EY
EY unveils AI innovation centre to propel Malaysia’s technological advancement
The AI Innovation Center is a nexus of three core components: the AI Lab, AI Academy, and AI Research. The AI Lab provides a secure space to test and refine AI concepts; the AI Academy is dedicated to empowering individuals and organizations with AI knowledge; and AI Research is committed to advancing the frontiers of AI solutions.
ASEAN year to date IPOs raising down to $2.5B
ASEAN saw a total of 94 initial public offerings (IPOs) raising $2.5 billion year to date, down from 127 IPOs raising $4.9 billion a year ago, Ernst & Young Global Limited (EY) said Thursday.
EY: SEA’s InsurTech deal value jumps more than four times to $2.35B in 2023
Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, SEA’s InsurTech sector saw a surge in deal value in 2023 – a development not seen since 2020, Ernst & Young Global (EY) said in its recent report.
EY : Southeast Asia’s IPO deals down to $1B in first quarter
Southeast Asia's initial public offering (IPI) activity slowed down in the first quarter, with a total of 38 deals raising$1 billion, down from 51 deals raising $1.4 billion in the first quarter of 2023.
Cybersecurity: A business imperative for today’s leaders
In the rapidly evolving digital landscape, cybersecurity has emerged as a critical business issue that leaders across all sectors must grapple with. The increasing sophistication and frequency of cyberattacks have made it clear that #cybersecurity is no longer just a technology concern, but a business one. Leaders who fail to recognize this are at risk of…
EY : technology industry outlook brighter than 12 months ago, with GenAI emerging as top opportunity for 2024
The technology industry outlook is brighter than 12 months ago, with generative artificial intelligence (GenAI) emerging as top opportunity for 2024, EY said Thursday.
EY: Asean’s IPO proceeds down 20 percent on year to $5.6B in 2023
Asean initial public offering (IPO) proceeds down 20 percent year on year to $5.6 billion in 2023, EY said Friday. According to the firm's EY Global IPO Trends 2023, ASEAN IPO market remained robust in 2023, with a total of 157 deals, up 3 percent from 152 deals in 2022.
EY: over half of Malaysian employees feel generative AI will positively impact their work
More than half (63 percent) of employees in Malaysia anticipate that generative artificial intelligence (GenAI) will improve their way of working flexibly, exceeding the global average of 48 percent, EY said Friday.
EY: SEA IPO volume, value rise in first half amid slowing global market
The Southeast Asia (SEA) region experienced a year on year rise in initial public offering (IPO) volume of 26 percent and value of 31 percent in the first half amid slowing global market, EY said in a statement on Tuesday.
EY : Global IPO proceeds down 61 percent to $21.5B in 1Q
Global IPO market registered a total of 299 IPOs raising $21.5 billion in the first quarter of 2023, an 8 percent and 61 percent decrease year-over-year, respectively, said Ernst & Young (EY) on Monday.
