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Google Cloud expands AI-ready data center capacity in Jakarta

Google Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand. The firm said in a statement that this will empower more organizations in Indonesia with access to cloud-based enterprise AI capabilities to drive new competitive advantages, uplift workforce productivity, and enhance...

2025-05-18 02:07:17

Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures

BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia. The firm said in a statement that the round was led by Openspace Ventures – one of the leading investors in Singapore’s tech ecosystem, with...

2025-05-18 02:04:40

Why going local is the smartest global move in fintech

For much of the past decade, globalization was seen as the ultimate path to scale in fintech. A bigger map meant a bigger opportunity set (or so we thought). But the game has changed. We witness regulatory fragmentation intensifying, embedded finance becoming more complex, and user behaviors diverging across regions. All this points at a recently introduced concept of deglobalization, which...

2025-05-18 02:02:04

Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia

VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round. The firm said in a statement on Wednesday that the investment was led by prominent venture capital firm Granite Asia, joined by new investors Antares Ventures, EDBI, MOL PLUS and PSA Ventures and alongside existing backers İnci Holding, UntroD Capital, Pappas Capital,...

2025-05-18 01:58:52

Quantum DC Advisory foresees Thailand data center infrastructure to rise 17 times to 2GW in next five to seven years

Quantum DC Advisory Chief Executive Officer Joshua Robinson believes that Thailand’s data center infrastructure could increase by 17 times to 2GW from a low base of 120MW over the next five to seven years. Maybank Investment Bank which hosted Robinson said in a note that Robinson opined that the growth will be driven by demand from domestic consumers (72 million population) and...

2025-05-18 01:54:10

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales

Singapore’s tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth. The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago. The firm’s total adjusted earnings before...

2025-05-18 01:49:49

Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansion

Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds. The duo said in a statement on last Wednesday that under the agreement, UOBVM managed funds will hold an approximately 12 percent stake, becoming a substantial shareholder....

2025-05-13 16:53:07

Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion

Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital. Partners Group said in a statement on Tuesday that Digital Halo is a Singapore headquartered data center operator focused on Southeast and North Asia, and Partners Group plans to...

2025-05-13 16:48:59

Brinc launches Brinc Korea with acquisition of Next Stage Venture Studio

Brinc, the global venture accelerator with a portfolio spanning climate tech, AI, and IoT, has officially entered the South Korean market by acquiring Next Stage Venture Studio, a Seoul-based accelerator launched in 2024. The acquisition marks the first time a global accelerator has acquired a domestic accelerator in South Korea, signaling Brinc’s deepening commitment to strengthening...

2025-05-13 16:46:52

Vietnam’s VinFast collaborates with four Philippine partners for service network expansion

Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official signing of collaboration agreements with four partners in the Philippines: Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite. These partnerships are expected to play a key role in helping VinFast reach its goal of establishing over 100 authorized service workshops across...

2025-05-13 06:25:19

Cyber resilience: Current and future trends

In recent years, the threat landscape has grown alarmingly in sophistication. Ransomware gangs operate like businesses selling ransomware as a service (RaaS), nation-states weaponize cyber capabilities, and artificial intelligence is facilitating attacks at an unprecedented scale and precision. Emerging technologies like quantum computing and 5G networks are creating innovative defense...

2025-05-13 05:41:15

Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee

Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee. Sea said in a statement that located at Rochester Commons, the new headquarters for Monee spans 10 floors and over 200,000 square feet. It will initially accommodate over...

2025-05-12 08:49:38

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