News

Telenor sells its ownership in Thailand’s True Corporation for $3.9B

Norwegian multinational telecommunications company Telenor Group has signed an agreement with Arise Digital Technology Company Limited, a company owned by Khun Suphachai Chearavanont, to sell 24.95 percent of the shares in Thailand's telecom technology firm True Corporation for a total value of approximately NOK 39 billion ($3.94 billion) or THB 11.70…

Gulf Edge and Google Cloud collaborate to accelerate Thailand’s AI-powered transformation

Gulf Edge Company Limited, the digital infrastructure arm of Gulf Group, and Google Cloud announced Thursday their artificial intelligence (AI)-first collaboration.

Thunes partners UnionPay International to offer instant money transfers to China’s mainland

Thunes, the Singapore-based payment, announced Thursday the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration with UnionPay International (UPI).

Bridgenet Solutions collaborates with Eaton to support Malaysia’s growing data center infrastructure demand

Malaysia-based technology firm Bridgenet Solutions Sdn Bhd has entered into a strategic collaboration with Eaton Industries Sdn Bhd, a power management firm, as the company expands its capabilities in the data center segment to support Malaysia’s rapidly growing demand for resilient and high-performance digital infrastructure.

Singapore’s Toku raises $12.65M in SGX Catalist IPO

Toku Ltd., a Singapore-incorporated artificial intelligence (AI)-powered customer experience (CX) platform, announced Wednesday the successful close of its initial public offering, raising S$16.25 million ($12.65 million) at S$0.25 per invitation share.

AWS and Exabytes launch $1.1M cloud skills initiative to train Malaysians for high-demand tech jobs

Amazon Web Services (AWS) has entered into a MYR 4.3 million ($1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians, particularly those from B40 and M40 communities (lower and middle-income households), with cloud computing and artificial intelligence (AI) skills to meet the country's fast-growing digital workforce demand.

Malaysian organizations struggle to translate AI experimentation into measurable financial impact – PwC

PwC's survey showed a widening artificial intelligence (AI) maturity divide as many Malaysian organizations struggle to translate experimentation into measurable financial impact.

ServiceNow and OpenAI collaborate to deepen and accelerate enterprise AI outcomes

ServiceNow, the artificial intelligence (AI) control tower for business reinvention, and OpenAI announced Wednesday an enhanced strategic collaboration to power agentic AI experiences and accelerate enterprise AI outcomes.

Singapore’s Everstone Capital merges VWO and AB Tasty

Everstone Capital, the Singapore-headquartered private equity arm of the Everstone Group, announced Tuesday that VWO and AB Tasty, two firms in the optimization space, have entered into an agreement to combine.

Aware Super invests $300M in Skyline JV data center business

Australian fund Aware Super announced Tuesday a $300 million investment into the Skyline JV data center business, which indirectly owns Vantage Data Centers APAC (Vantage APAC), a global provider of hyperscale data centers with more than ten high-quality assets across Australia, Japan, Taiwan, Malaysia and Hong Kong.