News

New data released by global verification provider Sumsub, revealed that healthtech and fintech sectors are the most exposed to the new wave of artificial intelligence (AI)- powered fraud in Asia Pacific (APAC).

NTT DATA, a Japan-based digital business and technology services provider, has entered into a memorandum of understanding (MOU) with Booz Allen Hamilton, a United States-based technology solutions firm, to strengthen cybersecurity solutions in Singapore and the broader Indo-Pacific region.

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform starts 2025 strong, posting earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4.3 million in the first quarter, and continuing the positive momentum from its profitable close to FY2024.

Coursera, a global online learning platform, released its recent annual Global Skills Report, revealing a 183 percent year-over-year increase in Generative AI (GenAI) enrollments in Malaysia, outpacing the Asia Pacific average of 132 percent.

The Malaysia Automotive Robotics and IoT Institute (MARii) and Petroliam Nasional Bhd (Petronas) have forged strategic partnership to drive automotive innovation with artificial intelligence (AI)-powered predictive maintenance technology.

PLUS Malaysia Berhad and Yinson GreenTech Malaysia through their respective subsidiaries Terra PLUS Sdn Bhd and Green EV Charge Sdn Bhd (GEV), have signed a joint venture agreement to develop and operate integrated retail and electrical vehicle (EV) charging hubs at selected locations along the North-South Expressway (NSE).

India-based hospitality technology company OYO has introduced its luxury brand SUNDAY Hotels with two simultaneous openings in Kuala Lumpur and Pantai Cenang of Malaysia.

Malaysia-based Yinson GreenTech and RMS Marine & Offshore Service (Singapore) Pte. Ltd. have signed a letter of intent (LOI) to advance marine electrification and sustainable maritime solutions in Singapore.

Malaysia-based largest banking group Maybank is underwriting MYR 2.5 billion ($590 million), which is one third and the largest share of the biggest syndicated Islamic financing for data centers in Asia Pacific, to support DayOne Data Centers green data centers in the Johor-Singapore Special Economic Zone (JS-SEZ).

Singapore-based DayOne Data Centers has successfully closed its MYR 15 billion ($3.54 billion) equivalent multicurrency financing for sustainable digital infrastructure funding.