TechNode Global Staff

Macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy, especially for players reliant on discretionary consumer spending, Maybank Investment Bank said in its note on last Thursday.

KAF Digital Bank has on last Friday started the onboarding of selected public customers with the commencement of the PERINTIS phase, marking a significant step towards redefining Islamic digital banking in Malaysia.

Payments Network Malaysia (PayNet) has expanded Program Akar, its national talent development initiative, with a new phase focused on artificial intelligence and data science.

Global cryptocurrency company Luno has expanded its list of digital assets with the launch of two new coins - Algorand and NEAR Protocol in Malaysia.

SenseTime, a global artificial intelligence (AI) software company, and the Faculty of Law at The Chinese University of Hong Kong (CUHK), have signed a memorandum of understanding (MoU) to promote the collaborative advancement of technology and law, enhance the accessibility of legal information, and build further public good through inclusive technology.

U Mobile, Malaysia’s next generation 5G network provider, has signed a term sheet agreement to appoint Celcom Timur Sabah (CT Sabah), a provider of high-speed fiber optic infrastructure in Sabah and WP Labuan, to deploy 5G leased circuits in the state and federal territory.

Creador, a Malaysia-based private equity firm in South and Southeast Asia, has announced the acquisition of up to 13 percent in FPT Long Chau Investment JSC (Long Chau), one of Vietnam’s leading pharmacy chains.

SquareX, a Singapore-based cybersecurity startup, has announced the closing of a $20 million in Series A funding led by SYN Ventures, a venture capital firm focused on cybersecurity investments.

M3 SG Pte Ltd, the holding company of Sin Chew Woodpaq Pte Ltd, a logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management to accelerate regional expansion and innovation in specialized logistics solutions.

Enstack, the Philippines-based artificial intelligence (AI) powered, no-code eCommerce and growth platform for small and medium-sized enterprises (SMEs), has announced a strategic partnership with Dyna.Ai, a Singapore-based AI solutions provider, to build and deploy localized AI-powered solutions across the country and the Southeast Asia region.