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StateSquare Capital to acquire controlling stake in Singapore’s Advanced Integrated Manufacturing
Singapore's private equity firm StateSquare Capital is acquiring a controlling stake in Advanced Integrated Manufacturing Corp. Pte Ltd (AIM), a Singapore-based aerospace and defense electronics manufacturing services (EMS) platform.
Ant Digital Technologies strengthens AI infrastructure in Malaysia to boost local customer service capabilities
ZOLOZ, the flagship artificial intelligence (AI) product of Ant Digital Technologies, has announced the launch of its operations hub in Malaysia, which will upgrade its local service offerings, accelerate response times, and enhance on-the-ground processing capabilities to better serve Malaysian customers.
AI’s impact is bigger than we think
Every major technological shift throughout history follows the same pattern: many cling to what they know, while a smaller group adapts early and captures the gains. What makes this moment different is speed. The velocity of business is increasing faster than at any point in recent memory.
Digital Realty expands innovation lab network to Singapore, Japan and London to accelerate AI and hybrid cloud implementation
Digital Realty, the global cloud- and carrier-neutral data center platform, announced Wednesday the expansion of its Digital Realty Innovation Lab (DRIL) into Singapore, Japan and London.
IFC invests $40M in Malaysia’s Zetrix AI to improve access to digital public infrastructure services
The World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a $40 million equity investment in Zetrix AI Berhad, to improve access to Digital Public Infrastructure (DPI) services in Malaysia and emerging markets in the broader ASEAN region and beyond.
Mambu expands payments hub into Indonesia, the Philippines, Malaysia and Singapore
Mambu, a global software as a service (SaaS) cloud banking platform, announced Wednesday the expansion of its Payments Hub solution into a number of territories including Indonesia, the Philippines, Malaysia and Singapore, marking the first time the platform will be available to customers in Asia.
Maybank sees Sea’s Monee well positioned to benefit from AI-driven payment
Despite the artificial intelligence (AI)-related Shopee uncertainties, Maybank Investment Bank sees Monee well positioned to benefit from AI-driven payments while also capturing a portion of Shopee’s monetization upside.
IFC commits $25M to Seraya Partners Fund II to support sustainable infrastructure development in Southeast Asia
The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed $25 million to Seraya Partners Fund I, a private equity infrastructure fund managed by Seraya Partners, to support sustainable infrastructure development in Southeast…
Vinfast Middle East inks deal with PlusX Electric to strengthen EV ownership experience in the UAE
Vietnam-based electric vehicles (EVs) maker VinFast announced Monday the signing of a memorandum of understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the United Arab Emirates (UAE).
Singapore’s Crypto.com receives US trust bank approval
Singapore-based Crypto.com announced Monday that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter Foris Dax National Trust Bank, d.b.a. Crypto.com National Trust Bank.
