TechNode Global Staff
Maybank : EV transition is reshaping Malaysia’s automotive industry
Maybank Investment Bank said Tuesday that Malaysia's automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas like showrooms and service centers, alongside growing interest in EV assembly.
Singapore’s Crypto.com receives MiCA license in Malta
Crypto.com has on Monday announced that its Malta entity has received a markets in crypto assets (MiCA) license from the Malta Financial Services Authority (MFSA).
ADB, Ayala sign $100M financing deal to support electric mobility in the Philippines
The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.
Securities Commission Malaysia launches alternative financing scheme for MSMEs
The Securities Commission Malaysia (SC) has on Monday announced SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the Government e-procurement system.
Momentum Works: TikTok Shop U.S. GMV surpasses $9B in 2024
TikTok Shop’s global gross merchandise value (GMV) surged to $33.2 billion in 2024, more than doubling year-over-year, Momentum Works said Monday.
EVM, Solarvest and PECC2 forge strategic partnership to accelerate renewable energy adoption in Vietnam
Vietnam-based Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (Solarvest) and Power Engineering Consulting Joint Stock Company 2 (PECC2) have forged strategic partnership to accelerate renewable energy adoption in Vietnam through the new direct power purchase agreement mechanism (DPPA) via national grid.
MIMOS partners Masverse to develop blockchain infrastructure for Malaysia
Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.
Temasek backs Databricks in $15B financing to boost AI globally
Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding.
Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbs
While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment.
Global data and AI firm Databricks expands presence in ASEAN by entering Indonesia
Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia.
