TechNode Global Staff

American multinational computer technology company Oracle has on Wednesday announced plans to invest more than $6.5 billion to open a public cloud region in Malaysia to meet the rapidly growing demand for artificial intelligence (AI) and cloud services in the country.

The Securities Commission Malaysia (SC) will introduce a regulatory sandbox and enhance its regulatory framework to encourage securities tokenization to help spur innovations in the capital market.

Google has on Tuesday launched its first data center and cloud region in Malaysia. With construction underway in Elmina Business Park, Selangor, the $2 billion investment in its data center and cloud infrastructure will help meet growing demand for Google Cloud capabilities and AI innovations, and other digital products and services in Malaysia.

Malaysian Prime Minister Anwar Ibrahim said Tuesday that the country plans to create a national cloud policy and artificial intelligence (AI) regulatory framework.

Malaysia-based information technology (IT) and eServices firm Dagang NeXchange Berhad (DNeX) and Google Cloud have on Monday announced a multi-year agreement to deliver next-generation sovereign cloud services in Malaysia.

Google has on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand with the development of its cloud and data center infrastructure in Bangkok and Chonburi.

Singapore FinTech firm Sleek has secured $5 million in debt financing, led by the Singapore-based Fintech Nation Fund, to power its continued growth.

ALVA, a mobility solution provider for two-wheeler electrification, has on Monday announced a strategic collaboration with Google Cloud aimed at boosting customer experience, loyalty, and demand for its electric two-wheelers.

Malaysia-based technology firm HeiTech Padu has proposed to acquire 30 percent stake in Islamic payment firm Souqa Fintech for MYR 16.17 million ($3.94 million).

Enterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI) and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding (MOU) to expand Singapore’s network with the global offshore wind sector and foster more project and innovation opportunities between Singapore and international…