News

Maybank : Grab’s convertible issuance boosts net cash position to $7.7B

With Grab’s announcement to raise $1.5 billion through a convertible note, its net cash position is expected to rise to $7.7 billion, Maybank Investment Bank said Tuesday.

Petronas and partners launch Energy Transition Academy to accelerate energy industry workforce development

Malaysia's state-owned oil and gas firm Petroliam Nasional Bhd (Petronas) and its partners have launched the Petronas Energy Transition Academy (P-ETA) on Monday which is designed to help prepare the future workforce to meet the demands and respond to the challenges and the opportunities of the lower carbon energy industry.

Erajaya Digital, bolttech team up to launch new device protection program

Erajaya Digital, a telecommunications subsidiary of Indonesia-based Erajaya Group, has officially launched a new device protection program through a strategic collaboration with bolttech, a Singapore-based provider of embedded protection solutions.

Amazon invests $13B to expand data center infrastructure in Australia

Amazon announced last Thursday plans to invest a new total of AU$20 billion ($13.04 billion) from 2025 to 2029 to expand, operate, and maintain its data center infrastructure in Australia.

Kuala Lumpur breaks into global top 20 emerging startup ecosystems

Malaysia's Kuala Lumpur has been ranked 18th in the Global Startup Ecosystem Report (GSER) 2025 by Startup Genome, placing it among the world’s Top 20 Emerging Startup Ecosystems.

ZEEKR appoints Carro as latest authorized dealer in Malaysia

Zeekr, the China-based premium new energy vehicle group, has appointed Carro as its latest authorized dealer in Malaysia.

Deloitte survey finds more than 40 percent of family offices are advancing technology strategies amid digital transformation

Family offices worldwide are accelerating their digital transformation to meet the evolving demands of wealth management in today's complex market landscape, according to Deloitte Private's survey.

Univers partners SDEC to establish net zero center of excellence in Kuching, Sarawak

Univers, a Singapore-based artificial intelligence (AI) and internet of things (IoT) technology for energy, announced Monday the signing of a strategic partnership with the Sarawak Digital Economy Corporate (SDEC) to establish Malaysia’s first net zero center of excellence in Kuching, Sarawak.

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report

Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according to the report. As well as Singapore, the company is also planning to seek a permit in Luxembourg, they added.

HLB, DCAP Digital collaborate to boost SME lending and financial inclusion with cutting-edge AI

Hong Leong Bank (HLB) has signed a memorandum of understanding (MoU) with DCAP Digital Sdn Bhd to boost the small and medium-sized enterprise (SME) lending and financial inclusion with cutting-edge artificial intelligence (AI).