Latest news and trends about tech
Maybank upbeat on Thailand’s tech services prospects
Maybank Investment Bank has a positive view on Thailand’s tech-service companies thanks to 38 percent FY25 estimated core profit growth for the sector, as compared to a 6 percent decline in FY24.
Hong Leong foresees energy transition to gain pace in Malaysia amidst data center boom
Hong Leong Investment Bank Research has foreseen energy transition to gain pace in Malaysia next year amidst a data center boom.
Nissan and Honda plan merger to maintain global competitiveness
Japanese multinational automobile manufacturers Nissan Motor and Honda Motor have officially began merger talks to maintain global competitiveness.
Lost in a sea of false positives: Paddling through the alert overload
Despite launching an average of 13.5 new digital products in the past year — more than any other country surveyed — #Singapore organizations are grappling with false positives and alert fatigue from their tools. This makes it even more crucial for leaders to adopt #AI technologies in order to maintain operational resilience and stay competitive. As alert…
PFN, Mitsubishi and IIJ team up for AI cloud computing
Preferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025.
Malaysia’s VentureTECH drives renewable energy innovation with investment in MTC Orec
VentureTECH Sdn. Bhd., a Malaysia-based impact investment company, has on Monday announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a bumiputera company in Malaysia specializing in the bioenergy sector.
Malaysia ends 2024 as Southeast Asia’s top data center hub with $23B investments
Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.
Yondr raises $900M from IFC and global lenders for data center in Malaysia
Global data-center operator Yondr Group has raised over $900 million from International Finance Corporation (IFC) and a consortium of six international financial institutions to finance its hyperscale data-center campus in Malaysia.
XTransfer partners OCBC for global multi-currency accounts
XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and OCBC, the Singapore-based financial services group, have jointly announced the comprehensive partnership for global multi-currency accounts.
Analysts foresee increased localization investment in Malaysia’s EV sector next year
Analysts have foreseen electric vehicle (EV) transition pace to pick up in Malaysia next year, underpinned by government policies and incentives.
