On location

As artificial intelligence (AI) is becoming fundamental to drive transformation, Singtel's subsidiary NCS announced Thursday a S$130 million ($102 million) investment over three years to lead change across Asia Pacific (APAC).

Data centers have overtaken industrial, manufacturing and distribution as the top-performing construction sector in Southeast Asia, reflecting the surging demand for digital infrastructure from hyperscalers and cloud service providers, alongside growing interest in sustainable, high-performance facilities, Turner & Townsend said Tuesday.

DHL, the global logistics provider, has reaffirmed its commitment to Malaysia through Strategy 2030, a five-year roadmap aimed at accelerating sustainable growth with an expanded focus on high-value sectors.

Singapore-based EdTech firm Geniebook has achieved three straight quarters of profitability and expands its hybrid strategy with two major acquisitions.

Google Cloud announced Thursday the appointment of Jennifer Ligones as Country Manager of the firm’s business in the Philippines.

Paydibs, a payment solutions provider in Malaysia, has announced its official onboarding by Payments Network Malaysia Sdn Bhd (PayNet) as a Third-Party Acquirer (TPA) for the Financial Process Exchange (FPX).

Pencil Finance, the student loan real-world-asset (RWA) protocol on EDU Chain that is co-incubated by Animoca Brands and HackQuest, announced Thursday the successful issuance of student loan capital raised entirely on-chain via the Pencil Finance platform.

MEASAT Global Berhad (MEASAT), a Malaysia-based spacetech solutions provider, has secured the Indian National Space Promotion and Authorization Center’s (IN-SPACe) authorization to offer its satellite services in India through NewSpace India Limited (NSIL).

ShopBack, a Singapore-based shopping, rewards, and payments platform, announced Tuesday that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS) for digital payments.

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.