TNGlobal Staff

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.

Malaysia's strategic positioning in technology and energy drives its trade surplus to a historic high of 132.77 billion ringgit ($31.99 billion) in January to May, 2026.

Industry veteran Ganesh Kumar Bangah has been appointed as Non-Executive Chairman of Malaysia Digital Economy Corporation (MDEC).

MKS Inc., a global technology firm, has opened its MKS Supercenter Factory in Penang, Malaysia with over MYR 400 million ($96.3 million).