News

Singapore’s Agnes AI reaches 2M users in four months since launch

Agnes AI, a next-generation artificial intelligence (AI) agent developed and trained in Singapore, announced Wednesday that it has surpassed 2 million registered global users with approximately 150,000 daily active users since its official launch in July 2025.

Sunway iLabs partners CICC to advance AI technology

Sunway iLabs, the innovation lab and corporate venture capital arm of Malaysia-based Sunway Group, has announced a strategic partnership with China International Capital Corporation (CICC), one of China’s leading investment banks, to advance artificial intelligence (AI) technology and deepen cross-border cooperation between China and Malaysia.

Grab backs May Mobility to expand its AV Technology into Southeast Asia

May Mobility, Inc., the United States-based autonomous vehicle (AV) technology company, will expand its AV Technology into Southeast Asia with Grab Holdings investment.

Pave Bank raises $39M in funding led by Accel

Pave Bank, a programmable commercial bank with a Singaporean holding company, announced Thursday it has raised over $39 million in funding led by Accel.

NITMX, Ant International, Krungthai Bank expand payment connectivity between Thailand and China via PromptPay

Global digital payment firm Ant International and National ITMX (NITMX) will team up to enhance and promote payments connectivity via PromptPay, between Thai merchants and Chinese consumers, which will be launched soon.

SEA’s IPO market rises to $2.5B in third quarter – EY

The Southeast Asia region’s initial public offering (IPO) market stabilized in the third quarter of 2025, with 25 listings raising $2.5 billion in the quarter, up from 22 IPOs raising $700 million in the second quarter of 2025, EY said Wednesday.

MIDA and CIMB collaborate to drive sustainable growth and Malaysia’s next investment wave

The Malaysian Investment Development Authority (MIDA) and CIMB Bank Berhad have formalized a strategic partnership through a memorandum of understanding (MoU) to accelerate high value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

Analysts remain positive on Malaysia’s renewable energy outlook amid fresh catalysts in Budget

Analysts have remained positive on the outlook of renewable energy (RE) in Malaysia, underpinned by positive initiatives in the country's recent budget.

MEASAT, Guodian Gaoke, StarWin form strategic alliance to power Sarawak’s digital ambition with next-gen satellite IoT

MEASAT Global Berhad (MEASAT), a Malaysia-based spacetech solutions provider, is entering a tripartite strategic alliance agreement with Beijing Guodian High-Tech Technology Co., Ltd. (Guodian Gaoke), and China StarWin Science & Technology Co. Ltd. (StarWin) to offer internet of things (IoT) services supported by the Tianqi Low Earth Orbit (LEO)…

CSA releases Addendum to support system owners in securing Agentic AI system

The Cyber Security Agency of Singapore (CSA) has released Securing Agentic AI – an Addendum to the Guidelines and Companion Guide on Securing Artificial Intelligence (AI) Systems for public consultation.