Singapore Temasek bets big on AI: targets 10–15% AI allocation in portfolio by 2031

Temasek, Singapore's state investment company, plans to lift its direct AI exposure from about 6 percent of its current portfolio to 10-15 percent by March 2031.

Danantara launches Waste-to-Energy Plant in Bali

State investor Danantara Indonesia has chosen Bali as the first site for its Waste-to-Energy Plant (PSEL) development, as the state investment agency expands its focus on…

Singapore’s e-commerce growth stays strong, ride-hailing faces fuel pressure – Maybank

Maybank Investment Bank has expected e-commerce competition in Singapore to remain stable and growth elevated in the second half. However, it sees ride hailing services may see…

Malaysia accelerates EV push with focus on affordability, infrastructure and local ecosystem

Malaysia is stepping up efforts to accelerate electric vehicle (EV) adoption by improving ownership affordability, expanding charging infrastructure and strengthening the domestic…

MAS proposes rule changes to speed up approval of new fund types

The Monetary Authority of Singapore (MAS) has proposed regulatory changes aimed at accelerating the approval of new retail fund products, as part of efforts to support innovation…

AI demand powers Malaysia tech outlook despite risks – analysts

Artificial intelligence (AI) and data center-related demand is expected to remain the key growth driver for Malaysia’s technology sector in the second half of 2026, supported by…

SMU launches research initiative on capital markets

Singapore Management University (SMU) has on Tuesday launched the Singapore Capital Markets Initiative (SCMI) to position Singapore at the forefront of a rapidly evolving global…

Nestlé to invest $688M in AI-powered smart factory in Samut Prakan, Thailand

Thailand's Board of Investment (BOI) has approved a $688 million investment by Nestlé (Thai) Co., Ltd. to construct a smart factory and distribution center in Samut Prakan…

Maybank Indonesia Syariah, Muslim Pro launch embedded Islamic banking service powered by audax

Maybank Indonesia Syariah and Muslim Pro have launched Amanah Pro, an embedded Islamic banking experience that allows users of the Muslim Pro app to open a Shariah-compliant Hajj…

Philippines’ Kickstart Ventures join Sprout.ai’s Pre-Series A $9M funding round

Sprouts.ai, an AI-native startup delivering Revenue Agents for B2B enterprises through a proprietary go-to-market (GTM) data layer, has raised $9 million in Pre-Series A funding.