News

Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services

Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services.

ThaiQuest partners SIX to expand market data access, enhance financial information business

Thai financial market solutions firm ThaiQuest has agreed a multi-year partnership with SIX, the global financial data and market infrastructure provider, to access comprehensive market data from SIX and enhance its financial information business.

Singtel secures $476M green loan for DC Tuas data center project

Singtel’s regional data center arm, Nxera DCT Pte Ltd., has secured a S$643 million ($476 million) five-year green loan to finance the development of a new 58MW data center in Singapore, DC Tuas.

Malaysia’s Proton begins construction of new EV plant in Tanjung Malim

Malaysia's national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility.

Singapore’s Syfe offers to acquire ASX-listed investment platform Selfwealth for $41M

Syfe, a Singapore-based saving and investment platform, has made a non-binding indicative offer to acquire Selfwealth, one of Australia’s largest digital investing platforms, for A$65 million ($40.83 million) cash.

Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024

Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.

Endeavor Malaysia appoints Shan Li Tay as new Managing Director

Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.

Coastal Sustainability Alliance launches Singapore’s largest electric supply boat

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam.

Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0

The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google Workspace’s latest generative AI (gen AI) capabilities, empowering them to transform public service delivery.

CVC Funds agree sale of OANDA to FTMO

CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).