AI boom to demand $1.6 trillion by 2030 with power shortages a critical bottleneck – Knight Frank

The global build-out of artificial intelligence (AI) infrastructure will require up to $1.6 trillion over the next five years, with access to power, not capital, now the primary…

Analysts see data center to boost Malaysia’s construction growth

Malaysia’s data center sector is poised for continued growth, with contractors securing hyperscale mandates and an estimated MYR 13 billion ($3.26 billion) to MYR 14 billion…

CapBay and CGC launch first dual-facility guarantee scheme for MSME financing

Bay Smart Capital Ventures Sdn. Bhd. (CapBay), a Malaysian fintech company, together with CGC Digital Sdn. Bhd., a wholly-owned subsidiary and the digital arm of CGC Malaysia,…

Foodpanda Malaysia appoints Kenneth Soh as new Managing Director

Foodpanda Malaysia has on Wednesday announced the appointment of Kenneth Soh as its new Managing Director.

Grab unveils 13 AI features to transform Superapp experience

Singapore-based technology firm Grab has on Wednesday unveiled 13 new artificial intelligence (AI)-powered features at its annual GrabX 2026 showcase, upgrading its superapp into…

Singapore’s Velox Networks expands to Philippines

Velox Networks, a Singapore-based cloud telephony provider, has announced its expansion into the Philippines, marking its third Southeast Asian market after Singapore and…

Japan’s Meiko Electronics to further invest $50M in Vietnam

Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.

Ekuinas acquires strategic minority stake in Malaysia’s pharmaceutical firm Ain Medicare

Ekuiti Nasional Berhad (Ekuinas) announced Tuesday its investment in Ain Medicare Sdn Bhd, a Bumiputera home-grown manufacturer of sterile parenteral pharmaceutical products.

Singapore fintech firm Aspire launches in United States

Aspire, the Singapore-based fintech firm, has announced its official launch in the United States on Tuesday.

Malaysia unicorn Carsome, Singapore CarTimes, Japan JACCS formalise auto financing partnership

Malaysia-based Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, Singapore's CarTimes Group, and Japan's JACCS have reached a strategic auto…

Temasek’s Xora Innovation leads NeuBird AI’s $19.3M funding

NeuBird AI, the US-based agentic artificial intelligence (AI) for production operations, has announced $19.3 million in an oversubscribed funding round led by new investor Xora…

Malaysia-based Gobi Partners invests in payment firm Transak to support digital asset payment

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, has announced an unspecified investment in Transak, a company focused on enabling compliant…

ASEAN carbon markets gain traction as climate risks intensify

ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by…

Singapore healthtech startup injewelme raises $1.2m to advance AI monitoring technology

Catalytic Capital for Climate and Health (C3H), a catalytic investment vehicle of Temasek Trust, has led a US$1.2 million funding round in Singapore-based AI healthtech startup…

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