Digital Hub Asia

VICTORIA, Seychelles, Nov 6 (Bernama-GLOBE NEWSWIRE) -- Bitget , the world's largest Universal Exchange (UEX), has announced the launch of the Open Custody Network (OCN), a new network connecting banks and institutional-grade custodians with Bitget’s trading infrastructure for all eligible users. The initiative addresses a longstanding structural characteristic of the cryptocurrency exchange industry: the concentration of asset custody and trading activities within a single platform. Under the traditional centralized exchange model, users typically transfer their assets to an exchange to access the trading capabilities, concentrating custody and execution within the same venue. Bitget OCN aims to address this shift by uniting custody independence, banking and institutional-grade security, integrated exchange trading, capital efficiency, and connected liquidity. Through Bitget OCN, users can maintain custody of their assets with participating external providers while accessing trad...

KUALA LUMPUR, Nov 6 (Bernama) -- Stockholm-based video advertising company, SeenThis has launched SeenThis Studio MCP, which connects artificial intelligence (AI) tools such as Claude and ChatGPT to SeenThis Studio platform, allowing them to build video ads from a single brief. “AI is changing how every agency works, and video advertising is next. SeenThis has always built the technology behind the ad, from creation to delivery, and SeenThis Studio MCP puts that technology to work for the AI tools agencies already rely on,” said SeenThis Chief Executive Officer, Jesper Benon. The tool uses Model Context Protocol (MCP), an open standard for connecting AI tools to other software, and is available in early access to a limited group of agencies and brands, the company said in a statement. Teams share a brief with the AI tool they already use, which then builds and animates editable video ads in the required formats, creates versions for different markets, languages and offers, and shares p...

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO New facility strengthens Malaysia’s semiconductor and advanced manufacturing ecosystem and deepens local supply chain ecosystem KULIM, Kedah, Nov 5 (Bernama) -- Ferrotec Group has further strengthened its manufacturing footprint in Malaysia with the official opening of Ferrotec Manufacturing Malaysia’s Plant 2 in Padang Meha, Kulim, on 28 October 2026. This marks another significant milestone in the Group’s expansion in Southeast Asia and its continued commitment to Malaysia’s semiconductor and advanced manufacturing ecosystem. Malaysia remains an important part of Ferrotec’s Southeast Asian growth strategy, supported by growing semiconductor demand, Malaysia’s established semiconductor ecosystem and the performance of the Group’s existing operations in the country. The grand opening ceremony was officiated by YAB Dato’ Seri Haji Muhammad Sanusi bin Md Nor, Menteri Besar of Kedah. He was joined by Mr. He Xian Han, President and Gro...

KUALA LUMPUR, Nov 5 (Bernama) -- Data management company, Denodo has been named a Leader in research firm Gartner’s Magic Quadrant for Data Integration Tools for the seventh consecutive year. The 2026 report, published on Nov 2, analysed 19 vendors. Denodo said it believes the recognition reflects the strength of its support for agentic artificial intelligence (AI) and the loyalty of its customers. “We are extremely proud that Gartner has once again recognised Denodo as a Leader in the Magic Quadrant for Data Integration Tools, as Gartner has done for the previous six years,” said Denodo Senior Vice President and Chief Marketing Officer Ravi Shankar. In a statement, he said data integration was increasingly driven by the needs of AI agents, which require data that is integrated, governed and supported by business context. Gartner said in the report that by 2028, 60 per cent of data integration tasks will be completed autonomously, freeing up 20 per cent of data engineers’ time. Since l...

KUALA LUMPUR, Nov 4 (Bernama) -- Chery Group’s LUXEED announced its plan to enter more than 60 markets within five years, at its global brand launch in Wuhu, where it unveiled the LLounge luxury multi-purpose vehicle (MPV) and the Stormax performance sport utility vehicle (SUV). In a statement, the company said it would maintain consistent product standards worldwide and deliver a seamless customer experience across its markets. The LLounge, designed for business and family travel, features 123-degree zero-gravity seats and second-row seats that rotate to 45, 90 and 180 degrees. It also has a 33-speaker audio system and an all-aluminium suspension with air springs and continuous damping control, designed to balance comfort and handling on long journeys. The Stormax is built on an all-aluminium high-performance chassis and focuses on responsive power and controllable handling. Its intelligent driving assistance system combines multiple sensors with eight layers of safety redundancy for ...

KUALA LUMPUR, Nov 3 (Bernama) -- YYForce Inc (YYForce) announced its shares are trading at a steep discount to book value, with its market capitalisation at about a tenth of its reported net assets. The workforce solutions and facility management services provider put its estimated market value at about US$2.1 million as of Oct 30, 2026, against net assets of about US$21.9 million as of June 30, a discount of about 90.4 per cent. (US$1 = RM4.06) The company’s total assets stood at about US$38 million, according to its Form 6-K filing on Sept 25. The company cautioned that the comparison uses rounded figures from different dates. It added that book equity does not represent unrestricted cash, tangible net assets, liquidation proceeds or an estimate of intrinsic value. “We believe the difference between our reported book equity and public market capitalisation warrants investors’ attention. Our responsibility is to provide clear financial information and execute our commercial strategy,“...