Malaysia

Cashku, a Malaysian AI-native digital wealth platform, has signed a distribution agreement with KAF Investment Funds Berhad to bring a selected range of the fund house's funds onto its platform.

Agmo Academy, a subsidiary of Malaysian artificial intelligence (AI) and digital solutions company Agmo Holdings, and the government-run MyDIGITAL will collaborate to support AI skills training for Malaysians.

Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

Prime Minister Anwar Ibrahim said he had a videoconference with Son last Tuesday, during which the Japanese tech investor said he had picked regions in the country for projects including data centers.

The Monetary Authority of Singapore (MAS) said Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined its BLOOM initiative as policymaker members.

UEM Edgenta Berhad, a Malaysian asset management and infrastructure solutions company owned by UEM Group, has launched its first Young Entrepreneurship Program (YEP) for six young business owners in its vendor network.

Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.

Malaysia’s 2027 budget maintains a gradual reduction in the fiscal deficit despite elevated subsidy and social-support spending, with a general election due by February 2028. The deficit target of 3.3 percent of GDP, from a slightly upward revised 3.6 percent in 2026, preserves the government’s medium-term consolidation path, Fitch Ratings said.

Salary Hero, a Bangkok-based financial health platform, has raised $7.6 million in Series A equity funding.

A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.