News

Malaysia’s TNB and Siemens Energy join forces in green hydrogen advancements

Malaysian utility firm Tenaga Nasional Berhad (TNB) is partnering with global energy firm Siemens Energy to accelerate the decarbonization of its thermal power plants, utilizing green hydrogen produced from renewable energy (RE) resources.

PayPal invests in Sweef Capital’s SWEEF and Quona Opportunity Fund

United States-listed payment firm PayPal Holdings, Inc. has on Thursday announced that it has invested in Sweef Capital's Southeast Asia Women's Economic Empowerment Fund (SWEEF) and Quona Opportunity Fund to support their shared mission to advance women's inclusion in the global economic and financial system.

GoTo Financial and Bank Jago launch GoPay Tabungan by Jago, a bank account and e-money service combined

GoTo Financial, GoTo's financial technology business unit, and Bank Jago, an Indonesia-listed technology-based bank, have on Thursday launched GoPay Tabungan by Jago, a bank account for daily transactions that can be accessed directly via the GoPay and Gojek applications.

Malaysia releases simplified ESG disclosure guide for SMEs in supply chains

Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Wednesday launched a Simplified ESG Disclosure Guide (SEDG), making Malaysia the first country globally to provide small-to-medium enterprises (SMEs) within global supply chains with a streamlined and standardized set of guidelines in relation to environment,…

Singapore Polytechnic partners MRANTI to catalyze cross border technological progress

Post-secondary education institution Singapore Polytechnic has partnered the Malaysian Research Accelerator for Technology & Innovation (MRANTI) to foster better knowledge exchange and cross-border insights, contributing to continued progress through internships, joint projects, and international opportunities for students.

East Ventures announces first healthcare fund of $30M

East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Wednesday announced the firm’s first healthcare-focused fund with the amount of $30 million, which is dedicated to supporting innovative healthcare solutions in Indonesia.

UOB Malaysia launches Sustainability Accelerator Program for Malaysian SMEs

UOB Malaysia has launched the Jom Transform - Sustainability Accelerator Program (JT-SAP), which aims to empower Malaysian small and medium enterprises (SMEs) with foundational knowledge and know-how to adopt sustainable practices and accelerate their transition to a low carbon economy.

US-based NVIDIA partners Taiwan’s Foxconn to build factories and systems for the AI industrial revolution

American multinational technology company NVIDIA has on Tuesday announced that it is collaborating with Taiwanese multinational electronics contract manufacturer Hon Hai Technology Group (Foxconn) to accelerate the artificial intelligence (AI) industrial revolution.

Y Combinator-backed stock trading platform Cera rolls out in the Philippines

Cera, a United States stock trading platform backed by Y Combinator, in partnership with Fireblocks, announced its Beta launch, allowing Filipinos and anyone anywhere in the world to invest in US stocks using stablecoins.

REDtone partners UK’s Informed Solutions to supercharge Malaysia’s digitalization agenda

Malaysian digital service provider REDtone Digital Berhad (REDtone) and United Kingdom-based technology solutions provider Informed Solutions have announced a strategic partnership to offer digital transformation platforms and solutions powered by Artificial Intelligence (AI) to supercharge Malaysia’s digitalization agenda.