Ifvex

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2025-08-18 15:04:00 -

Songdo two decades on: The cautionary tale in smart city design
Cities take up 3 percent of the Earth’s surface, yet hold more than half the global population. That share is only growing, with urban centres absorbing an ever-larger proportion of people. This influx of billions of people is leading to more traffic, greater demand for energy, water, and housing, as well as a sharp rise in waste. This is the reality that mayoral leaders all over the...

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2025-08-18 15:00:27 -

Waterhub raises seed funding to expand sustainable drinking water access across Indonesia
Waterhub, an Indonesian startup providing clean, affordable drinking water through filtration systems, has secured an undisclosed amount in funding to scale its operations across Indonesia. The round was led by Archipelago VC, with participation from The Radical Fund, Waterhub said in a statement on Monday. The funds raised will be used to ramp up machine production, expand the team, and fuel...

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2025-08-18 14:52:29 -

Proton’s EV plant nears completion, set for September production
Malaysia’s automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September. The firm said in a statement that the new plant which located within the high-tech Tanjung Malim compound, will be completed just six months after the groundbreaking ceremony in February. The building is...

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2025-08-18 14:49:44 -

Gentari breaks ground on Maryvale solar and energy storage project
Malaysia’s clean energy solutions provider Gentari has on last Wednesday marked the groundbreaking of the Maryvale solar and energy storage project, a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW). The firm said in a statement that the project Maryvale is a next-generation hybrid renewable energy facility that integrates a 243 MWp solar installation...

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2025-08-18 14:37:54 -

Asia Pacific’s next AI breakout: Why the future belongs to builders of agentic and vertical AI
AI startups in Asia Pacific are growing faster than ever, but the real opportunity is just beginning. The next wave of growth will be driven by startups building deeply integrated vertical applications and intelligent, autonomous agents. These emerging opportunities, known as vertical AI and agentic AI, will represent a fundamental shift in how software is conceived, delivered, and monetized....

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2025-08-18 14:35:05 -

Singapore’s SUNRATE secures payment business license in China
SUNRATE, the Singapore-based payment and treasury management platform, announced last Friday that it has secured a payment business license in China following its successful acquisition of a 100 percent stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group. SUNRATE said in a statement that the RMB 315 million ($43.8 million) acquisition has received approval from relevant Chinese...

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2025-08-18 14:32:55 -

Bolt launches business ride-hailing solution in Malaysia
Estonian multinational mobility company Bolt has officially launched Bolt Business in Malaysia, offering a smarter, more efficient way for companies of all sizes to manage employee travel. With no onboarding fees, a centralized ride management dashboard, and automated reporting tools, Bolt Business helps companies eliminate the hassle of manual claims processes while gaining full visibility...

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2025-08-18 14:30:22 -

Malaysia’s IJM Construction secures $330M data center deal in Johor
IJM Construction Sdn Bhd, a wholly‑owned subsidiary of Malaysia-based IJM Corporation Berhad (IJM), has been awarded a MYR 1.4 billion ($330 million) contract for theconstruction of a large‑scale data center facility in Johor Bahru. The firm said in a statement on last Friday that the fast-track project comprises a six-storey data center building with integrated office facilities and a refuse...

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2025-08-18 14:28:15 -

Malaysia’s AI optimism balanced by calls for greater transparency, fairness and human oversight: Telenor Asia
Malaysian internet users are embracing artificial intelligence (AI) as a powerful tool for productivity, learning, and daily convenience, but they are doing so with discernment, according to Telenor Asia Digital Lives Decoded 2025: Building Trust in Malaysia’s AI future report released on last Thursday. The findings reveal a digitally discerning society, one that is optimistic about...

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2025-08-18 14:25:42 -

Maybank raises Sea’s revenue and adjusted EBITDA estimates
Maybank Investment Bank has raised Sea‘s full year revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 3 percent to 6 percent. The research house said in a note on last Wednesday that Sea’s strong tech-driven execution, underpenetrated markets and supportive competitive landscape position it for sustained high growth, while its...

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2025-08-18 14:22:55 -

WeRide secures strategic equity investment from Grab, partners to deploy robotaxis, autonomous shuttles in SEA
WeRide, a China-based autonomous driving technology firm, announced last Friday that Grab, Southeast Asia’s leading superapp, has committed to a strategic equity investment in WeRide. The duo said in a statement that the investment is part of a strategic partnership between both companies to accelerate the deployment and commercialization of Level 4 Robotaxis and shuttles in Southeast...

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2025-08-18 14:20:34 -

Zetrix AI expands ASEAN China AI lab to Indonesia
Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, has signed a teaming agreement for the establishment of the ASEAN China AI Lab in Indonesia, making it the second such center after the opening of the government to government (G2G) endorsed project’s flagship in Malaysia earlier this year. The expansion of the initiative to Southeast Asia’s largest economy...

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