News
EY launches ey.ai Innovation Center in Penang of Malaysia
Ernst & Young Consulting Sdn. Bhd. (EY Malaysia) has launched its ey.ai Innovation Center in Penang, marking a significant milestone to advance Malaysia’s position as a strategic hub for artificial intelligence (AI) innovation and capability building.
Singapore’s digital economy GMV to reach $29B in 2025 – report
Singapore’s digital economy gross merchandise value (GMV) is projected to reach $29 billion in 2025, up 7 percent from 2024, driven by strong momentum in key sectors, a report showed Tuesday.
Thailand approves $3.1B data center projects
Thailand Board of Investment (BOI) has approved investment privileges for projects worth a combined 100 billion baht ($3.1 billion) in value, including data center projects by several international investors.
NTU Singapore, Zero Gravity team up to launch $3.84M research center for decentralized AI technologies
NTU Singapore and Zero Gravity (0G), a decentralized artificial intelligence (AI) infrastructure company, have announced a S$5 million ($3.84 million) partnership to establish a joint research hub advancing blockchain-based AI technologies that will be more accessible and accountable.
Singapore and Indonesia deepen collaboration in FinTech and digital financial assets
The Monetary Authority of Singapore (MAS) and the Otoritas Jasa Keuangan (OJK) have renewed their commitment to deepening collaboration in FinTech and strengthening financial cooperation by signing a memorandum of understanding (MOU) on cooperation in financial technology.
ASEAN’s digital economy poised to surpass $300B in GMV by 2025 – report
ASEAN’s digital economy poised to surpass $300 billion in gross merchandise value (GMV) by 2025, fueled by 7.4 times of GMV and 11.2 times of revenue growth in a decade, Google, Temasek, and Bain & Company said Tuesday.
IFC invests $14M in MR. D.I.Y. Thailand IPO to boost access to affordable home improvement
To promote job creation and economic inclusion across Thailand, the International Finance Corporation (IFC) has invested THB 455.7 million ($14 million) as an anchor investor in the initial public offering (IPO) of MR. D.I.Y. Holding (Thailand) Public Company Limited (MR. D.I.Y. Thailand), a home improvement and lifestyle retailer with over 1,000 stores…
Petronas CCS Ventures receives Malaysia’s first offshore assessment permit for carbon capture and storage
Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), has been granted an offshore assessment permit for carbon capture and storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency on October 10.
SC launches investED for Returning Women to support career comebacks in capital market
The Securities Commission Malaysia (SC) has on Monday officially launched investED for Returning Women, a training and re-entry program designed to support women seeking to rejoin the capital market after a career break.
Singapore’s National Quantum Office and Quantinuum forge strategic partnership to accelerate quantum computing
Singapore’s National Quantum Office (NQO), a national platform hosted by the Agency for Science, Technology and Research (A*STAR), and Quantinuum, a global quantum computing company, announced last Thursday a strategic partnership to accelerate quantum computing in Singapore.
