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Thunes expands Web3 Infrastructure with EURC to enable instant Euro treasury funding
Thunes, the Singapore-based payment firm, announced Thursday the expansion of its stablecoin liquidity management capabilities with the launch of EURC prefunding.
Databricks closes $5B funding round at $190B valuation as revenue run-rate tops $7B
Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.
Malaysia remains Grab’s biggest revenue source with $622M in H1/2026
Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.
Indonesia opens first university-based AI research center at UGM with NVIDIA, Indosat
Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.
Malaysia’s ZUS Coffee said to explore IPO to raise at least $245M — report
Malaysia's tech-enabled coffee chain ZUS Coffee is considering an initial public offering (IPO) of its Malaysia business to raise at least RM1 billion ($245 million).
Maybank sees Shopee margins bottom and enter more sustained expansion phase
Maybank Investment Bank said Wednesday that Singaporean technology firm Sea's results and its management positive expectations have reinforcing its view that Shopee margins have bottomed and are entering a more sustained expansion phase.
Malaysia’s FatHopes Energy and Vietnam’s PVOIL team up for sustainable aviation fuel production
FatHopes Energy, a Malaysian waste-based feedstock solutions for Sustainable Aviation Fuel (SAF) firm, has entered into a strategic partnership with PetroVietnam Oil Corporation (PVOIL) to establish Vietnam’s first nationwide used cooking oil (UCO) collection ecosystem for sustainable aviation fuel production.
Malaysian government-backed VentureTECH invests $7M into three high-growth firms
VentureTECH Sdn. Bhd., a Malaysian government-backed impact investment company, announced Wednesday its strategic investments amounting to MYR 28 million ($7 million) into three Bumiputeraled high-growth, high-value (HGHV) companies.
Dutch chipmaker NXP breaks ground on Malaysia factory, expanding site to 900,000 sq ft
NXP Semiconductors, a Dutch chipmaker, broke ground on a new assembly and test factory expansion in Petaling Jaya, Malaysia, expecting to more than double the facility's output once fully operational.
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
