News

Khazanah launches Jelawang Capital as national fund-of-funds to accelerate growth of Malaysia’s venture capital ecosystem

Malaysia's sovereign wealth fund Khazanah Nasional Berhad has launched the national fund-of-funds, Jelawang Capital Sdn Bhd, to accelerate growth of Malaysia’s venture capital ecosystem.

BMI : emerging sub-markets in Malaysia’s data center industry will face risks

Emerging sub-markets in Malaysia’s data center industry will face risks, BMI Industry Research said in its recent note.

SymphonyAI and Regulation Asia : AI adoption lag leaves Asian financial institutions vulnerable amid rising financial crime

Artificial intelligence (AI) adoption lag leaves Asian financial institutions vulnerable amid rising financial crime, a new research from SymphonyAI and Regulation Asia revealed Tuesday.

Lazada Whitepaper reveals 88 percent of consumers make purchasing decisions using AI

Lazada Whitepaper has revealed that 88 percent of consumers make purchasing decisions using artificial intelligence (AI), and 83 percent are willing to pay for AI-enhanced shopping experiences.

Animoca Brands partners GEODNET to advance DePIN and precise location technology for Animoca Brands’ ecosystem and the Moca Network

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has announced a partnership with GEODNET, the world’s largest decentralized Real-Time Kinematics (RTK) network, to advance mixed-reality gaming and immersive experiences, and integrate cutting-edge location technology into consumer……

Hong Leong: data center boom to boost Malaysian firms

Hong Leong Investment Research said Wednesday that it sees widespread beneficiaries from Malaysia’s data center boom across sectors such as utilities, construction, renewable energy, sub-utilities, property, plantation and telco.

S&P : EV makers to bet $20B on South and Southeast Asia

Electric vehicle makers is projected to bet $20 billion on South And Southeast Asia (SSEA), S&P Global Ratings said Wednesday.

Indonesia’s GoTo achieves positive Adjusted EBITDA

GoTo expects to capture additional growth in broad user demographics in its core On-Demand Services and Financial Technology segments more cost-effectively across the expansive Indonesian market by leveraging its unique ecosystem that spans the full range of consumer spending.

MAS announces establishment of Global Finance & Technology Network for next phase of FinTech growth

MAS announced Wednesday the establishment of the Global Finance &Technology Network (GFTN) to further strengthen Singapore as a global FinTech hub and enhance global connectivity for impactful innovation in financial services.

Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India

The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.