News
Korea, Malaysia, Thailand, Taiwan lead AI-driven growth surge: IMF
South Korea, Taiwan, Thailand, and Malaysia, as the world's largest net exporters of AI-related hardware, were the standout performers of the current global technology cycle, driven by advances in and deployment of artificial intelligence (AI) tools, the International Monetary Fund (IMF) said in the July 2026 edition of its World Economic Outlook (WEO).
Malaysia PM to debut an AI double – report
PMX AI has been trained on Anwar’s own writings, speeches, and the record of his government’s policies, so that when it speaks, it looks and sounds unmistakably like him.
Singapore Temasek bets big on AI: targets 10–15% AI allocation in portfolio by 2031
Temasek, Singapore's state investment company, plans to lift its direct AI exposure from about 6 percent of its current portfolio to 10-15 percent by March 2031.
Danantara initiates Indonesia’s Waste-to-Energy Plant in Bali
State investor Danantara Indonesia has chosen Bali as the first site for its Waste-to-Energy Plant (PSEL) development, as the state investment agency expands its focus on sustainable infrastructure and clean energy projects.
Malaysia accelerates EV push with focus on affordability, infrastructure and local ecosystem
Malaysia is stepping up efforts to accelerate electric vehicle (EV) adoption by improving ownership affordability, expanding charging infrastructure and strengthening the domestic EV ecosystem, its Ministry of Investment, Trade and Industry (MITI) said on Wednesday.
MAS proposes rule changes to speed up approval of new fund types
The Monetary Authority of Singapore (MAS) has proposed regulatory changes aimed at accelerating the approval of new retail fund products, as part of efforts to support innovation in the investment management industry while maintaining safeguards for retail investors.
SMU launches research initiative on capital markets
Singapore Management University (SMU) has on Tuesday launched the Singapore Capital Markets Initiative (SCMI) to position Singapore at the forefront of a rapidly evolving global capital markets landscape.
Nestlé to invest $688M in AI-powered smart factory in Samut Prakan, Thailand
Thailand's Board of Investment (BOI) has approved a $688 million investment by Nestlé (Thai) Co., Ltd. to construct a smart factory and distribution center in Samut Prakan province.
Maybank Indonesia Syariah, Muslim Pro launch embedded Islamic banking service powered by audax
Maybank Indonesia Syariah and Muslim Pro have launched Amanah Pro, an embedded Islamic banking experience that allows users of the Muslim Pro app to open a Shariah-compliant Hajj savings account in minutes through a paperless process.
Philippines’ Kickstart Ventures join Sprout.ai’s Pre-Series A $9M funding round
Sprouts.ai, an AI-native startup delivering Revenue Agents for B2B enterprises through a proprietary go-to-market (GTM) data layer, has raised $9 million in Pre-Series A funding.
