PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: MediaTek (2454 TT) developed active optical cable technology with Microsoft Research to improve data centre efficiency

TAIWAN

Asustek Computer (2357 TT) - Co. showcased key components of its AI-driven smart city initiatives at a Taipei trade show as it targets opportunities in sovereign AI infrastructure. (Taipei Times)

Far EasTone Telecommunications (4904 TT) - Co. is seeking to expand its smart city-related services into Southeast Asia to drive growth beyond traditional telecom operations. (Taipei Times)

MediaTek (2454 TT) - Co. developed active optical cable technology with Microsoft Research to improve data centre efficiency. (Newswires)

SINGAPORE

ComfortDelGro (CD SP) - Co. will raise taxi fares and introduce Zig app booking fees from March 24th to May 31st to support drivers facing higher fuel costs linked to the Middle East conflict. (Straits Times)

Marco Polo Marine (MPM SP) - Co. said its indirect subsidiary secured its first long-term charter contract in Taiwan valued at approximately TWD 2.9bln. (Business Times)

Olam Group (OLAM SP) - Co.’s wholly-owned unit Olam Food Ingredients secured its inaugural dual-tranche syndicated loan facility valued at EUR 1.1bln. (Business Times)

Singapore Telecommunications (ST SP) - Co. experienced a second mobile service disruption in as many days, affecting some users. (Business Times)

Suntec REIT (SUN SP) - Co.’s new sponsor Tang Organization plans to undertake a comprehensive strategic review of the trust’s portfolio. (Business Times)