News

Malaysia and Indonesia’s central banks strengthen financial and digitalization ties

Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.

Brookfield, GIC complete record $4.85B acquisition of National Storage REIT

Global investment firms Brookfield and GIC have on last Friday announced the financial close of their acquisition of National Storage REIT (NSR), Australia and New Zealand’s largest owner and operator of self-storage facilities.

Malaysia eyes 7 percent global advanced packaging share by 2035

Malaysia is targeting a 7 percent share of the global advanced semiconductor packaging market by 2035, as the government accelerates efforts to move the industry up the value chain under its National Semiconductor Strategy (NSS).

Intel’s Taiwanese partner Accton to invest $80M more in Vietnam

Accton Technology Corporation, s provider of networking and communications solutions for top-tier networking, computer, and telecommunications vendors, will invest $80 million more in its wholly owned subsidiary, Vietnam Accton Technology Company Limited.

Tencent Cloud, Ryt Bank to jointly power AI conversational banking in Malaysia

Tencent Cloud, a cloud unit of Chinese giant Tencent, has partnered with Ryt Bank, an AI-powered bank in Malaysia, to support conversational banking services for everyday payments.

Intel to expand investment in Vietnam, join hands in workforce training

Intel plans to continue expanding investment in Vietnam while supporting workforce training and the development of the country’s semiconductor ecosystem, a delegation of the American semiconductor giant said to Vietnam’s Ministry of Science and Technology.

Vietnam seeks further cooperation with Amazon Web Services in digital infrastructure, training

Vietnamese Deputy Prime Minister Nguyen Van Thang called for expanded cooperation with Amazon Web Services (AWS) in digital infrastructure and training.

Malaysia must build its own digital capabilities to ensure economic resilience, says Digital Minister

Malaysia’s future economic resilience will depend on its ability to build sovereign digital capabilities rather than merely host foreign technology infrastructure, its Digital Minister Gobind Singh Deo said on Thursday.

Singapore’s workspace provider JustCo files preliminary prospectus for IPO

Singapore's flexible workspace provider JustCo Holdings Pte. Ltd. has lodged a preliminary prospectus with the Monetary Authority of Singapore in connection with a proposed initial public offering (IPO) and listing on the Mainboard of the Singapore Exchange Securities Trading Limited.

Danantara pushes SOE digital transformation to boost efficiency, competitiveness

Danantara Indonesia is accelerating digital transformation across Indonesia’s state-owned enterprises (SOEs) as part of efforts to improve efficiency, strengthen inter-company synergies and enhance national competitiveness amid rapid technological change.