Malaysia’s digital services company MY E.G. Services Berhad (MYEG) has signed an agreement with Guangxi Beitou IT Innovation Technology Investment Group to jointly set up the Malaysia-China AI Innovation and Cooperation Center as the flagship China-ASEAN AI lab toward realizing the vision of the governments of Malaysia and China to collaborate on artificial intelligence (AI). MYEG said in a statement on Thursday that in conjunction with the signing of a government-to-government...

We’re moving fast up the AI transformational staircase, from entry-level applications directly using Large Language Models (LLM) and Retrieval-Augmented Generation (RAG) to the much-heralded Agentic AI – an AI system that doesn’t just follow pre-programmed instructions, but thinks on its feet, makes decisions, and adapts to new situations. In the words of Gartner in its strategic technology trends for 2025: “Agentic AI systems autonomously plan and take actions to...

Carsome, Southeast Asia’s largest integrated car e-commerce platform, and JACCS, a Japanese consumer finance company under the Mitsubishi UFJ Financial Group (MUFG), have officially cemented their strategic partnership to accelerate accessible auto financing in Malaysia. Carsome said in a statement on Thursday that the partnership followed the initial announcement in February 2025 and marks a step forward in introducing tailored financing solutions to improve accessibility for...

The National Bank of Cambodia (NBC), the central bank of Cambodia, has officially joined the Regional Payment Connectivity (RPC) initiative, further strengthening regional financial integration in Southeast Asia. The NBC’s inclusion in the RPC follows its formal expression of interest to be part of the initiative, the central bank said in a statement on Tuesday. The NBC announced its participation in the fourth supplemental page of the memorandum of understanding on cooperation in...

Tốc độ 5G tại Việt Nam trong tháng 3/2025 đạt mức cao nhất kể từ khi thương mại hoá. Theo dữ liệu mới nhất từ nền tảng Internet i-Speed thuộc Trung tâm Internet Việt Nam – VNNIC (Bộ Khoa học và Công nghệ), tốc độ truy cập mạng 5G tại Việt Nam trong tháng 3 năm 2025 đã đạt mức cao nhất kể từ khi bắt đầu thương mại hoá. Đây là một cột mốc mới trong hành trình triển khai và thương mại hóa 5G tại...

Bank Negara Malaysia (BNM) and Bank of Thailand (BOT) have on Thursday signed a memorandum of understanding (MoU) to strengthen joint efforts in cybersecurity and digital fraud protection. This initiative also promotes a closer working relationship between the two central banks, enabling more effective information sharing, capacity building, and the exchange of best practices, the duo said in a statement. The MoU was signed by BNM Governor Abdul Rasheed Ghaffour and BOT Governor Dr....

The Southeast Asia (SEA) FinTech startup ecosystem witnessed a total of $193 million in funding, which marks a 66 percent drop compared to the $584 million raised in the first quarter of 2024 and a 30 percent decline from the $274 million raised in the fourth quarter of 2024, Tracxn said Thursday. The data intelligence platform said in its Q1 2025 Southeast Asia FinTech Report that the SEA region witnessed its peak funding in the third quarter of 2021, after which the funding started to...

J&T Global Express Limited (J&T Express), a global logistics service provider, announced Thursday that the company achieved a total parcel volume of approximately 6.6 billion in the first quarter of 2025, a 31.2 percent year-over-year increase. The firm said in a statement that its daily parcel volume averaged 73.3 million, with all major markets achieving double-digit growth. In Southeast Asia, J&T Express demonstrated strong performance, maintaining its leading market share....

Finastra, a global provider of financial services software applications, has announced a strategic partnership with Total Information Management Corporation (TIM Corp), the Philippines-based data center services, managed services, and information technology (IT) infrastructure firm, to boost treasury solutions in the Philippines. This collaboration aims to elevate treasury service challenges across the Philippines with Finastra’s cutting-edge Opics core treasury solution and robust...

Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore. The firm said in a statement that its FY2024 revenue in Singapore more than doubled, growing 153 percent year-on-year, fueled by strong transaction volumes and a standout fourth quarter. “2024 marked a new phase of growth for us in Singapore and across the region, “Our 2024 performance in Singapore shows what’s possible when businesses have access to...

Workday, Inc., the global artificial intelligence (AI) platform for managing people, money, and agents, has on Wednesday announced the appointment of Jess O’Reilly as the General Manager for its ASEAN business. The firm said in a statement that based in Singapore, O’Reilly will be responsible for driving Workday’s growth in the ASEAN region as well as fostering deep client and partner relationships. As a key member of the Asia Pacific leadership team, she will lead the...

Malaysian telecommunications firm CelcomDigi Berhad and Ericsson (Malaysia) Sdn Bhd have signed a memorandum of understanding (MoU) to collaborate on advancing autonomous network operations in Malaysia. This initiative aims to utilize artificial intelligence (AI)-driven network analytics to optimize CelcomDigi’s network operations, enabling it to continue delivering superior network experience for its customers, CelcomDigi said in a statement on Monday. It is noted that with imminent...