News

While global semiconductor sales are projected to continue growing, TA Securities has maintained a cautious outlook on Malaysia's semiconductor sector given the lingering uncertainties surrounding US trade policy.

Artificial intelligence (AI) adoption among Malaysian manufacturers remains at an early stage, with just 26 percent of companies implementing AI solutions while the majority are still in the awareness or exploratory phase, a survey from the Federation of Malaysian Manufacturing (FMM) showed Wednesday.

Asia Pacific (APAC) firms are scaling up energy transition to meet surging demand, according to industry research conducted by ABB’s Energy Industries division.

Bunjang, South Korea’s tech-driven re-commerce platform, announced Wednesday that its global cross-border marketplace, Bunjang Global, has surpassed two million monthly active users, cementing its position as the new global benchmark for K-recommerce.

Alipay+, Ant International’s global wallet platform, and Grab, Southeast Asia’s superapp, have announced the integration of Grab’s ride-hailing services into Alipay+ Voyager, its inbuilt end-to-end artificial intelligence (AI) travel agent.

Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.

Google Cloud announced Wednesday the launch of Agent Payments Protocol (AP2), an open protocol developed with leading payments and technology companies to securely initiate and transact agent-led payments across platforms, with with over 60 Southeast Asia ecosystem players.

UltraGreen.ai (UltraGreen), a Singapore-based fluorescence-guided surgical technologies and precision healthcare solutions provider, announced Monday the signing of a $188 million strategic investment led by 65 Equity Partners (65EP) and Vitruvian Partners (Vitruvian).

Singapore-based deep tech startup Atomionics has received a $12.7 million Pre-Series A round to rapidly scale its quantum gravimetry sensors for mineral discovery.

JLand Group, the real estate and infrastructure arm of Malaysia-based Johor Corporation (JCorp) and Japan-based integrated trading and investment group Sumitomo Corporation, have teamed up to advance sustainable innovation in Johor’s Ibrahim Technopolis (IBTEC).