Duc Dao

The share of Malaysian businesses that consistently use at least one AI tool rose to 38 percent from 27 percent a year earlier, according to "Unlocking Malaysia's AI Potential 2026" study commissioned by Amazon Web Services, though most remain limited to basic applications.

Neocrete, a New Zealand company that develops technology to cut the carbon and cost of concrete, has raised $3.5 million in a funding round led by returning investor Wavemaker Ventures, with participation from Icehouse Ventures and new investor Catalytic Capital for Climate and Health, a vehicle backed by Temasek Trust.

Carousell Malaysia, under Singapore-based recommerce platform Carousell, has added SPX Express, the courier affiliated with the e-commerce platform Shopee, as a delivery option on its marketplace, giving sellers label-free parcel drop-off at more than 1,000 SPX service points across West Malaysia.

Timah Partners, a Singapore-based holding company that buys small and medium-sized enterprises from retiring owners, has secured a S$60 million ($47 million) debt facility to fund acquisitions in Singapore.

GoTyme Bank has enabled Apple Pay for its customers in the Philippines, becoming the first digital bank in the country to offer the service, its card processor Paymentology said in a statement on Tuesday.

Tencent Cloud, the cloud unit of Chinese technology giant Tencent, will establish its first cloud region in Malaysia, comprising up to three availability zones in Johor, and will work with a local university to train more than 1,000 people in AI and cloud skills.

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

Equinix, a data center operator based in the United States, has signed its fourth renewable energy power purchase agreement in Singapore since 2024, an agreement with Flo Energy Singapore for at least 11.5 MWp of solar power.

Chinese payments and digital-services company Alipay launched China's first full-stack agentic commerce platform, giving merchants tools to move from digital operations to services run by AI agents, at a partner conference in Hangzhou.

The share of Singapore enterprises using agentic AI tools more than doubled to 51 percent in 2026 from 22 percent a year earlier, according to an annual survey by the United States-based workflow software firm ServiceNow.