Latest news and trends about tech
Malaysia’s ZUS Coffee said to explore IPO to raise at least $245M — report
Malaysia's tech-enabled coffee chain ZUS Coffee is considering an initial public offering (IPO) of its Malaysia business to raise at least RM1 billion ($245 million).
Maybank sees Shopee margins bottom and enter more sustained expansion phase
Maybank Investment Bank said Wednesday that Singaporean technology firm Sea's results and its management positive expectations have reinforcing its view that Shopee margins have bottomed and are entering a more sustained expansion phase.
Malaysia’s FatHopes Energy and Vietnam’s PVOIL team up for sustainable aviation fuel production
FatHopes Energy, a Malaysian waste-based feedstock solutions for Sustainable Aviation Fuel (SAF) firm, has entered into a strategic partnership with PetroVietnam Oil Corporation (PVOIL) to establish Vietnam’s first nationwide used cooking oil (UCO) collection ecosystem for sustainable aviation fuel production.
Malaysian government-backed VentureTECH invests $7M into three high-growth firms
VentureTECH Sdn. Bhd., a Malaysian government-backed impact investment company, announced Wednesday its strategic investments amounting to MYR 28 million ($7 million) into three Bumiputeraled high-growth, high-value (HGHV) companies.
Dutch chipmaker NXP breaks ground on Malaysia factory, expanding site to 900,000 sq ft
NXP Semiconductors, a Dutch chipmaker, broke ground on a new assembly and test factory expansion in Petaling Jaya, Malaysia, expecting to more than double the facility's output once fully operational.
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
SpaceX’s satellite Internet service Starlink officially launches in Vietnam
Starlink, the satellite internet service operated by billionaire Elon Musk's SpaceX, has officially launched commercial service across Vietnam.
Singapore’s STT GDC secures $1.37B green financing for Johor data center campus
ST Telemedia Global Data Centres (STT GDC), a Singapore-based data center operator, has secured a green financing facility of up to $1.37 billion to fund the development of STT Johor, its data center campus in Johor, Malaysia.
What 1,000 EV chargers reveal about making Singapore’s older condos EV-ready [Q&A]
Singapore’s EV transition is creating a new infrastructure challenge for older condominiums. MNL Solutions co-founders Lai Yuan Weng and Sathiyamoorthy Nagarajan discuss load management, MCST approvals, charger economics, and lessons from more than 1,000 deployments.
Singapore’s Graas raises $17 million Series B, acquires product-data startup Trustana
Graas, a Singapore-based retail commerce AI company, has raised $17 million in a Series B round and acquired Trustana, a Singapore-based product-data platform.
