News

LGMS completes acquisition of 27 percent stake in advanced cyber defense technology company Antarex

Malaysia-based cyber security firm LGMS Berhad has completed the MYR 22.68 million ($5.66 million) acquisition of 3.09 million or 27 percent shares in advanced cyber defense technology company Antarex Holdings Sdn Bhd.

J&T Express aims to raise $596M for overseas expansion and technology advancement

Indonesian courier services firm J&T Global Express (J&T Express) said Friday that it is looking to raise around HK$4.65 billion ($596.40 million) through an issue of convertible bonds.

Escalating project cost may delay large scale solar projects in Malaysia – UOBKayHian

UOBKayhian has expected upcoming large scale solar projects in Malaysia, such as the Corporate Renewable Energy Supply Scheme (CRESS) and Large Scale Solar 6 (LSS6) program, to face delays in the signing of power purchase agreements (PPAs) as project costs are expected to rise substantially.

SMU launches institute to strengthen Singapore’s workforce in the age of artificial intelligence

Singapore Management University (SMU) announced Tuesday the launch of the Resilient Workforces Institute (ResWORK), a new university-level research institute advancing workforce resilience and lifelong learning amid accelerating technological change.

9Pay connects Indian travelers to Qr Code payment in Vietnam

Following the Vietnamese Government's official launch of the International Financial Center (IFC) in Danang, Vietnamese fintech firm 9Pay has announced the first phase of their strategy focuses on digital travel solutions, with QR code and stablecoin payments designated as primary projects within the initial sandbox framework.

Singapore skyline SGX SPAC

Singapore launches New Model AI Governance Framework for Agentic AI

The Minister for Digital Development and Information of Singapore Josephine Teo has announced the launch of the new Model AI Governance Framework (MGF) for Agentic AI, at the World Economic Forum (WEF) on Thursday.

Maybank invests $2.5B over the next five years in technology, data, and AI strategy

Malaysia's largest lender Malayan Banking Berhad (Maybank) will invest MYR 10 billion ($2.5 billion) over the next five years in technology, data, and artificial intelligence (AI) strategy.

Alibaba Cloud accelerates global AI partner ecosystem with new incentives, investments

Alibaba Cloud, the digital technology and intelligence firm of Alibaba Group, announced Friday a major expansion of its global partner ecosystem strategy for 2026, building on the momentum of its Partner Rainforest Plan.

Teleport raises $50M pre-IPO capital at $500M valuation to scale model globally

Malaysia-based logistics firm Teleport has signed a subscription agreement with funds managed by HPS Investment Partners on Thursday for the issuance of redeemable convertible perpetual securities (RCPS) to raise a total consideration of $50 million as pre-initial public offering (IPO) growth capital.

Google Cloud launches new cloud region in Thailand with $1B investment

Google Cloud announced Wednesday the launch of its new cloud region in Thailand with $1 billion investment.