News
AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses
Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).
MAS establishes International Advisory Panel for cyber and technology resilience
The Monetary Authority of Singapore (MAS) announced Wednesday the establishment of a Cyber and Technology Resilience Experts (CTREX) Panel.
AirAsia Drone partners GIT Academy to equip licensed tourist guides with essential drone knowledge
Malaysia-based Capital A's unit AirAsia Drone has on Wednesday announced its collaboration with GIT Academy, a Malaysia's tourist guide training academy licensed by the Ministry of Tourism, Arts and Culture (MOTAC).
Market for AI products and services could reach up to $990B by 2027 – Bain & Co’s report
In addition to the need for more data centers, the AI-driven surge in demand for graphics processing units (GPUs) could increase total demand for certain upstream components by 30 percent or more by 2026, Bain predicted.
Indonesia’s GoTo introduces in-app AI voice assistant Dira supported by Google Cloud
A key focus of the collaboration is the launch of Dira, GoTo’s AI-based voice assistant that leverages Google Cloud gen AI technologies, on the GoPay app.
IFC invests $100M in sustainability-linked bond issued by Central Pattana in Thailand
As part of efforts to accelerate the green transition in Thailand, International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of the leading retail-property developers in the country.
Singapore’s audax Financial Technology and Synpulse establish strategic partnership
This joint solution provides a dual-mode approach to banking infrastructure modernisation, designed to seamlessly coexist alongside the existing infrastructure of incumbent financial institutions.
Aptos Foundation partners The Ignition AI Accelerator to drive advancement of AI startups in APAC
Aptos Foundation will be providing resources and support for AI startups in the accelerator, opening doors to emerging technologies and providing them with access to global markets.
Singapore’s cybersecurity firm Blackpanda bags $6.7M strategic Investment, co-led by Singtel Innov8 & Gaw Capital
The financing will accelerate Blackpanda's expansion across Asia.
Malaysian firms to adopt National Sustainability Reporting Framework to enhance sustainability disclosures
Malaysian companies will need to adopt the National Sustainability Reporting Framework (NSRF), developed by the Advisory Committee on Sustainability Reporting (ACSR), which is set to enhance the state of sustainability disclosures in Malaysia, the Securities Commission Malaysia (SC) said Tuesday.
