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Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
Singtel partners Nscale to unlock GPU capacity globally to accelerate AI adoption
Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.
Singapore’s Validus secures up to $50M facility from HSBC to strengthen digital lending for MSMEs in Indonesia
Validus, a digital small and medium-sized enterprise (SME) lending platform headquartered in Singapore, has on Monday announced the establishment of a debt facility of up to $50 million from HSBC under the ASEAN Growth Fund strategy. The funding is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing…
ESR completes phase 1 of its $2B, 130 MW Cosmosquare data center campus in Central Osaka
Hong Kong-based new economy real estate manager ESR Group Limited has on Thursday announced that it has successfully completed the core and shell of its flagship data center project, ESR Cosmosquare OS1 Data Center (OS1), in Nanko Kita, Osaka, Japan.
Singapore’s Crypto.com partners Standard Chartered to launch global retail services
Singapore-based cryptocurrency exchange company Crypto.com has unveiled its global retail services from its Dubai Hub via a partnership with global bank Standard Chartered.
Singapore’s GIC acquires logistics facility in Yokohama, Japan
GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.
Digido : adoption of fintech services through mobile apps to reach nearly 80 percent in the Philippines by end of 2024
The adoption rate of financial technology in the Philippines through mobile apps among the population aged 15 years old and above may increase to 79.5 percent or approximately 66.4 million unique users by the end of 2024, new analysis from consumer credit service Digido revealed on last Thursday.
Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue
Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.
China’s Zhuhai CosMX invests $230M to build first manufacturing plant in Malaysia
Zhuhai CosMX Battery Co Ltd, a China-based manufacturer of consumer lithium-ion batteries and power lithium-ion batteries, has announced plans to build its first manufacturing plant in Kedah, Malaysia with an investment of MYR 1 billion ($230 million).
Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms
Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.
