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Singapore’s GIC leads US’s Temporal Technologies’ $105M funding

Temporal Technologies, the US-based creators of the open source Durable Execution platform Temporal.io and the enterprise-grade managed service Temporal Cloud, announced Wednesday a secondary transaction valuing the company at $2.5 billion.

Malaysia’s Edelteq secures strategic investment from KMP, forms semiconductor inspection venture

Malaysia's technology firm Edelteq has secured strategic investment from Kumpulan Modal Perdana Sdn. Bhd (KMP), a tech-focused venture capital firm wholly owned by the Malaysian government.

Temasek’s ClavystBio backs UK biotech Cirrus Therapeutics’s $11M funding

Cirrus Therapeutics, an United Kingdom-based ocular immunology-focused biotech, announced Wednesday the close of an $11 million seed financing to advance its pipeline of gene and cell therapies aimed at improving quality of life and extending the ocular healthspan of patients with chronic blinding diseases.

Indonesia’s digital bank YUP raises $32M in C-1 round, bringing total equity funding to over $100M

Indonesia's digital bank Yup has recently secured $32 million in their latest equity funding through its C-1 round, backed by US investment firms including Moore Strategic Ventures, Spice Expeditions and Platanus.

SC-led committee issues illustrative sustainability reports to guide companies on ISSB standards

Securities Commission Malaysia (SC)'s Advisory Committee on Sustainability Reporting (ACSR) has on Tuesday issued the Illustrative Sustainability Reports (ISRs) based on the ISSB Standards, to support sustainability disclosures under the National Sustainability Reporting Framework (NSRF).

APAC’s next big security risk: AI agents are fuelling identity debt

Organizations must invest in secure authorization flows built for the AI environment, instead of bolting AI agents onto outdated authentication methods. Only by prioritizing identity-first strategies for AI agents can organizations stay secure and ahead of attackers.

VinFast India partners with State Bank of India for EV financing solutions

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MoU) with State Bank of India, the largest bank in India, to provide inventory financing for its exclusive dealer network.

AlphaTON to acquire 51 percent stake in Animoca’s gaming arm GAMEE

AlphaTON Capital Corp., a global digital asset treasury company, intend to acquire 51 percent stake in GAMEE, a wholly owned subsidiary of Hong Kong-based gaming firm Animoca Brands.

UOB rolls out organization-wide upskilling initiative for AI-enabled workplace

Singaporean bank UOB announced Wednesday an organization-wide artificial intelligence (AI) upskilling and reskilling initiative to future-proof its workforce.

Kenanga sees Malaysia’s technology firms well placed to ride global recovery

Against a backdrop of resilient semiconductor momentum, accelerating artificial intelligence (AI)/ high-performance computing (HPC)-driven capital expenditure (capex), firmer autos, and contained tariff risk, Kenanga Research has turned positive on Malaysia's technology sector and foreseen the firms are well placed to ride the global recovery.