On location

To create jobs and promote sustainability in Malaysia’s paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a manufacturer of coated duplex board paper and grey board in Malaysia.

Momenta, a Chinese autonomous driving technology company, has entered into a strategic partnership with Grab, Southeast Asia’s leading superapp, which includes a strategic investment by Grab and a joint effort to bring advanced autonomous driving technologies to the region’s complex urban mobility markets.

PT Mora Telematika Indonesia Tbk (Moratelindo) and PT Eka Mas Republik (MyRepublic Indonesia) have on Thursday announced strategic merger to accelerate equitable development of digital ecosystem in Indonesia.

Malaysia-based Yinson Renewables has acquired the rights to the Mt Cass Wind Farm from MainPower New Zealand Limited.

I-Berhad, a Malaysia-based property developer, announced Thursday the successful opening of the AI World Experience Center at i-City, marking the first physical public activation of AI World, Malaysia’s first artificial intelligence (AI) enabled urban precinct.

Singapore-based Crypto.com announced Thursday a strengthening of its fiat payment capabilities with DBS Bank, Singapore's largest bank by assets.

Delta Electronics (Singapore) announced Thursday the signing of a Memorandum of Understanding (MOU) with the College of Design and Engineering (CDE) at the National University of Singapore (NUS) to explore the development of advanced technologies for next-generation sustainable data centers.

Vietnam-based technology firm FPT Corporation has announced a $100 million investment in its Quantum AI and Cyber Security Research Institute as part of a broader strategy to advance core technologies, strengthen high-quality talent, and support Vietnam’s long-term technological sovereignty.

More corporate professionals are becoming startup Founders, Angel Central, the angel investor club in ASEAN, said in a survey on Wednesday.

PT GoTo Gojek Tokopedia Tbk (GoTo), the digital ecosystem in Indonesia, has concluded its extraordinary general meeting of shareholders (EGMS), during which shareholders approved the company’s leadership succession plan, appointing Hans Patuwo as President Director and Group Chief Executive Officer (CEO), succeeding Patrick Walujo.