News

91 percent of ASEAN enterprises expect GenAI disruption within 18 months – study

91 percent of ASEAN enterprises expect generative artificial intelligence (GenAI) disruption within 18 months, with 16 percent having introduced GenAI applications into the production environment and 84 percent in the initial testing phase, a study showed Tuesday.

Nokia partners with Extreme Broadband to improve security and future-proof data centers in Malaysia

Global telecommunications company Nokia announced Tuesday that it has signed a contract agreement with Extreme Broadband (EBB) and its wholly owned subsidiary, Open DC, to upgrade Open DC’s Artificial Intelligence (AI) data centers, ensuring superior security and network performance.

Maybank raises GoTo’s FY25/26 core net income forecasts

Maybank Investment Bank has raised Indonesian tech platform GoTo Gojek Tokopedia (GoTo)'s core net income forecasts for FY25/26 by 9 percent/1 percent due to results house-keeping.

AI agents gain momentum across Malaysian Organizations : Workday

Artificial intelligence (AI) agents have gained momentum across Malaysian organizations, according to new Workday research.

ZenicHub launches co-working space and tech accelerator in Bangkok

ZenicHub has announced the opening of its co-working space and technology-driven accelerator, to support entrepreneurs in Bangkok.

Google Cloud doubles down on enterprise AI commitment to Singapore

Google Cloud has doubled down on enterprise artificial intelligence (AI) commitment to Singapore.

Airwallex : 80 percent of Malaysian shoppers prefer digital wallets for international purchases

80 percent of Malaysian shoppers prefer digital wallets for international purchases, according to a study commissioned by Airwallex in partnership with Statista.

Ayala Land secures $225M loan from IFC to advance green buildings in the Philippines

Ayala Land, Inc. (ALI) has secured PHP 12.87 billion ($225 million equivalent) from the International Finance Corporation (IFC) to advance green buildings in the Philippines.

Malaysia reduces renewable energy access charges by up to 40 percent

Malaysia has reduced the corporate and community renewable energy access charges by up to 40 percent.

J&T Express’s profit surges 147.1 percent on year in first half

J&T Global Express Limited, an Indonesia-based logistics service provider, said its adjusted net profit surged 147.1 percent year on year to $156 million in the first half, underpinned by strong business growth and continuous operational optimization across its markets.