On location

The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.

GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.

Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.

HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda Mobility (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.

J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.

"The outlook for Malaysia’s tech ecosystem in 2025 is incredibly promising. We’re witnessing stronger collaborations between startups, corporates, and accelerators, paving the way for greater innovation and growth. With rising attention on key sectors like fintech, healthtech, and AI, Malaysia is poised to elevate its global competitiveness and establish…

Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.

Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital fund.

Bukalapak, which went public in 2021, said in a statement that it later would only sell virtual products ranging from mobile phone credits to streaming vouchers.

Minister Agus Gumiwang Kartasasmita said Apple had struck a deal to build a facility producing its Airtag tracking device on Indonesia's Batam island, close to Singapore, but that still would not count as a locally made iPhone part, the report added.