Latest news and trends about tech
Singapore’s insurtech firm Igloo eyes M&A opportunities as it continues to expand across Southeast Asia [Q&A]
TNGlobal has recently interviewed Igloo Co-Founder and Chief Executive Officer Raunak Mehta, to learn more about its plans in the Philippines, Thailand and across Southeast Asia.
Petronas could sell minority stake in renewable energy unit Gentari – report
Petronas established Gentari in 2022, with the aim of delivering “a suite of renewable energy, hydrogen and green mobility solutions”.
Singapore’s Clime Capital invests in Indonesia distributed solar developer Hijau
Established in 2017, Hijau said it has been a pioneer in Indonesia’s still nascent solar market. With an established track record in delivering solar energy solutions for Commercial and Industrial (C&I) customers, the company is actively expanding its project pipeline to meet the growing demand for sustainable energy.
Singapore’s labor challenge requires all hands on deck
Resource-scarce Singapore has always relied on its people for growth. The nation has long seen a clear link between a strong workforce and a strong economy, but the pandemic drove home the need for greater resistance to potential foreign labor supply disruptions. There is no ‘perfect’ time to pull the levers necessary to shift dependency on foreign labor…
Malaysia’s GHL & JCB expand payment options across Malaysia, Thailand & the Philippines
GHL and JCB announce its strategic partnership, enabling the acceptance of JCB Cards on GHL’s merchant terminals in Malaysia, Thailand and the Philippines.
Singapore’s NextGen.AI bags $343k pre-seed investment from Asiawide Print Holdings
With this new capital fund injection, NextGen.AI aims to advance its research in knowledge-based personalization models to provide and also register its own IP in the company's research work.
Malaysian Central Bank allocates $880M to support MSMEs digitalization and automation
Malaysian Central Bank has allocated MYR 3.8 billion ($880 million) to support digitalization and automation, sustainable and low carbon practices, and agrofood production for micro, small and medium enterprises (MSMEs).
Mitsubishi to invest in Ayala joint venture with stake in Mynt
Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.
Indonesia forms $1.2B battery venture with China’s EV battery maker CATL -report
Indonesia has announced a joint venture with China’s Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production.
Malaysia approves 12 data center projects worth $20.9B greenlit from 2021 to June 2024 – report
The Malaysian Investment Development Board has approved 12 data center investment projects that include data center activities, cloud computing and data hosting with an investment of MYR90.2 billion ($20.9 billion) over the period from 2021 to June 30, 2024, national news agency Bernama reported. The Ministry of Investment, Trade and Industry announced that…
