KANEKA partners BACRE to launch $7M biomass steam plant in Malaysia

Kaneka Malaysia Sdn Bhd and BAC Renewable Energy Sdn Bhd (BACRE) have teamed up to launch MYR 30 million ($7.13 million) biomass steam plant in Gebeng, advancing Malaysia’s…

Petronas delivers Malaysia’s first locally blended sustainable aviation fuel

Petroliam Nasional Berhad (Petronas), a Malaysian oil and gas company, has successfully delivered Malaysia’s first blended sustainable aviation fuel (SAF) to KL International…

Traditional professional services businesses will resemble software companies over time, says Multiplier CEO [interview]

Traditional professional services businesses will resemble software companies over time with AI technology, according to Multiplier Holdings CEO Noah Pepper. AI will handle…

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From risk to resilience: Why nature-based solutions must be on every CEO’s agenda

While it may seem like climate risk is a concern for countries and their governments near and far, communities and those that live in them, the risk climate change poses to…

OCBC Malaysia invests $2.37M in AI upskilling

OCBC Malaysia, a unit of the Singapore-based OCBC Group, is investing over MYR 10 million ($2.37 million) a year in people development programs, with a significant focus on…

Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers

PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers.

TVM Capital Healthcare announces first closing of its $150M Southeast Asia Fund

TVM Capital Healthcare, a global private equity investor and operator specialized in healthcare growth capital across emerging markets, announced Wednesday the first closing of…

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Asia’s creative boom is rewriting what it means to be literate

Asia’s digital storytellers must have a space at this table. Because if they have proven one thing in recent months, it’s that when young creatives are trusted and supported, they…

11 startups backed by Sanabil Accelerator by Orbit advance innovation across MENA

These startups each received $100,000 in initial funding as part of the accelerator, along with access to follow-on investment, mentorship, and Orbit’s global network to scale…

MDV targets $71.06M in energy transition financing by year end

Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) of…

Ant International, AlipayHK, TNG eWallet team up to launch payment safety partnership to protect cross-border digital transactions

Ant International, a Singapore-based global digital payment firm, AlipayHK, Hong Kong’s e-wallet, and TNG eWallet, Malaysia’s e-wallet, are initiating the Digital Wallet Guardian…

Teleport partners with Shipsy on AI to boost Southeast Asia supply chain visibility

Teleport, a Malaysia-based integrated eCommerce logistics firm, has announced its partnership with Shipsy, an artificial intelligence (AI)-native, transportation management system…

Vantage Data Centers secures $1.6B investment in APAC platform from GIC and ADIA

Vantage Data Centers, a global provider of hyperscale data center campuses, announced Thursday that it has secured a $1.6 billion investment to scale its Asia-Pacific (APAC)…

AirAsia MOVE expands its list of airline partners to include Air Macau

AirAsia MOVE, the digital arm of Malaysia-based Capital A, has partnered with Air Macau, making the airline a direct partner on the MOVE platform.