News

Belgium's insurer Ageas has completed the sale of its 30.95 percent stake in Maybank Ageas Holdings, the Malaysian parent of insurer Etiqa, to its partner Maybank for about €1.1B billion ($1.3 billion), ending a 25-year joint venture.

Australia’s VVMF has secured a TGA manufacturing license for its Westmead facility to produce specified viral vectors under GMP standards.

Grab has been pursuing growth through both acquisitions and expansion of its existing businesses, according to the report. Earlier this year, Grab acquired US-based Stash Financial Inc at an enterprise value of US$425 million and bought Foodpanda’s Taiwan operations from Delivery Hero SE for $600 million.

Thailand's Krungsri renewed a five-year agreement with Kyndryl covering core infrastructure, mainframe services, automation and AI-enabled operations.

Anthropic says it disrupted AI-orchestrated cyber operations and unauthorized attempts by labs to extract capabilities from Claude.

Ant International, Mastercard, and Visa will collaborate on common "Know-Your-Agent" standards to verify the AI agents that make payments, as the three payment groups push to let autonomous software transact across their networks.

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.

Malaysia ranked second in Southeast Asia, behind Singapore, in ASEAN Digital Nations Index, an annual digital-development index published by the mobile-industry body GSMA.