News

EDGNEX Data Centers by DAMAC announces $2.3B AI-focused data center in Jakarta, Indonesia

EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, announced Tuesday the development of a next-generation artificial intelligence (AI)-powered data center in Jakarta, Indonesia, its second in the market.

CelcomDigi partners Bridge Alliance to strengthen commitment to secure digital financial ecosystem through regional API innovation

Malaysian telecommunication firm CelcomDigi Berhad announced Wednesday its partnership with Bridge Alliance, the mobile alliance formed by premier telecommunication operators across Asia Pacific, the Middle East, Africa and Europe.

MediaDonuts by Aleph rebrands as Aleph to boost digital transformation in APAC

Aleph, a global network of digital experts in media, payments, and education, has officially rebranded MediaDonuts to Aleph as part of its efforts to strengthen its presence in Asia Pacific (APAC).

Gen AI could unlock $131B annual value in Southeast Asia’s Ecommerce by 2030: Momentum Works & Lazada report

High adoption of generative artificial intelligence (AI) could unlock $131 billion annual value in Southeast Asia’s ecommerce ecosystem, according to a new report jointly released by Momentum Works and Lazada.

Australia’s Annalise.ai expands into Singapore with major Parkway Radiology deployment

Australian health-tech firm Annalise.ai has on Thursday announced its expansion into Singapore with major Parkway Radiology deployment.

Alibaba Cloud to launch second data center in South Korea

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday it will launch its second data center in South Korea by the end of June 2025 in response to the growing demand for cloud computing and artificial intelligence (AI) services from local businesses.

Malaysia’s regulators roll out the climate finance innovation lab

Malaysian regulators Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) announced Wednesday the rollout of the climate finance innovation lab.

InstaPay Technologies secures Series A2 funding round of $3m to accelerate growth, innovation

Malaysian fintech firm Instapay Technologies Sdn Bhd announced Wednesday the successful completion of a Series A2 funding round of $3 million.

Petronas, JERA expand collaboration for sustainable energy

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) and Japan's power generation company JERA have agreed to expand their collaboration for sustainable energy.

Malaysian fintech firm Paydibs restructures with new digital services focus

Paydibs, a Malaysia-based digital payments firm, has stepped into a new chapter with a future-ready fintech identity, a revitalized leadership team and a bold roadmap aimed at powering the next wave of businesses and small and medium-sized enterprise (SME) growth.