News

US investor Balaji Srinivasan’s Network School in Malaysia ordered to shut down; signs MoU with Kazakhstan

"The Johor state government takes note of and fully supports the decision of the special meeting of the Iskandar Puteri City Council (MBIP) to revoke the business license and order all activities of NS0 Malaysia Sdn. Bhd. (Network School) in Forest City to cease, effective July 22, 2026," the chief minister of Johor state Onn Hafiz Ghazi said in a Facebook…

SGX lists Grab, Sea and SpaceX SDRs from Wednesday

SGX Stock Exchange is expanding its Singapore Depository Receipts (SDR) suite with the introduction of three US-listed counters - Grab (SGX: UGBD), Sea (SGX: UGGD), and SpaceX (SGX: UXSD).

Singapore collaborates with IBM to explore quantum computing for mission planning, logistics optimization

The Singapore Armed Forces’ (SAF) Digital and Intelligence Service (DIS) and Defense Science and Technology Agency (DSTA) have partnered IBM to explore the use of quantum computing for complex mission planning, such as logistics optimization use cases.

Singapore commits 0.6% of GDP to AI as IMF flags bust risk, labor disruption

Singapore has formally designated artificial intelligence (AI) as a national growth strategy, allocating 0.6 percent of GDP to the National Research Fund for AI capabilities and research in the FY2026 budget, the International Monetary Fund (IMF) said.

Malaysians are among the most digitally engaged consumers surveyed globally – IDEMIA

New IPSOS BVA global study showed Monday that Malaysians are among the most digitally engaged consumers surveyed globally, even as 87 percent of them express concerns around digital fraud.

61% of Singapore data analysts favor human AI oversight, highest globally, as governance gaps persist: Alteryx

As many as 61 percent of Singapore data analysts prefer a human-in-the-loop approach to AI, the highest share among all regions, as data quality and governance challenges continue to limit organizations' ability to act on AI-generated outputs.

Thailand cuts 3.8M tons of industrial CO₂ through cement clinker substitution

Thailand has reduced more than 3.8 million tons of carbon dioxide (CO₂) equivalent since 2019 through clinker substitution in the Industrial Process and Product Use sector, delivering results ahead of the country's Nationally Determined Contribution (NDC) roadmap timeline

Singapore’s Ant International closes $1.2B Series A with Ant Group, Alibaba

Singapore's Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, alongside other unnamed international investment institutions.

GenAI tops Southeast Asia finance professionals’ skills wishlist, but proficiency-training lags: ACCA

Generative AI (GenAI) tools ranked as the single most critical future skill among finance professionals in Southeast Asia, yet 72 percent of respondents globally reported only basic or no GenAI proficiency.

Temasek-backed CuspAI raises $450M, reaches $2.6B valuation, launches AI materials discovery network

CuspAI has raised $450 million in a Series B round valuing the company at $2.6 billion, with Singapore's Temasek among the returning investors, the Cambridge-based AI firm said in a statement on Monday.