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...