Deep Tech
CGS International sees potential downside risks to Malaysia’s technology sector earnings
CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia's technology sector earnings.
December 4, 2024
Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector
Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector and looming impact from the Global Minimum Tax.
November 29, 2024
Malaysia’s Petronas partners CNPC for integrated sustainable energy solutions
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has partnered China's national oil and gas corporation China National Petroleum Corporation (CNPC) for integrated sustainable energy solutions.
November 18, 2024
Malaysia’s Petronas enhances E&P technology with two new MOUs
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), through its subsidiary Malaysia Petroleum Management (MPM), has signed two memoranda of understanding (MoUs), to advance technology and operational efficiency in Malaysia’s exploration and production (E&P) sector.
November 8, 2024
NTU Singapore, Walden International launch $38M fund to support deep tech startups
Nanyang Technological University, Singapore (NTU Singapore) and leading global venture capital (VC) firm Walden International are launching a new venture capital fund to support deep tech spin-offs from the university.
November 5, 2024
Bintang Capital Partners launches $46.56M gender lens Semiconductor Impact Fund
Bintang Capital Partners Berhad (Bintang), a Malaysia-based private equity firm, has on Wednesday announced the launch of gender lens Semiconductor Impact Fund (BSIF I).
October 16, 2024
Singapore’s Meridian Innovation secures $12.5M to scale operations
Meridian Innovation Pte Ltd, a Singapore-based thermal imaging sensors developer, has announced it has raised $12.5 million in a funding round led by new investors, strategic partners, as well as participation from existing investors.
October 11, 2024
US’s KLA completes first phase of $200M Singapore operations expansion
United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.
October 4, 2024
Advantech unveils expanded Singapore office to boost ASEAN presence
Advantech, a global leader in industrial internet of things (IoT) and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore.
September 27, 2024
AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses
Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).
September 25, 2024