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Amid US-China tensions, Southeast Asia is attracting global investors seeking safer opportunities, particularly in Singapore and Malaysia, where banking and semiconductors are top picks. The region is poised for increased foreign direct investment despite the absence of a true safe haven.In startup news, Singaporean AI firm Ai Palette has been acquired by UK-based GlobalData to enhance market intelligence capabilities. Additionally, VinFast partners with Bank Negara Indonesia to boost EV adoption, while Indian companies like Felicity Games and Giva secure significant funding for growth.
Southeast Asia is attracting global investors seeking safer bets amid US-China tensions, with Singapore and Malaysia showing strong market performance, particularly in banking and semiconductors. In tech news, Singaporean AI startup Ai Palette has been acquired by UK-based GlobalData, enhancing its market intelligence capabilities. Additionally, VinFast partners with Bank Negara Indonesia to boost EV adoption, while other startups in the region secure significant funding for growth.
GlobalData, a UK-based data analytics firm, has acquired Singapore's Ai Palette, an AI startup focused on consumer packaged goods. Tin Men Capital, Ai Palette's founding investor, confirmed the sale and plans to reinvest the proceeds into regional B2B startups. The acquisition aims to enhance GlobalData's market intelligence capabilities, following months of negotiations.
GlobalData, a UK-based data analytics firm, has acquired Singapore's Ai Palette, an AI startup focused on consumer packaged goods. Tin Men Capital, Ai Palette's founding investor, confirmed the sale and plans to reinvest the proceeds into regional B2B startups. The acquisition aims to enhance GlobalData's market intelligence capabilities, following months of negotiations.
Somsubhra Ganguly
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
southeast asia attracts global investors amid us china tensions and market volatility
10:30 13.03.2025
southeast asia attracts global investors amid us china tensions and market volatility
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10:30 13.03.2025
GlobalData acquires Ai Palette to enhance data analytics in consumer goods
16:32 11.03.2025
GlobalData acquires Ai Palette to enhance data analytics in consumer goods
16:32 11.03.2025
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