Singapore

Malaysian telecommunications firm Telekom Malaysia (TM) is partnering Nxera, the regional data center arm of Singapore-based Singtel’s Digital InfraCo unit, in a joint venture to develop data centers in Malaysia starting with a sustainable, hyper-connected artificial intelligence (AI)-ready data center campus in Johor.

ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center colocation services provider, has raised SGD 1.75 billion ($1.3 billion) from KKR-led consortium with Singtel, a Singapore-based communications technology group.

RateHawk, a travel tech platform developed by the Dubai-based company Emerging Travel Group., has established its first Asian headquarters in Singapore.

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc.

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.

Pall Corporation, a global filtration, separation and purification technologies firm, has invested approximately $150 million to a manufacturing facility in Singapore to support global semiconductor demand.

Patsnap, a internet protocol (IP) and research and development (R&D) intelligence company headquartered in Singapore, has announced that it has reached a significant milestone of achieving $100 million in annual recurring revenue (ARR), with 20 percent year-over-year growth in 2023.

Octayne Green Fuels (Octayne), a Singapore-based farm-waste to energy venture, has on Wednesday announced it has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of tapping Southeast Asia (SEA)’s vast agricultural sector for primary feedstock to create carbon-neutral fuel alternatives for energy…

Supermom, the Singapore-based parenting data network, said Tuesday it is poised for a year of remarkable expansion, forecasting a 100 percent increase in revenue for 2024 and intensifying its presence across Southeast Asia, particularly Indonesia.

Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.