Features
THE EXCHANGE ASIA
DeepSeek’s AI Assistant Surpasses ChatGPT as Top-Rated Free App
A newly launched AI model called DeepSeek, developed by a China-based startup, is causing a major stir in the U.S. tech industry. The reason? It’s outperforming Big Tech’s AI heavyweights while reportedly operating with significantly less funding and fewer technological resources.
THE EXCHANGE ASIA
OB Holdings Berhad Posts RM12.7M Revenue for 2QFY25
KUALA LUMPUR: Recently-listed OB Holdings Berhad (“OB Holdings” or the “Company”) (“东盛控股公司”), a provider of fortified food and beverage (F&B) and dietary supplement manufacturing services, has announced its financial results for the second quarter (“2QFY25”) and six months ending 31 May 2025 (“1HFY25”).
THE EXCHANGE ASIA
Gamuda Appointed Main Contractor for RM8 Billion Penang LRT Mutiara Line
KUALA LUMPUR: Gamuda Bhd (KL:GAMUDA), through its consortium, has secured the contract for the first civil works package of the Penang Light Rail Transit (LRT) project. The contract, valued at RM8.31 billion, marks a significant milestone for the long-awaited infrastructure project.

World ID Expands Android Support in Malaysia, Boosting Developer Opportunities
KUALA LUMPUR: World Network, has officially launched Android support for World ID Credentials in Malaysia. This expansion significantly enhances global

APAC Office Market Struggles, but Australia & Japan Shine
The Asia-Pacific office market experienced a challenging year in 2024, with prime rents resuming their decline after a brief period

TechStore Berhad’s ACE Market IPO Oversubscribed 96.66 Times Ahead of Listing
KUALA LUMPUR: Enterprise IT services provider TechStore Berhad (“TechStore”) (科技万库有限公司) has attracted overwhelming investor interest for its initial public offering

INFINITY8 Marks 8th Anniversary with Kuala Lumpur Expansion
KUALA LUMPUR: The last eight years have seen many changes for INFINITY8, Malaysia’s leading homegrown co-working space brand. In under

Khazanah Reports RM5.1 Billion Profit in 2024
PETALING JAYA: Khazanah Nasional Bhd recorded a profit from operations of RM5.1 billion for 2024 while maintaining a robust realisable

U.S.-China Trade War Threatens to Shrink U.S. Crude Exports in 2025
HOUSTON: Rising trade tensions between the United States and China could lead to a decline in U.S. crude oil exports

Singapore Narrows 2024 GDP Growth Forecast to 2%-3%


AirAsia pushes for a more liberalised air travel landscape in Asean

BNM has left its base rate unchanged: Octa broker analyses the decision
