News

Malaysia’s Zetrix AI launches Shariah-aligned large language model “NurAI”

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, has on Tuesday unveiled NurAI, a Shariah-aligned, Islamic values-based large language model (LLM).

Singapore’s bolttech sets up expert advisory board to support strategic growth

Singapore-based insurtech bolttech announced Tuesday the formation of its newly established Advisory Board, an external panel of experts, thought leaders, and industry specialists, to provide bolttech’s leadership with high-impact strategic advice and insights to support the company in its next stage of growth.

Temasek Trust and Kibo Invest lead $11.6M funding in climate tech firm Equatic

Equatic, a global company in combined carbon dioxide removal and green hydrogen production, announced Monday the successful closure of its Series A funding round of $11.6 million.

Malaysia’s Naluri raises $5M Series-B equity funding

Naluri Pte Ltd, a Malaysia-based digital employee health and wellbeing provider, announced Tuesday the successful completion of a $5 million Series-B equity fundraising round.

Ant International partners Abu Dhabi Investment Office and receives IPA from Central Bank of the UAE to support local digitalization and fintech strategy

Ant International, a Singapore-based digital payment, digitization and financial technology provider, announced Monday two milestones that mark a significant step forward for its business expansion in the United Arab Emirates (UAE).

Teleport partners ANAABU to launch PORTALWEAR collection

Teleport, a Malaysia-based logistics company, and ANAABU, a Malaysian unisex clothing brand, have embarked on the first-ever brand collaboration.

VentureTECH invests in Malaysia’s EMS solutions firm Evenesis

VentureTECH Sdn Bhd, an impact investment company, has announced a strategic investment in Y Us Sdn Bhd (Evenesis), a Bumiputera company pioneering an end-to-end event management software (EMS) solutions and managed services platform.

JC3 to advance climate agenda through coordinated and collaborative efforts

The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC), said Monday it remains committed to advancing the climate agenda through coordinated and collaborative efforts.

NTT DATA partners Finastra to expand lending cloud service for banking experience in APAC

NTT DATA, a Japan-based information technology (IT) infrastructure and services company, has partnered with global financial services software firm Finastra to expand lending cloud service for banking experience in Asia Pacific (APAC).

Hunan Yuneng chooses Malaysia for its Southeast Asian lithium battery manufacturing hub

Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia.