Author: TechNode Global Staff

Vocalbeats.AI, a Singapore-based artificial intelligence (AI)-powered audio company, has announced a partnership with Nanyang Technological University, Singapore (NTU Singapore) to establish the Vocalbeats.AI‑Turing AI Scholarship.

Asia Pacific (APAC) remains the world’s most wallet led region, with digital wallets accounting for 77 percent of online spend ($ 2.7 trillion) and 63 percent of in-person spend ($6.3 trillion) in 2025 – the highest share of any region worldwide, Worldpay (now Global Payments) said Wednesday.

2026 would be a pivotal year for electric vehicle (EV)-related foreign direct investments (FDIs) in Malaysia following the expiry of completely built-up (CBU) incentives, Maybank Investment Bank said Tuesday.

Exa Labs, the United States-based AI search engine firm, has on Monday announced the opening of its first Asia office in Singapore.

Given the breakthroughs in clean energy and green infrastructure, CIMB Securities firmly believes that the pipeline of data center jobs remains intact in Malaysia, which is on track to become ASEAN’s largest sustainable data center hub.

All five digital banks have collectively served 2.4 million customers, with total deposits of MYR 4.2 billion ($1.04 billion) in Malaysia by end of 2025, its central bank's annual report showed Tuesday.

Groundup.ai, Singapore-based agentic AI for cognitive maintenance, announced Monday it has officially closed a contract exceeding $10 million — the largest in the company’s history.

Malaysia's largest lender Maybank has successfully completed the first transaction under its inaugural pilot project for tokenized deposits and cross-border payments with Yinson Holdings Berhad, a Malaysia-based energy infrastructure company.

The World Bank Group’s private-sector arm, the International Finance Corporation (IFC), is partnering with OCI TerraSus Sdn. Bhd., a subsidiary of South Korea’s OCI Holdings, to build Southeast Asia’s first semiconductor-grade polysilicon plant in Malaysia, backed by $125 million in IFC funding.

The global push for tokenized money is entering a new, more mature phase. According to a recent UOB report, industry expectations are shifting from isolated pilots toward scalable operating models underpinned by five key drivers, captured in the acronym SCALE: Standards, Compliance, Access, Linked infrastructures, and Ecosystem.