News

U Mobile, Cradle step up support for Malaysian startups in 5G-A, AI

U Mobile and Cradle Fund Sdn Bhd are strengthening their collaboration to help Malaysian startups develop and test 5G-Advanced (5G-A) and artificial intelligence (AI) solutions for real-world business applications, as demand for emerging technologies grows.

Sand.ai closes $200 million Series A+ for video AI

Chinese video-generation startup Sand.ai has completed a $200 million Series A+ round led by CoStone Capital and Wangsu Science & Technology.

AMD, FuriosaAI and MangoBoost plan Seoul AI cluster

AMD, FuriosaAI and MangoBoost will develop a heterogeneous AI infrastructure system and target a Seoul reference deployment in 2027.

Pyvio secures Singapore major payment institution licence

Pyvio has secured a Singapore Major Payment Institution licence covering five regulated services, including cross-border transfers and e-money issuance.

Malaysia’s CIMB OCTO extends DuitNow QR payments to five more markets

Malaysia-based CIMB Bank Bhd has expanded its DuitNow QR payment coverage on the CIMB OCTO app to five additional markets — China, Hong Kong, South Korea, the Philippines and Laos — bringing its overseas payment network to nine markets.

Microsoft to open Southeast Asia 3 cloud region in Johor Bahru, per $2.2B Malaysia plan

Microsoft's Southeast Asia 3, its second cloud region in Malaysia, will be built in Johor Bahru.

Southeast Asia IPO Market slows as Malaysia defies regional downturn – EY

Southeast Asia's initial public offering (IPO) market weakened in the first nine months of 2026, with the number of listings falling 26 percent and proceeds declining 13 percent year on year, despite stronger activity in Malaysia, according to the latest IPO market statistics revealed by EY on Thursday.

Huawei Malaysia partners CelcomDigi to accelerate talent development in future technologies

Huawei Technologies (Malaysia) Sdn Bhd and CelcomDigi Berhad have signed a memorandum of understanding (MoU) to strengthen digital talent development across CelcomDigi's workforce.

Grab to proactively spend $112M on fee cuts, driver support in Vietnam, amid backlash

Grab Vietnam, under Southeast Asia's technology giant Grab, will spend VND2,950.9 billion ($112 million) on fee cuts, driver refunds and incentives, and promotions in Vietnam, after the ministry-run National Competition Commission reviewed its fares calculation.

Pine Labs partners Stripe to launch unified payments solution for retailers in Singapore

Merchant commerce platform Pine Labs and programmable financial infrastructure provider Stripe have partnered to offer a unified commerce solution in Singapore, allowing eligible retailers to manage online and in-store payments through a single platform from November 2026.