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Maybank sees government’s execution as key for Philippines’ renewable energy sector

Maybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles.

Ant International’s Alipay+ to become official payment partner of the Laver Cup

Laver Cup and Alipay+, part of Ant International, a global digital payment, digitization and financial technology provider, have on Monday formally announced a new long-term strategic partnership which will begin at Laver Cup San Francisco 2025, to be held at the Chase Center from September 19-21.

Malaysian government partners Zetrix AI for Shariah compliance AI

Malaysian government has partnered with Zetrix AI Berhad, a developer of Shariah-aligned large language model (LLM) NurAI, to collaborate on establishing the global framework for Shariah compliance, certification and governance in artificial intelligence (AI).

Germany’s X-FAB expands manufacturing site in Malaysia with $600M investment

X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment.

Malaysia’s KLK Land launches $830M tech park in Tanjong Malim

Malaysia-based KLK LAND, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim.

Maybank sees minimal impact from Sea’s Shopee seller commission raise

Maybank Investment Bank said Friday that it sees minimal pushback from the second round of seller commission raise from Sea's e-commerce arm Shopee.

APAC data center market sees 160 percent growth in new project in first half – Knight Frank

Knight Frank’s Asia-Pacific Data Center report showed Wednesday that in the first half of this year, the region secured nearly 13 gigawatt (GW) of new project announcements, a 160 percent increase and more than double the 5GW announced in the same period last year.

KANEKA partners BACRE to launch $7M biomass steam plant in Malaysia

Kaneka Malaysia Sdn Bhd and BAC Renewable Energy Sdn Bhd (BACRE) have teamed up to launch MYR 30 million ($7.13 million) biomass steam plant in Gebeng, advancing Malaysia’s renewable energy and energy transition roadmaps.

Petronas delivers Malaysia’s first locally blended sustainable aviation fuel

Petroliam Nasional Berhad (Petronas), a Malaysian oil and gas company, has successfully delivered Malaysia’s first blended sustainable aviation fuel (SAF) to KL International Airport (KLIA) for the Malaysia Aviation Group (MAG), establishing its in-house capability and readiness to provide continuous, scalable supply in Malaysia.

OCBC Malaysia invests $2.37M in AI upskilling

OCBC Malaysia, a unit of the Singapore-based OCBC Group, is investing over MYR 10 million ($2.37 million) a year in people development programs, with a significant focus on artificial intelligence (AI), reskilling and upskilling.