Author: TechNode Global Staff
Maybank positive on Indonesia’s new economy
Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path.
WeChat, TikTok granted licenses to operate in Malaysia
Tech firms WeChat and ByteDance (TikTok) have successfully obtained their licenses to operate in Malaysia, the Malaysian Communications and Multimedia Commission (MCMC) said Wednesday.
Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia
Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country.
TA Securities projects carbon capture tech to attract over $10B in capital expenditures into Malaysia by 2030
TA Securities has estimated that Malaysia's carbon capture technologies could attract over $10 billion in capital expenditures by 2030, in line with the government's National Energy Transition Roadmap (NETR) target of 40-80 million tons per annum (MTPA).
Malaysia’s Gamuda buys land in Port Dickson for data center development
Malaysian construction firm Gamuda Berhad has acquired a land in Port Dickson of Malaysia for MYR 424.4 million ($95.09 million) to develop cloud or data center infrastructure.
Kenanga Research foresees rising electricity costs, energy-saving initiatives to accelerate solar adoption in Malaysia
Kenanga Research said Monday that rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in Malaysia, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
Temasek, EQT to exit Indian renewable energy platform O2 Power
Singapore state-owned investor Temasek and Sweden global investment organization EQT Infrastructure IV have announced the sales of Indian renewable energy platform O2 Power to India-based power firm JSW Neo Energy for $1.5 billion.
Malaysia’s Khazanah invests in Cambrian Fund and Syntiant
Malaysia's sovereign wealth fund Khazanah Nasional Bhd said on Friday it has invested into the Malaysia-based private equity Cambrian Fund and US artificial intelligence firm Syntiant Corp.
Securities Commission Malaysia reprimands Bybit for illegally operating digital asset exchange
The Securities Commission Malaysia (SC) has reprimanded Bybit Technology Limited (previously known as Bybit Fintech Limited) (Bybit), and its Chief Executive Officer Ben Zhou (Yuchen Zhou) for operating a digital asset exchange (DAX) in Malaysia without registration.
65 Equity Partners-backed Tamarind Health offers to privatize Singapore healthcare firm TalkMed
Tamarind Health, a Singapore-based pan-Asian oncology-focused group backed by investors including Temasek unit 65 Equity Partners, is offering S$0.456 ($0.34) per share to privatize cancer specialist TalkMed Group.
