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2025-05-05 14:17:12 -

Analyst remains positive on ASEAN data center build cycle
Maybank Investment Bank has remained positive on ASEAN data center (DC) build cycle and see opportunities in the ASEAN DC supply chain. The research house said in a note on Friday that analyzing global cloud provider capital expenditure (capex) commitments and management commentary suggests little risk of artificial intelligence (AI)/cloud growth and/or their capex levels slowing, mitigating...

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2025-05-25 08:46:27 -

Analyst: Malaysia’s data center interest revives after US AI regulation rollback
The overhang on the data center theme in Malaysia has eased for now, after the United States scrapped its artificial AI diffusion rules that were proposed during the wane of the Biden Administration, RHB Investment Bank said Monday. The research house said in a note that the proposed data center builds in Malaysia will no longer be subject to graphics processing unit (GPU) cap restrictions,...

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2025-01-08 13:23:36 -

Apple still barred from selling iPhone 16 in Indonesia despite investment deal, minister says – report
US-based tech giant Apple still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there, as it has not met domestic content rules, the industry minister said on Wednesday, Reuters reported. Last year, it was reported that Indonesia banned iPhone 16 sales after Apple failed to meet requirements that smartphones sold domestically should comprise...

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2025-02-12 11:18:17 -

Gobi Partners backs ArmourZero to boost cybersecurity for SMEs across Southeast Asia
Gobi Partners, an Asian venture capital firm, has announced a strategic investment in ArmourZero Holdings Pte Ltd, a cloud-based cybersecurity platform offering AI-powered application security and security-as-a-service (SECaaS). The duo said in a statement on Wednesday that this investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with...

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2025-04-01 07:32:26 -

Granite Asia and Integral launch $100M fund for high-growth startups with strong Japanese market access
Granite Asia, a multi-asset investment platform focused on technology, and Integral Corporation, Japan’s publicly listed private equity firm, have announced the formation of Granite-Integral, a joint venture designed to invest in high-growth companies with a strong Japan nexus. Granite Asia said in a statement on last Friday that Granite-Integral launches with an initial committed...

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2025-01-27 23:51:02 -

Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbs
While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment. The research house said in a note that Malaysia’s competitive advantage over its regional peers in the DC space stems in...

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2025-02-05 08:07:06 -

Indonesia’s Alpha JWC Ventures: 2025 provides opportunity for startups to build resilience & refine strategies [Q&A]
As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered...

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2025-02-05 08:21:42 -

SEEDS Capital appoints 20 new partners to catalyze at least $220M of investments into Singapore-based deep tech startups
SEEDS Capital (SEEDS), the investment arm of Enterprise Singapore (EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech startups. Under the Startup SG Equity scheme 1 , SEEDS will set aside S$150 million ($110 million) over the next three years, to catalyze another S$300 million ($220 million) through its private sector partners, in...

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2025-05-10 05:21:31 -

Singapore’s Granite Asia announces $250M first anchor close of private credit strategy
Singapore’s venture capital firm Granite Asia has secured over $250 million in anchor commitments for its private credit strategy, Libra Hybrid Capital Fund, ahead of the official fund launch. The initial commitments include backing from top Asian sovereign wealth funds, as well as capital from Granite Asia’s general partners and its 25-year network of founders and entrepreneurs,...

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2025-05-27 07:35:04 -

Singapore’s Whale secures $60M to expand enterprise AI suite globally
Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million. The firm said in a statement on Monday that in its May 2025 Series C2 round, the firm brought in new strategic investors, including BOSCH Ventures, MTR Lab, Singtel Innov8,...

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2025-03-20 07:53:58 -

Thailand approves $2.7B data center and cloud services projects
The Thailand Board of Investment (BOI) has on Monday approved $2.7 billion data center and cloud services projects. BOI said in a statement that the board has approved three data center and cloud services projects, by three different operators, which will be respectively located in Bangkok, Chonburi, and Rayong. The projects, which include one hyperscale data center, represent a combined...

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