Malaysia’s Fire Service Plans RM1.8 Billion Modernisation, Including Rescue Robots
Budget 2027 development spending will support fire-service vehicles, stations and equipment, while robotics and electric vehicles remain plans for assessment.
Tag: PREMIUM
Banga Says Capital Remains Available as AI Investment Pressures Costs
Ajay Banga says AI-related borrowing concerns have not exhausted capital, pointing to World Bank Group mobilisation and differing financing needs across markets.
OCBC Ranks Third Globally in Bank Strength Assessment
OCBC rose to third place globally and first in Asia-Pacific, while Singapore peers DBS and UOB ranked 23rd and 187th in the latest bank assessment.
TNB Sets One-Year Grid Connection Goal for Approved Data Centres
TNB’s one-year connection pledge is tied to ministry committee approval and comes as the utility plans for data-centre demand and renewable integration.
Malaysia to Pursue Civil Action Against Zetrix Over RM314m JPJ Collections
The government says it is pursuing civil action against Zetrix AI over RM314 million in JPJ collections, while reviewing direct-payment and guarantee safeguards.
HSBC Profit Rises 32% as Bank Adds US$1 Billion Buyback
HSBC reported US$9.63 billion in third-quarter profit before tax and announced another buyback as Asia drove most nine-month net new money.
Unitree Robotics Rally Extends 65% as Valuation Risks Intensify
Unitree Robotics has surged about 65% in seven sessions, but extreme turnover and a steep earnings multiple put commercial execution under scrutiny.
Nvidia Invests US$3 Billion as Meta Deepens Muse Partnership
Nvidia's US$3 billion Meta investment strengthens a partnership around Muse, an enterprise AI agent built to work across approved business applications.
Singapore Commits S$150 Million to AI-Led Materials Discovery
Singapore is investing S$150 million in Marvel-AI, a national platform designed to connect automated materials discovery with industrial validation and deployment.
Anthropic Philanthropy Pledge Puts AI Wealth Governance in Focus
Anthropic's planned share donation could create a vast charitable pool, but control, disclosure and distribution will determine its public value.