TechNode Global Staff

Hong Leong foresees Malaysia’s data center momentum to continue in the second half

Hong Leong Investment Bank Research has foreseen the data center (DC) growth narrative in Malaysia remains firmly in place in the second half, serving as a strong growth driver for renewable energy (RE) adoption and construction investments in the country.

Singapore launches Pathfinder program to help financial institutions adopt AI

The Monetary Authority of Singapore (MAS) has launched the Pathfinder program, or PathFin.ai, to support financial institutions (FIs) to adopt artificial intelligence (AI).

HSBC Malaysia provides first $15M asset backed lending to boost Carsome’s growth

HSBC Malaysia said Wednesday that it has recently provided its first asset based lending (ABL) facility of $15 million, to Carsome Certified Sdn Bhd to finance the purchase of refurbished vehicles that would be sold to retail customers.

Singlife partners GXS Bank to embed insurance for the digital bank’s first investment product

Singapore-based financial services company Singlife announced Wednesday a partnership with GXS Bank to embed insurance coverage for the bank’s first investment product on GXS Invest.

East Ventures foresees 50 percent of businesses to begin implementing GenAI by 2027

As the global artificial intelligence (AI) movement gains momentum, it is anticipated that by 2025, 25 percent of businesses will begin implementing Generative AI (GenAI), with projections rising to 50 percent by 2027, East Ventures said Wednesday.

TNG Digital partners Kakitangan.com to simplify salary payment with digital financial access

TNG Digital Sdn. Bhd., Malaysia's largest integrated fintech player, has partnered with Kakitangan.com, a human resource solutions provider, to offer businesses a smarter and more inclusive way to disburse salaries, especially to unbanked and underserved workers.

Airwallex: Singapore consumers lead the way in cross-border eCommerce adoption

Singapore consumers lead the way in cross-border eCommerce adoption, expect transparency and trust at checkout, new Airwallex study revealed Wednesday.

Maybank sees Indonesia’s new tax has minimal impacts on e-commerce platforms

Maybank Investment Bank said Wednesday that it sees minimal impact from Indonesia's new tax on e-commerce platforms as it believes consumers can absorb the 0.5 percent tax.

Singapore, UK collaborate on energy transition, sustainable infrastructure investments in SEA

Singapore and the United Kingdom (UK) have announced a collaboration on last Sunday to drive clean energy transition and advance the development of sustainable infrastructure across Southeast Asia.

MIDF: Malaysia’s curbs on US-origin AI chips unlikely to affect data center investments

MIDF Research said Tuesday that Malaysia's curbs on US-origin artificial intelligence (AI) chips unlikely to affect data center investments in the country.