News

VinFast delivers 10,922 electric vehicles in Vietnam in August

Vietnamese automaker VinFast Auto Ltd. has announced its preliminary domestic Vietnam deliveries of 10,922 electric vehicles (EVs) in August 2025.

HLIB: Malaysia must balance attracting investors with enforcing credible sustainability standards in data center

While Malaysia is positioning itself as ASEAN’s leading data center hub, Hong Leong Investment Bank Research said it must balance attracting investors with enforcing credible sustainability standards.

Maybank sees AI demand spurs neocloud race

Maybank Investment Bank has foreseen artificial intelligence (AI) demand to spur neocloud race in ASEAN.

NUS Enterprise boosts deep tech growth through new co-investment framework with SG Growth Capital, Lotus One Investment

NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), announced Tuesday two major co-investment partnerships and an international education initiative to strengthen Singapore’s role as a global innovation hub for deep tech.

Ant International’s Alipay+ to launch in Saudi Arabia

The Saudi Central Bank (SAMA) and Ant International, a global digital payment firm, will launch cross-border QR code payments between the Kingdom of Saudi Arabia’s (KSA) national payment scheme, mada, and Ant International’s global wallet gateway, Alipay+, during 2026 to drive digitization and inclusive growth for local merchants.

Maybank sees government’s execution as key for Philippines’ renewable energy sector

Maybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles.

Ant International’s Alipay+ to become official payment partner of the Laver Cup

Laver Cup and Alipay+, part of Ant International, a global digital payment, digitization and financial technology provider, have on Monday formally announced a new long-term strategic partnership which will begin at Laver Cup San Francisco 2025, to be held at the Chase Center from September 19-21.

Malaysian government partners Zetrix AI for Shariah compliance AI

Malaysian government has partnered with Zetrix AI Berhad, a developer of Shariah-aligned large language model (LLM) NurAI, to collaborate on establishing the global framework for Shariah compliance, certification and governance in artificial intelligence (AI).

Germany’s X-FAB expands manufacturing site in Malaysia with $600M investment

X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment.

Malaysia’s KLK Land launches $830M tech park in Tanjong Malim

Malaysia-based KLK LAND, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim.