Digital Hub Asia

  KUALA LUMPUR, Oct 30 (Bernama) -- Libya’s Alushibe Holding Group announced its plan to bring 12 international food and beverage brands to the country by 2028 via its Retail & Destinations division, beginning with Turkish ice cream and patisserie chain MADO. Alushibe has signed an exclusive master franchise agreement giving it the rights to develop and operate MADO in Libya, the brand’s 36th country, the company said in a statement. The agreement was signed in Kahramanmaraş, Türkiye, on Oct 13 by Alushibe Founder and Chairman, Ahmed Gadalla, and MADO Chairman, Mehmet Sait Kanbur. Alushibe will invest US$7 million in the first phase, opening seven cafés and creating 350 jobs, starting in Benghazi before expanding to Tripoli and other major cities. (US$1 = RM4.05) “MADO earned its name over 176 years in Kahramanmaraş. Libyan teams will deliver it, because the measure of this programme is not only what Libyans can buy but also what Libyans can build,” said Ahm...

KUALA LUMPUR, Oct 29 (Bernama) -- More than 150 investors, corporate leaders, policymakers and innovators met European deep-tech companies at the European Innovation Night in Singapore on Oct 28, an event aimed at building business and investment partnerships between Europe and Singapore. According to the European Innovation Council (EIC) in a statement, Singapore is the second-largest source of investment in EIC-backed companies outside Europe, after the United States. “Singapore is a strategic partner for the EIC, with strong investment ties to our portfolio and shared ambitions for innovation, competitiveness and sustainable growth,” said EIC Head of Department, Stéphane Ouaki. More than 60 European start-ups and scale-ups attended, including 12 backed by the EIC, and are meeting Singaporean investors and corporates to explore partnerships, co-development, supply chain integration and investment, throughout the week. National Research Foundation Singapore Chairman, Heng Swee Keat sa...

KUALA LUMPUR, Oct 29 (Bernama) -- YYForce Inc (YYForce) is targeting US$20 million in revenue from its Malaysian operations in its 2027 financial year (FY2027), after signing new hospitality contracts and expanding its service robot deployments in the country. (US$1 = RM4.07) The target would double management’s expected Malaysian revenue of about US$10 million for FY2026, YYForce said in a statement. Its Malaysian subsidiary has signed service agreements with international hotel operators, supporting YYForce’s strategy of combining workforce services with facility automation. YYForce said the FY2027 figure is a management target rather than revenue already secured under signed contracts, and that achieving it will depend on factors including contract implementation, customer retention and the availability of staff, equipment and working capital. The FY2026 figure is based on current expectations rather than completed full-year results. “We are targeting US$20 million in Malaysian reve...

KUALA LUMPUR, Oct 29 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, United States satellite firm Viasat Inc and Canada’s Terrestar Solutions Inc have signed a memorandum of understanding (MoU) to develop an open, standards-based framework linking their planned satellite networks for direct-to-device (D2D) mobile services. The MoU was signed during Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan’s official visit to Canada, where he held talks with Prime Minister Mark Carney. The framework would link Terrestar’s planned Canadian low-Earth orbit constellation, CaStar, with Equatys, a planned global shared platform for D2D and other mobile-satellite services (MSS). Space42 and Viasat signed a binding agreement in September to co-found Equatys, backed by up to US$1 billion in combined equity commitments. (US$1 = RM4.07) Each operator would keep ownership and control of its satellites, ground infrastruct...

KUALA LUMPUR, Oct 27 (Bernama) -- Cloud-based logistics platform SmartKargo has launched four artificial intelligence (AI) applications for airlines, designed to help increase revenue, cut costs and reduce risk in their cargo operations. The apps are delivered through application programming interfaces (APIs) and run on top of an airline’s existing cargo management system, whether commercial or built in-house, so no system migration is required. The company said the apps are modular and can go live within weeks. “At SmartKargo, we start with something far more useful than hype: a business question. These apps are not a research project or a roadmap slide,” said SmartKargo Chief Revenue Officer, Olivier Houri adding that they were built to plug into whatever cargo system an airline already runs and grow with. In a statement, the company said it tests every capability against those goals before building or deploying it. The AIRCAM app forecasts capacity, predicts demand and recommends dy...

KUALA LUMPUR, Oct 27 (Bernama) -- Huayan Robotics will showcase a seven-axis humanoid robotic arm alongside automation solutions for welding, palletising and machine tending at Robotworld 2026, to be held in Goyang, South Korea, from Nov 4 to 7. The company will exhibit at the KINTEX exhibition centre and will also display core motion components for embodied artificial intelligence (AI), the technology that allows robots to sense and act in the physical world. The robotic arm is designed for integration into humanoid and other embodied robotic platforms, combining force control in every joint with internal cable routing and native support for the Robot Operating System 2 (ROS 2). Its open development interfaces allow developers to connect it with other hardware and software systems. According to the company in a statement, the components on show include humanoid joint modules, frameless motors and high-precision XYZ motion stages. The welding system is built around the company’s E12-Pr...

VICTORIA, Seychelles, Oct 27 (Bernama-GLOBE NEWSWIRE) -- Bitget , the world's largest Universal Exchange (UEX), has upgraded Stock Dual Investment, expanding its structured investment offerings to tokenized U.S. Equities through a partnership with VETA Finance. The launch introduces new stock-linked underlying assets and maturity options, allowing users to earn fixed-term yields while executing predefined strategies based on market conditions. Stock Dual Investment lets users earn yield on USDT or eligible tokenized U.S. Equities over a fixed investment period, with settlement determined by a predefined target price and the assets's market performance at maturity. Current underlying assets include rNVDA, rGOOGL and rAMD, providing exposure to tokenized equities linked to NVIDIA, Alphabet, and AMD. Buy Low allows users to subscribe with USDT and pick a target price for an eligible rToken. If the settlement price at maturity is at or below the target price, the investment is con...

  SYDNEY, Oct 23 (Bernama-GLOBE NEWSWIRE) -- TradFi perpetual futures bring 24/7 continuous trading to global traditional markets through the Axi Trading Platform and MT5. Axi is expanding its perpetual futures offering into traditional financial markets, extending access to eligible clients beyond its existing cryptocurrency lineup and bringing continuous trading opportunities to traditional asset classes. Available through the Axi Trading Platform and MetaTrader5 (MT5), the expansion enables eligible clients to access traditional financial markets 24 hours a day, seven days a week, including weekends. The launch builds on Axi’s existing crypto perpetual futures offering, broadening its product range to reflect evolving approaches to accessing global markets. Traditional financial markets have historically operated around established trading sessions with market access shaped by exchange opening hours, closing times and holidays. Perpetual futures offer a different approach, allow...

  Support from EDB and EDBI to facilitate regional growth and continuous, evidence‑based cyber resilience SINGAPORE, Oct 20 (Bernama-BUSINESS WIRE) -- Please replace the release dated October 18, 2026, with the following corrected version due to multiple revisions. The updated release reads: HORIZON3 EXPANDS IN SINGAPORE TO ACCELERATE AI‑NATIVE PROACTIVE SECURITY ACROSS SOUTHEAST ASIA Support from EDB and EDBI to facilitate regional growth and continuous, evidence‑based cyber resilience Horizon3, the AI-native proactive security leader, today announced a strategic expansion in Singapore, supported by the Singapore Economic Development Board (EDB) and EDBI, part of SG Growth Capital, the strategic investment platform established by EDB and Enterprise Singapore. This expansion is to meet accelerating demand across Southeast Asia for continuous, evidence‑based security validation as AI‑driven cyberattacks escalate in speed, scale and sophistication. Horizon3 is establishing its ASEAN ...

  DUBAI, United Arab Emirates, Oct 16 (Bernama-GLOBE NEWSWIRE) -- GTCFX is pleased to announce the appointment of Abdulrahman Ahmed Al Ali as General Manager, marking a significant step in the company's continued commitment to strengthening its leadership, enhancing operational excellence, and advancing sustainable growth. With more than 12 years of experience in the UAE's financial services and capital markets sector, Abdulrahman brings extensive expertise in financial regulation, corporate governance, and regulatory compliance. His appointment reinforces GTCFX's focus on experienced leadership, professional standards, and long-term strategic development. Extensive Experience in Financial Markets Prior to joining GTCFX, Abdulrahman served as a Legal Specialist within the Enforcement Department of the UAE's Securities and Commodities Authority (SCA), now the Capital Market Authority (CMA), from March 2014 to August 2026. Throughout his career, he developed a comprehensi...

Selangor Targets High-Tech Workforce Surge: Scout Talent Expo 2026 Opens With 10,000 Jobs In Aerospace, Chips, And Green Tech Anchored under the 10th Selangor International Business Summit (SIBS 2026), the three-day career showcase connects over 140 premier employers with Malaysian talent, featuring on-the-spot interviews and RM30,000 in incentives. KUALA LUMPUR, Oct 16 (Bernama) -- The Selangor Career Outreach (SCOUT) Talent Expo 2026 launched yesterday at the Kuala Lumpur Convention Centre (KLCC), offering more than 140 participating companies, with over 2,000 positions available and 10,000 job vacancies specialised roles across high-growth industries. Running from 15 to 17 October at Hall 7, Level 3, the three-day talent drive serves as a strategic cornerstone of the 10th Selangor International Business Summit (SIBS 2026). It aims to bridge the critical talent supply gap in high-value sectors, connecting fresh graduates, TVET candidates, and seasoned professionals directly with lea...

The 10th edition of the Selangor International Business Summit (SIBS) 2026 has been officially launched by H.H. Tengku Amir Shah Ibni Sultan Sharafuddin Idris Shah Alhaj, Raja Muda of Selangor, accompanied by YAB Dato’ Seri Amirudin bin Shari, Dato’ Menteri Besar Selangor; YB Tuan Lau Weng San, Speaker of the Selangor State Legislative Assembly; YB Dato’ Dr. Ahmad Fadzli bin Ahmad Tajuddin, Selangor State Secretary; and YB Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade and Mobility. KUALA LUMPUR, Oct 15 (Bernama) -- The Selangor International Business Summit (SIBS) 2026 officially opened yesterday at the Kuala Lumpur Convention Centre (KLCC). Running from 14 to 17 October 2026, the event brings together investors, industry leaders, government representatives, and the wider business community from Malaysia, the ASEAN region, and beyond. Organised by Invest Selangor Berhad and hosted by the Selangor State Government, SIBS continues to serve as a premier platf...

  Strengthening Straive’s ability to help enterprises build and run AI for measurable business outcomes NEW YORK, Oct 14 (Bernama-BUSINESS WIRE) --  Straive , a global Data & AI operationalization company, today announced that it has been named an OpenAI Select Partner within the OpenAI Partner Network. The OpenAI Partner Network is a global program for partners to build, sell, and deliver AI solutions with OpenAI. It brings together partners with deep industry expertise, delivery capabilities, and customer relationships, and provides resources and support to help enterprises turn AI capabilities into measurable impact. As an OpenAI Select Partner, Straive will work with OpenAI to help organizations build, deploy, and scale AI solutions responsibly. Straive’s Build AI and Run AI capabilities span data readiness, solution design, deployment, governance, and continuous improvement, helping enterprises embed AI into the workflows where work gets done. “AI delivers value when ...

(L to R) Abdul Rashdee Abdul Kadir, Deputy Group Chief Executive Officer and Group Chief Operating Officer; Nurezmy A. Majid, Deputy Group Chief Executive Officer and Group Chief of Staff; Dr Saat Shukri Embong, President and Group Chief Executive Officer; Dr Zulaikha Kadim, Group Chief Technology Officer, and Ir. Dr. Hazian Mamat, Group Chief of Corporate Planning & Strategy, MIMOS Berhad, shared their views following the Budget 2027 announcement, emphasising the need to accelerate R&D commercialisation, industry adoption and the development of Malaysian technologies to drive economic impact. KUALA LUMPUR, Oct 13 (Bernama) -- MIMOS Berhad welcomes the Government’s continued emphasis on strengthening Malaysia’s technology and innovation ecosystem and views Budget 2027 as an important opportunity to accelerate the transition from research and development (R&D) to commercialisation, industry adoption, and tangible national economic value. MIMOS also acknowledges the Governme...