment in APAC platform from GIC and ADIA

Vantage Data Centers, a global provider of hyperscale data center campuses, announced Thursday that it has secured a $1.6 billion investment to scale its Asia-Pacific (APAC) platform.

AirAsia MOVE expands its list of airline partners to include Air Macau

AirAsia MOVE, the digital arm of Malaysia-based Capital A, has partnered with Air Macau, making the airline a direct partner on the MOVE platform.

Robert Walters sees Malaysia is on track to secure over $40B in AI and data center investment by 2030

Malaysia is on track to secure over $40 billion in artificial intelligence (AI) and data center investment by 2030, a new research from global talent solutions partner Robert Walters showed Wednesday.

20 banks join IFC’s green alliance to support sustainable banking transformation in APAC

Twenty commercial banks, collectively managing more than $5.6 trillion in assets, have joined the Alliance for Green Commercial Banks, an initiative of International Finance Corporation (IFC), a member of the World Bank Group.

WGSN expands access of AI-powered platform to Asia

WGSN, a global business intelligence and insights firm, announced Wednesday the expansion of access to its artificial intelligence (AI)-powered fashion buying platform to buyers across Asia’s major markets, including India, China, Japan, Korea, and Southeast Asia.