News

Amazon to buy Malaysian land for data center in $75M deal

Amazon Data Services Malaysia, a subsidiary of U.S.-based Amazon, will buy a plot of land in Malaysia's Selangor state to build a data center, paying MYR316.84 million ($75 million) in cash to local property developer Sunsuria.

Singapore’s Temasek to open first Middle East offices in Riyadh, Abu Dhabi

Singapore's Temasek will open its first Middle East offices, in Riyadh and Abu Dhabi, and engage with institutions in Qatar.

Malaysia unveils top 100 startups with MYR8.5B in FY2024 revenue

Startups demonstrate stronger profitability, global reach and adoption of AI and data-driven technologies.

Singapore leads regional crypto activity at $284 billion despite overall decline: Chainalysis

Singapore was the largest cryptocurrency market in a region spanning Central and Southeast Asia and Oceania, with $284 billion in activity in the year to June, blockchain-analytics firm Chainalysis said.

DeepSeek and Huawei open Ascend AI programming tools

DeepSeek and Huawei have developed open-source compute, communication and programming tools for Huawei's Ascend AI chips.

Singapore’s Zeya Health acquires startup ConnectLah to build AI healthcare booking

Singapore's healthtech startup Zeya Health has acquired ConnectLah, a clinic-automation company, to expand its AI platform for booking medical appointments.

ThreatBook acquires CyberStrikeAI security testing platform

ThreatBook has acquired the open-source CyberStrikeAI penetration testing platform and plans an enterprise rollout across Asia-Pacific.

MBSB sees talent shortage to limit Malaysia’s technology sector earnings growth

MBSB Research said on Tuesday that talent shortage will limit the earnings growth for Malaysia's technology sector.

1337 Ventures launches 2026 Request for Startups to find Malaysia’s next generation of pre-seed companies

New Request For Startups translates shifts in AI, manufacturing, finance, healthcare, agriculture, climate and semiconductors into startup opportunities that founders can begin tackling with MYR150,000 to MYR500,000 in early capital.

Malaysia’s wealth platform Cashku to offer Kenanga Investors funds with no sales charge from MYR10

Malaysia's Cashku, a digital wealth platform, has partnered with fund manager Kenanga Investors to offer a selection of investment funds with no sales charge and a minimum investment of MYR10 ($2.40)