Deep Tech
Malaysia’s Petronas enhances E&P technology with two new MOUs
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), through its subsidiary Malaysia Petroleum Management (MPM), has signed two memoranda of understanding (MoUs), to advance technology and operational efficiency in Malaysia’s exploration and production (E&P) sector.
NTU Singapore, Walden International launch $38M fund to support deep tech startups
Nanyang Technological University, Singapore (NTU Singapore) and leading global venture capital (VC) firm Walden International are launching a new venture capital fund to support deep tech spin-offs from the university.
Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund
Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).
Singapore’s Meridian Innovation secures $12.5M to scale operations
Meridian Innovation Pte Ltd, a Singapore-based thermal imaging sensors developer, has announced it has raised $12.5 million in a funding round led by new investors, strategic partners, as well as participation from existing investors.
US’s KLA completes first phase of $200M Singapore operations expansion
United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.
Advantech unveils expanded Singapore office to boost ASEAN presence
Advantech, a global leader in industrial internet of things (IoT) and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore.
AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses
Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).
Yinson Renewables’ 97 MWP Matarani Solar project in Peru commences operations
Malaysia-based Yinson Renewables’ Matarani solar plant in Peru recently entered into its full operational phase, following the commencement of power export and sales in July 2024.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).
Yinson GreenTech’s marinEV commences commercial trials with Hydromover
Malaysia-based Yinson GreenTech’s (YGT) marinEV has announced the start of commercial trials for the Hydromover, marking a critical milestone in the decarbonization of Singapore’s maritime industry.
