News

Corporate Malaysia could contribute to doubling venture capital funding to $250 million by 2030, says report

Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday.

New Economist Impact study finds ASEAN enterprises leading in data intelligence

ASEAN enterprises are leading in data intelligence with 74 percent training their large language models (LLMs) with enterprise data, a study showed Monday.

Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.

Moody’s Ratings upgrades Grab’s CFR to B1; outlook remains positive

Moody's Ratings has upgraded the corporate family rating (CFR) of Grab Holdings Inc to B1 from B2 and maintained the positive outlook.

APAC financial regulators and cloud providers conduct first cloud resilience crisis management exercise

Asia Pacific financial regulators and global cloud service providers (CSPs) in the Financial Sector Cloud Resilience Forum, established by the Monetary Authority of Singapore (MAS), conducted a crisis management tabletop exercise on November 6, 2024.

IFC scales up climate financing in Vietnam to support green transition

Boosting its support for Vietnam's green transition and sustainable development, International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year.

Malaysia’s Yinson Renewables launches Matarani solar plant in Peru

Malaysian renewable energy firm Yinson Renewables has officially launched the Matarani solar plant in Peru.

Malaysia’s DF Automation & Robotics bags $ 1.85M funding round led by Vynn Capital

DF Auto has a global client base spanning across Malaysia, Singapore, Thailand, the Philippines, Indonesia, Vietnam, India, Ireland, and Malta.

Empyrion Digital makes first data center investment in Thailand

Empyrion Digital, a global next-generation digital infrastructure platform, has announced its strategic expansion into Thailand to develop a minimum 12MW (IT Load) edge co-location data center in Bangkok.

Indonesia’s Indosat, GoTo launch Sahabat-AI: Indonesia’s open-source LLM

reated by Indonesians, for Indonesians, it aligns with the Golden Indonesia 2045 vision, supporting national leadership in technology and infrastructure. Due to its understanding of local context, Sahabat-AI will enable Indonesians to build AI-based services and applications in Bahasa Indonesia and various local languages, addressing a gap left by global AI…