News

Malaysia’s AI surge creates demand for land and office space – Juwai IQI

The growth in Malaysia’s artificial intelligence (AI) economy is transforming its property market, according to data released on Tuesday by Kashif Ansari, Co-Founder and Group Chief Executive Officer of Juwai IQI.

RHB, Petronas team up for sustainable vendor financing for energy transition

Malaysian lender RHB Bank Berhad has partnered with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) for a sustainable vendor financing program (SVFP), a key pillar under the Petronas Supplier Support Program (PSSP) aimed at strengthening the resilience, competitiveness and sustainability readiness of Malaysia’s Oil & Gas Services and…

Sharpa partners JTC to accelerate AI robot deployment at Punggol Digital District

Sharpa, a Singapore-based artificial intelligence (AI) robotics firm, has on Tuesday announced the signing of a memorandum of understanding (MOU) with JTC to strengthen the AI and robotics ecosystem in the Punggol Digital District (PDD).

DPS Resources, Xinfengwei to explore $1.1B AGI data center infrastructure projects in Malaysia

Malaysia-based DPS Resources Bhd said Wednesday its wholly owned unit has signed a memorandum of understanding (MoU) with a China-based firm affiliated with Alibaba Group Holding Limited to explore the development of $1.1 billion artificial general intelligence (AGI) data center infrastructure in Melaka, Malaysia.

Singapore, Philippines ink carbon credits pact under Paris Agreement

Singapore and Philippines have signed a legally binding agreement to collaborate on carbon credit projects under Article 6 of the Paris Agreement, marking the Philippines’ first such deal, officials said on Thursday.

Australia’s AirTrunk to invest $3B to develop two new data centers in Malaysia

AirTrunk, the Australia-based hyperscale data center platform, has announced plans to invest MYR 12 billion ($3 billion) to develop two new data centers in Malaysia, to be called JHB3 and JHB4.

Huawei launches AI Lab and Innovation Center in Malaysia

This center will be an important platform to support the next wave of innovation in Malaysia, where Huawei can combine its technology and global experience to work effectively with its customers and partners on industry solutions and localised AI solutions for Malaysian industries.

AI coding agent Cognition expands to Singapore as Asia-Pacific Hub

Cognition, the AI coding agent company and makers of Devin – the first AI software engineer, will expand to Singapore and establish its Asia-Pacific (APAC) hub,

Cata raises $5.3M seed funding to expand digital platform for F&B, retail

Cata, a white-label SaaS platform for enterprise-grade branded apps, has raised $5.3 million in an oversubscribed seed funding round less than a year after its launch,

Singapore’s FORMAS.AI raises $3.98M in pre-seed round led by Vertex Ventures Southeast Asia & India

FORMAS.AI, the Singapore-based artificial intelligence (AI) design platform, has raised $3.98 million in an oversubscribed pre-seed funding round, led by Vertex Ventures Southeast Asia & India.