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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.
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.
The road to profitability is paved with good data management
As generative AI becomes embedded across banking, from credit scoring to virtual assistants, the risk landscape grows more complex. To scale GenAI responsibly, banks must move from siloed governance tools to an integrated approach. Embedding control, compliance, and risk signals directly into the data platform allows banks to monitor usage in real-time,…
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.
Traditional professional services businesses will resemble software companies over time, says Multiplier CEO [interview]
Traditional professional services businesses will resemble software companies over time with AI technology, according to Multiplier Holdings CEO Noah Pepper. AI will handle repetitive tasks while humans will focus on client relationships and quality assurance, he said, adding that the convergence of information-handling businesses with software companies is…
From risk to resilience: Why nature-based solutions must be on every CEO’s agenda
While it may seem like climate risk is a concern for countries and their governments near and far, communities and those that live in them, the risk climate change poses to investors and businesses is all too often overlooked – it is not a question of "if," but a question of "when.'
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.
Temasek backs PsiQuantum $1B Series-E funding to build world’s first fault-tolerant quantum computers
PsiQuantum announced Wednesday it has raised $1 billion in funding for its Series E round to build the world’s first commercially useful, fault-tolerant quantum computers.
