TNGlobal Staff

Malaysia's property firm Malton has entered into a memorandum of understanding (MOU) with NVIDIA cloud partner Ricloud to establish artificial intelligence (AI) compute centers in Malaysia.

Allianz Global Investors (AllianzGI) announced Tuesday the first close of Allianz Asia Pacific Secured Lending Fund III (AAPSLF III), securing commitments of $744 million.

Google Cloud has on Tuesday named veteran tech executive Karim Siregar as Country Director for Indonesia.

The Monetary Authority of Singapore (MAS), Clifford Capital, and the Private Infrastructure Development Group (PIDG) announced Wednesday that the Energy Transition Acceleration Finance partnership (ETAF) has achieved its first close with $250 million in committed capital for its displacement strategy.

Malaysia and China have agreed to deepen cooperation in science, technology and innovation (STI), with both countries expanding collaboration in emerging technologies such as artificial intelligence, biotechnology, renewable energy and advanced materials.

Google Cloud announced Tuesday the appointment of Saruj Thipsena as Country Manager of Thailand, who will lead the company’s go-to-market strategy, customer and partner engagement, and business operations.

Thailand’s data center sector is set to sustain strong medium-term growth, driven by a rapidly expanding pipeline of hyperscale investments and supportive government policies, even as execution risks around power supply, grid readiness and costs begin to emerge, BMI Country Risk & Industry Research said Monday.

The ASEAN+3 Macroeconomic Research Office (AMRO) said Malaysia’s digital finance ecosystem is entering a more mature phase but faces key structural challenges, including fintech profitability pressures, rising cyber risks and regulatory gaps in fast-growing credit segments such as buy-now-pay-later (BNPL).

Singapore-based digital asset infrastructure firm Libeara, announced Tuesday the successful close of a $14 million strategic funding round led by global market maker GSR.

Singapore-based transport operator ComfortDelGro Corporation Limited announced Monday the launch of public rides on its Zig Driverless shuttles in Punggol, marking its second autonomous public service globally after its robotaxi pilot in Guangzhou, China.