News

Half of CEOs in Southeast Asia say innovation is critical to their business strategy, yet 32.5 percent of employees say they do not feel confident in innovation, influence, and cross-functional collaboration, according to a report of AI-powered payroll platform Omni HR.

Big Sky Capital, in partnership with Malaysia's venture program GUIDE and supported by Kazakhstan's innovation agency Astana Hub, has concluded a two-month SEA Enterprise Technology Launchpad program for B2B enterprise and industrial technology startups from Central Asia.

Tencent Cloud, the cloud business under Chinese giant Tencent, has partnered with Pakistan's leading streaming platform tapmad to deliver live coverage of a major international football tournament to viewers across Pakistan, supporting more than 7 million concurrent viewers at peak with 99 percent uptime and ultra-low latency.

Malaysia's stock exchange Bursa Malaysia has revised upwards one of its 2026 headline Key Performance Indicators (KPIs), increasing its initial public offering (IPO) market capitalization target to MYR 34 billion ($8.32 billion) from MYR 28 billion.

Private equity (PE) investment in Southeast Asia fell sharply in the second quarter of 2026, with 10 deals worth $935.5 million, compared with 19 deals worth $9.2 billion in the previous quarter, according to the EY-Parthenon's Southeast Asia Private Equity Pulse for Q2/2026 report.

ADA, an AI company headquartered in both Singapore and Malaysia, has completed the acquisition of Algonomy, an AI retail decision-making company headquartered in Bengaluru, India, expanding the combined group's presence.

ASEAN+3 economies need to bring together artificial intelligence (AI), energy infrastructure and digital payment systems to navigate a potential new wave of dollar dependence as AI reshapes the global economy, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Thursday.

OCBC Bank (Malaysia) Berhad said Thursday it has committed MYR 325 million ($79.48 million) in financing to support a utility-scale 100MW/400MWh Battery Energy Storage System (BESS) project under the Malaysian government’s Battery Energy Storage (MyBeST) Program.

Singapore-based game publisher iterco has opened iterhaus, a creative hub, and Porch, a community café, in South Jakarta, marking an expansion beyond game publishing into physical community infrastructure for Indonesia's creative industry.

The service could help bridge connectivity gaps in remote and underserved areas, complementing existing terrestrial mobile networks rather than replacing them.