TNGlobal Staff

The additional allocation is expected to benefit around another 9,000 small and medium enterprises (SMEs) including microenterprises to have access to affordable working capital, Bank Negara said in a statement following the tabling of Budget 2027.

Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.

Indian fintech firm Pine Labs announced Tuesday a unified platform for merchants in Singapore that combines payment acceptance, acquiring, instalment payments and customer engagement.

The Dana Impak Report launched on Tuesday also sets out Dana Impak’s catalytic role in crowding in capital and strategic partners alongside Khazanah, reflecting a broader whole-of-Malaysia approach to support the growth of Malaysian companies and entrepreneurs.

To better support SMEs in their innovation journey, EnterpriseSG will invest up to S$120 million ($93.79 million) over the next five years to deepen the capabilities of the enhanced COIs in four additional areas, namely technology discovery, technology adoption, ecosystem connectivity and outreach and industry engagement.

MAS' guidelines provide a comprehensive framework for AI risk management across the financial sector. They apply to all FIs and all forms of AI technologies, while allowing each FI to assess how best to meet MAS’ supervisory expectations based on the nature and scale of its AI use, and the associated risk materiality.

The collaboration brings together EY Malaysia’s global experience in business transformation, digital strategy, AI, governance and industry expertise with SAINS’ deep understanding of the public sector and its longstanding track record in delivering digital solutions that support Sarawak’s development agenda.

The program is available to eligible users of SkyroCredit, Skyro's reusable digital credit line within the Skyro app, the company said in a statement on Wednesday.

MBSB Research has maintained its neutral recommendation on Malaysia’s technology sector, citing strong semiconductor demand driven by artificial intelligence (AI) and data center infrastructure spending, but warned that a severe talent shortage, rising regional competition and potential AI regulation could limit earnings growth.

The artificial intelligence (AI) investment cycle is entering a second phase in 2026, with demand broadening beyond GPUs to inference, AI agents and commercial applications, creating new opportunities across optical connectivity, power, advanced packaging and semiconductor equipment, Kenanga Research said on Monday.