On location

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).

A new study by ServiceNow has revealed a growing disconnect between enterprise ambition and execution when it comes to artificial intelligence (AI) in Asia Pacific (APAC).

Zimbra, the global open-core email and collaboration platform, is strengthening Indonesia’s public sector cyber resilience through its partnership with PT Kereta Api Indonesia (PT KAI).

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS) — flagship comprehensive research university in Singapore, is committing S$150 million ($116 million) to launch the NUS VC Program to boost growth of deep tech start-ups.

Singapore-based insurtech bolttech and OMRON Healthcare Singapore, an innovative medical equipment for health monitoring and therapy, have announced the launch of their premium care subscription plan in the city state.

The Malaysia Co-Investment Fund (MyCIF) has exceeded MYR 1 billion ($240 million) in total co-investments since its inception, a major a milestone in supporting the growth of micro, small, and medium enterprises (MSMEs) in the country, official data showed Monday.

Maybank Investment Bank has foreseen Grab's gross merchandise value (GMV) and loan-book growth to accelerate in the second quarter.

JLL, a global professional services firm specializing in real estate and investment management, has announced the launch of its technology advisory services in Thailand and Southeast Asia.

GXBank Berhad and Grab Malaysia have concluded their first joint startup accelerator program TeXnovasi which saw Finory.tech as the winner.

Cradle Fund Sdn Bhd (Cradle), the focal agency under the Ministry of Science, Technology and Innovation (MOSTI), announced last Friday the launch of Cradle Innovation Advisory, a strategic partnership initiative to accelerate technological transformation among corporates, and small and medium-sized enterprises (SMEs) in Malaysia.