Latest news and trends about tech

MDEC allocates $6.84M strategic grants to advance AI and industrial digitalization

The Malaysia Digital Economy Corporation (MDEC) said Tuesday that it is introducing two new grants totaling MYR 2.9 million ($6.84 million), aimed at accelerating digital transformation in two of Malaysia’s most strategic sectors — artificial intelligence (AI) and manufacturing.

Maybank sees Malaysia’s data center momentum may stall if Malaysia/Thailand face US chip curbs

Maybank Investment Bank said Malaysia's data center momentum may stall if the country and Thailand face chip curbs from the United States.

SuperSiC breaks ground on new semiconductor manufacturing facility in Penang, Malaysia

Supersic (Malaysia) Sdn. Bhd. (SuperSiC), a subsidiary of Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (JSG), has successfully held a groundbreaking ceremony for its new semiconductor manufacturing facility in Penang, Malaysia.

VinFast signs India’s RoadGrid to build charging and aftersales support

VinFast Auto India, the Indian subsidiary of Vietnamese electric vehicle (EV) firm VinFast, has announced a strategic service partnership with RoadGrid, a EV charging and aftersales solutions provider in the country, to build charging and aftersales support.

Animoca Brands participates in Australia’s DigitalX $13.55M raise

Animoca Brands, the Hong Kong digital property rights company, announced Tuesday that it has participated in Australian digital investment manager and ASX-listed crypto fund manager DigitalX’s recent AUD 20.7 million ($13.55 million) raise via a strategic placement in which Animoca Brands was the sole advisor.

Petronas forges partnership with state government for Sabah’s sustainable energy growth

Malaysia's state-owned Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), reaffirmed its longstanding partnership with the Sabah state government by formalizing several key agreements for sustainable energy growth.

Grab and A2Z pilot autonomous shuttle bus in Singapore

Grab, Southeast Asia’s leading superapp, in collaboration with Autonomous A2Z (A2Z), a Korean full-stack autonomous vehicle technology manufacturer, announced Tuesday their first autonomous electric shuttle bus pilot in Singapore.

Real-time location sharing app iSharing secures 40,000 daily users in Malaysia

Real-time location sharing app iSharing said Tuesday that it has secured 40,000 daily users in Malaysia amid growing child and elderly safety awareness.

Singapore’s SME Fintechs blocked from growth due to restricted API access, reveals new Fintech Nation report

A new report by Fintech Nation revealed on Tuesday a significant obstacle to fintech-led innovation in Singapore’s small and medium-sized enterprise (SME) sector, with 85 percent of fintechs reporting they have been denied or delayed access to essential banking APIs by incumbent banks.

Malaysian Vision AI firm Tapway expands into Indonesia

Tapway Sdn. Bhd., a Malaysia-based Vision artificial intelligence (AI) platform developer, announced Tuesday that it is expanding into Indonesia.