Malaysia

Belgium's insurer Ageas has completed the sale of its 30.95 percent stake in Maybank Ageas Holdings, the Malaysian parent of insurer Etiqa, to its partner Maybank for about €1.1B billion ($1.3 billion), ending a 25-year joint venture.

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

Malaysia ranked second in Southeast Asia, behind Singapore, in ASEAN Digital Nations Index, an annual digital-development index published by the mobile-industry body GSMA.

Malaysia is targeting as much as MYR20 billion ($4.7 billion) a year in additional economic output from artificial intelligence (AI) by 2030 and wants to shift from building data centres to applying AI across its economy.

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.

Australian AI infrastructure company Firmus and OpenAI will cooperate to expand AI data center capacity into Malaysia, a new market for the Australian infrastructure company, under a multi-year partnership to develop two sites there.

The United States-based investment firm KKR has agreed to buy a minority stake in Malaysia's Avisena Healthcare, a private hospital operator.

Malaysia-based hotel technology company ROOMIE has launched an integrated payment gateway that brings regional payment methods into hotel guest journeys.

MyRepublic has launched Hyperpeer, a subscription service that optimizes routing for supported online games and is available to users in Singapore and Malaysia regardless of their internet provider.

Cybozu's first-half results show rising Kintone revenue as the company steps up localization and regional expansion, including a larger Malaysia presence.