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AI is not merely a technology, but a strategic cultural assetA while ago, I spoke with a foreign friend who has been a longtime entrepreneur in Japan, and we talked about his local experience. He said that what takes the most time to get used to is Japan’s unique way of communicating, as opposed to competing in the market. “Sometimes they talk very politely, but I’m still not sure if it’s really an offer or a refusal.” He...0 Comments 0 Shares 627 Views 0 Reviews
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Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, servicesMalaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services. Bank Islam said in a statement that its wholly owned subsidiary BIMB Holdings Sdn Bhd has entered a strategic joint venture agreement with RELDYN to...0 Comments 0 Shares 10K Views 0 Reviews
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Bolttech, Sumitomo team up to deliver technology-enabled embedded solutions to distribution partners in AsiaBolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia. Bolttech said in a statement that the two companies will enter a joint venture for the partnership. The technology-enabled embedded solutions will enable distribution partners to...0 Comments 0 Shares 7K Views 0 Reviews
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Deloitte survey finds more than 40 percent of family offices are advancing technology strategies amid digital transformationFamily offices worldwide are accelerating their digital transformation to meet the evolving demands of wealth management in today’s complex market landscape, according to Deloitte Private‘s survey. The firm said in its “Family Office Insights Series: Digital Transformation of Family Office Operations” report that 43 percent of family offices are developing or rolling...0 Comments 0 Shares 6K Views 0 Reviews
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Foxconn Technology invests $30M in Robocore to expand into medical, elderly care robotics marketTaiwan-based Foxconn Technology Co., Ltd (FTC) has invested $30 million in Hong Kong-based robotics firm Robocore Technology Limited to expand into medical, elderly care robotics market. Robocore, a partner of the Hong Kong Science and Technology Parks Corporation (HKSTP), announced in a statement on Tuesday the completion of its Series D funding. FTC, through its wholly-owned subsidiary...0 Comments 0 Shares 2K Views 0 Reviews
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Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detectionPHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round. The firm said in a statement that this represents the largest Series A raise in Asia’s diagnostic technology sector since 2019, reflecting robust investor conviction in PHASE Scientific’s innovative PHASIFY™...0 Comments 0 Shares 10K Views 0 Reviews
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Comments 0 Shares 1K Views 0 Reviews
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Japan’s SoftBank to invest $2B in global technology firm IntelJapanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor...0 Comments 0 Shares 1K Views 0 Reviews
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MARii partners Petronas to drive automotive innovation with AI-powered predictive maintenance technologyThe Malaysia Automotive Robotics and IoT Institute (MARii) and Petroliam Nasional Bhd (Petronas) have forged strategic partnership to drive automotive innovation with artificial intelligence (AI)-powered predictive maintenance technology. MARii said in a statement on Thursday that the firm and Petronas’s project management and technical services commercialization arm, Petronas Global...0 Comments 0 Shares 6K Views 0 Reviews
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MAS’ experts panel proposes ways to enhance technology resilienceThe Monetary Authority of Singapore’s (MAS) Cyber and Technology Resilience Experts (CTREX) Panel has proposed ways to enhance technology resilience and tackle emerging threats. MAS said in a statement on last Friday that the key insights and recommendations from the panel recent meeting include adopting a service-centric approach to strengthen operational resilience; addressing...0 Comments 0 Shares 7K Views 0 Reviews
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Maybank stays cautious on Malaysia’s technology sector amid US tariff turbulenceMaybank Investment Bank has remained cautious on Malaysia’s technology sector amid US tariff uncertainties. The research house said in a recent report that against the backdrop of emergent systemic risks (Sino-Western decoupling, US reciprocal tariff policy and fiscal deterioration, escalating Middle East conflict etc. that has threatened the integrity of global semicon supply chains,...0 Comments 0 Shares 4K Views 0 Reviews
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Malaysia government to study impact of DeepSeek AI platform on MalaysiaThe government is studying the impact of China’s open-source artificial intelligence (AI) platform DeepSeek on Malaysia, said Digital Minister Gobind Singh Deo. DeepSeek is rapidly gaining popularity, and its AI model is reported to rival or exceed the capabilities of established platforms such as OpenAI’s ChatGPT, national news agency Bernama reported. Gobind said the government...0 Comments 0 Shares 9K Views 0 Reviews
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