Latest news and trends about tech
Creador acquires majority stake in Indonesian hospitality marketplace MG Group
Creador, a Malaysia-based pvate equity firm, has on Thursday announced the acquisition of a controlling stake in MG Group, an Indonesia-based business to business (B2B) hospitality marketplace, from Northstar and other shareholders.
Maybank positive on Indonesia’s new economy
Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path.
WeChat, TikTok granted licenses to operate in Malaysia
Tech firms WeChat and ByteDance (TikTok) have successfully obtained their licenses to operate in Malaysia, the Malaysian Communications and Multimedia Commission (MCMC) said Wednesday.
Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia
Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country.
TA Securities projects carbon capture tech to attract over $10B in capital expenditures into Malaysia by 2030
TA Securities has estimated that Malaysia's carbon capture technologies could attract over $10 billion in capital expenditures by 2030, in line with the government's National Energy Transition Roadmap (NETR) target of 40-80 million tons per annum (MTPA).
Kairous Capital: Southeast Asia stands to benefit from the ‘China Plus One’ strategy
Kairous Capital remains committed to bridging China and Southeast Asia, helping companies unlock cross-border growth opportunities. With digital-first solutions and AI-driven technologies shaping next-gen consumer experiences, we are particularly keen on companies that innovate in user journey design to meet these evolving expectations. Incumbent SME…
Malaysia’s Gamuda buys land in Port Dickson for data center development
Malaysian construction firm Gamuda Berhad has acquired a land in Port Dickson of Malaysia for MYR 424.4 million ($95.09 million) to develop cloud or data center infrastructure.
Kenanga Research foresees rising electricity costs, energy-saving initiatives to accelerate solar adoption in Malaysia
Kenanga Research said Monday that rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in Malaysia, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
Temasek, EQT to exit Indian renewable energy platform O2 Power
Singapore state-owned investor Temasek and Sweden global investment organization EQT Infrastructure IV have announced the sales of Indian renewable energy platform O2 Power to India-based power firm JSW Neo Energy for $1.5 billion.
Malaysia’s Carsome: 2025 will set the stage for the next decade of growth
"2024 was a landmark year for CARSOME with our focus on sustainable growth, profitability, and innovation bearing fruit. We delivered three consecutive profitable quarters this year and are well on the road to a full year of profitability," said Carsome Co-Founder and CEO Eric Cheng.
