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Category: News

  • Sunway Medical Centre Maintains Its Position as Malaysia’s Leading Paediatrics Provider for Third Consecutive Year in Latest Newsweek APAC Rankings

    Sunway Medical Centre Maintains Its Position as Malaysia’s Leading Paediatrics Provider for Third Consecutive Year in Latest Newsweek APAC Rankings

    Sunway Medical Centre Retains Malaysia’s Top Spot in Paediatrics for Third Consecutive Year in Newsweek’s APAC Rankings. Sunway Medical Centre, Sunway City (SMC), Malaysia’s largest private quaternary hospital, has once again secured the nation’s top ranking in Paediatrics for the third consecutive year, according to the prestigious Newsweek Best Specialized Hospitals Asia Pacific (APAC) 2025 rankings. Additionally, SMC has earned a spot among the top 30 hospitals in the Asia Pacific region for Paediatrics and has also ranked in the top 75 hospitals for six other key specialties—Neurology, Neurosurgery, Cardiology, Cardiac Surgery, Oncology, and Orthopaedics.

    Dato’ Lau Beng Long, President of Sunway Healthcare Group, expressed pride in the hospital’s continued recognition for clinical excellence, particularly in paediatric care. He highlighted the hospital’s Children’s Health and Development Centre, which hosts the most extensive range of paediatric subspecialties in Malaysia—offering 26 subspecialties supported by 50 experienced consultants. A notable milestone is SMC’s launch of Malaysia’s first private hospital 24-hour standalone Children’s Emergency Department, designed as a dedicated, comforting space for children, separate from the adult emergency unit.

    Further cementing its leadership in specialised care, SMC is also known for its advanced paediatric services in areas such as haematology, gastroenterology, oncology, and transplant medicine. It was the first private hospital in Malaysia to successfully perform a paediatric kidney transplant, reinforcing its pioneering role in complex treatments. Dato’ Lau also noted that SMC continues to strengthen its adult specialties, including cardiology, oncology, neurology, gastroenterology, and orthopaedic surgery.

    Dr. Seow Vei Ken, Chief Executive Officer of Sunway Medical Centre, said the recognition underscores the hospital’s commitment to clinical excellence and patient-focused care, especially in paediatrics. He highlighted the Paediatric Intensive Care Unit (PICU) as a key component of SMC’s paediatric ecosystem, featuring 17 fully equipped beds, 24/7 care by three paediatric intensivists, and a team of highly trained nurses to manage complex cases across various medical and surgical needs.

    As the flagship hospital of the Sunway Healthcare Group, SMC is home to over 300 resident medical consultants across 60 medical specialties and 28 Centres of Excellence. With the upcoming completion of its sixth building, Tower F (Children’s Pavilion), SMC will expand its capacity to more than 1,100 beds—further reinforcing its role as a leading healthcare provider in the region.

    This latest achievement adds to SMC’s growing list of accolades, including its recent recognition as Malaysia’s top hospital and one of the world’s top 250 hospitals in the World’s Best Hospitals 2025 ranking by Newsweek. It also claimed the Hospital of the Year (Malaysia) title at the Healthcare Asia Awards 2025—an honour it has received for four consecutive years.

    These consistent recognitions solidify Sunway Medical Centre’s status as a regional healthcare leader, driven by a mission to deliver world-class, compassionate care across all stages of life.

  • ICAEW: Malaysia’s economic growth is expected to moderate due to global challenges, but monetary easing will help sustain domestic demand.

    ICAEW: Malaysia’s economic growth is expected to moderate due to global challenges, but monetary easing will help sustain domestic demand.

    Malaysia’s Economic Growth to Slow in 2025 Amid Global Uncertainties, ICAEW Reports. Malaysia’s economy is expected to grow at a slower pace in 2025 as external challenges weigh on the country’s trade-dependent sectors, according to the latest ICAEW Southeast Asia Economic Insight: Q2 2025 report. The nation’s GDP growth is projected to moderate to 4.3% in 2025, down from 5.1% in 2024. The slowdown reflects the impact of escalating global trade tensions, softer demand from major export destinations like the United States and China, and overall subdued external sentiment.

    Despite a temporary export boost early in the year—particularly in April 2025, when goods exports surged by 26% year-on-year due to front-loaded shipments ahead of U.S. tariff hikes—the uplift is expected to be short-lived. Export growth had already slowed sharply in Q1 2025 to just 1.6% year-on-year, well below the 7.1% average of the preceding three quarters. Malaysia’s heavy reliance on external markets, especially the U.S., which accounts for more than 4% of GDP and around 11% of gross exports, continues to expose the economy to volatility. The imposition of a 10% U.S. tariff on Malaysian imports, while less severe than the initially proposed 24%, still poses a considerable downside risk.

    China’s weakening demand adds further pressure, as it remains Malaysia’s largest export destination. However, one of the country’s saving graces has been its resilient electrical and electronics (E&E) sector. Global demand for semiconductors and related components—key segments in which Malaysia plays a vital role—has helped E&E exports grow by approximately 20% year-to-date. This sector remains critical to sustaining export performance amid global headwinds.

    GDP, private consumption and goods and services exports trends

    Tourism also continues to support economic activity. Visitors from ASEAN nations, who made up 67% of all tourist arrivals in 2024, are helping to stabilize the sector. In Q1 2025, tourism-related service exports grew by 17% year-on-year. Nonetheless, the outlook for further growth may be tempered by income and employment uncertainties in key source countries.

    With limited room for fiscal expansion due to elevated public debt, monetary policy is expected to take the lead in supporting domestic demand. Inflation remains modest at around 1.5%, creating the conditions for Bank Negara Malaysia (BNM) to potentially cut interest rates by 50 basis points later this year. The central bank has already indicated an accommodative stance aimed at mitigating the effects of sluggish domestic investment and consumer spending.

    Speaking at the ASEAN Investment Conference 2025 in Kuala Lumpur, Dato’ Mohammad Faiz Azmi, Executive Chairman of the Securities Commission Malaysia and an ICAEW Council Member, emphasized the importance of ASEAN collaboration. He noted that the region’s collective strength lies in its unity and shared goals, urging deeper regional investment and cooperation to cushion against global volatility.

    ICAEW also pointed to a clear trend of deceleration in Malaysia’s key economic indicators between March 2022 and March 2025, including GDP growth, private consumption, and exports. Nevertheless, the report concludes that Malaysia’s economy remains on a stable course, underpinned by robust sectors and responsive policymaking.

  • AMD Unveils Latest Radeon GPUs and Ryzen Threadripper CPUs at COMPUTEX 2025

    AMD Unveils Latest Radeon GPUs and Ryzen Threadripper CPUs at COMPUTEX 2025

    At COMPUTEX 2025, AMD (NASDAQ: AMD) took center stage with the unveiling of its latest innovations in high-performance computing, showcasing new products that redefine the landscape for gamers, creators, and professionals alike. The tech giant introduced the Radeon™ RX 9060 XT and Radeon™ AI PRO R9700 graphics cards, alongside the powerful Ryzen™ Threadripper™ 9000 Series processors—each purpose-built to meet the growing demands of AI development, immersive gaming, and data-heavy creative workflows.

    Powered by AMD’s next-generation RDNA™ 4 architecture, the Radeon RX 9060 XT delivers ultra-smooth 1440p gaming, featuring up to 16GB of GDDR6 memory, 32 compute units, and significantly improved ray tracing capabilities—doubling the throughput of its predecessor. With integrated second-gen AI accelerators and support for FidelityFX™ Super Resolution 4 (FSR 4) and HYPR-RX, this GPU brings machine learning-powered performance boosts and immersive graphics to the forefront of gameplay and creative expression.

    Targeted at professionals working with AI workloads, the Radeon AI PRO R9700 is built for scalability and efficiency. With 64 compute units, 32GB of VRAM, and PCIe® Gen 5 support, this card offers high-throughput local AI inference and model finetuning. It leverages AMD’s ROCm™ software stack, and its multi-GPU compatibility allows for expansive parallel processing capabilities—ideal for rendering, simulation, or training AI models.

    Alongside these GPUs, AMD introduced the Ryzen Threadripper PRO 9000 WX-Series and Ryzen Threadripper 9000 Series CPUs, raising the bar for workstation and enthusiast desktop computing. The flagship Ryzen Threadripper PRO 9995WX features 96 cores and 192 threads, 128 lanes of PCIe® 5.0, and up to 480MB of cache, making it ideal for demanding tasks such as VFX rendering, real-time physics simulation, and localized AI training. These processors come equipped with AMD PRO Technologies, offering enterprise-grade security and management.

    For high-end desktop users, the standard Ryzen Threadripper 9000 Series still offers up to 64 cores and benefits from massive memory bandwidth and high boost clocks of up to 5.4 GHz, ensuring a smooth workflow for content creation and complex compute tasks.

    AMD also highlighted its role in the expanding world of AI PCs, collaborating with ASUS and Lenovo on new Copilot+ commercial systems. The ASUS Expert P Series and Lenovo ThinkStation P8 are among the first to leverage the new Ryzen AI PRO 300 Series processors, delivering over 50+ TOPS of NPU performance with enterprise-ready features for the modern workplace.

    Overall, AMD’s announcements at COMPUTEX 2025 reinforce its leadership in high-performance and AI-accelerated computing. From workstation powerhouses to next-gen gaming graphics and AI-capable PCs, AMD continues to push the boundaries of what’s possible for professionals and enthusiasts alike.

  • Malaysia Gears Up for Southeast Asia’s First Smart City Expo

    Malaysia Gears Up for Southeast Asia’s First Smart City Expo

    Malaysia Launches Countdown to Southeast Asia’s First Smart City Expo. Malaysia has officially launched the 100-day countdown to Smart City Expo Kuala Lumpur 2025 (SCEKL25) — the first Southeast Asian edition of the globally recognised Smart City Expo World Congress Barcelona. Set to take place from 17 to 19 September 2025, the landmark event will be held in the heart of Kuala Lumpur, firmly positioning the nation as a regional leader in smart city innovation, digital transformation, and sustainable urban development.

    Under the theme “AI Cities: Shaping Our Digital Future,” SCEKL25 reflects Malaysia’s forward-looking vision to build intelligent, inclusive, and resilient urban environments powered by artificial intelligence and emerging technologies. The Expo is co-organised by the Malaysia Digital Economy Corporation (MDEC) and Digital Nasional Berhad (DNB) for the Ministry of Digital, and will convene global leaders, investors, tech innovators, and policymakers to explore the evolving landscape of smart cities across ASEAN.

    SCEKL25 is anchored by four strategic pillars: AI Cities, Sustainable and Resilient Cities, Digital Entrepreneurship and Economic Development, and Community Empowerment through Digital Solutions. These pillars align with Malaysia’s Fourth National Physical Plan (NPP4) and its aspiration to become a Smart Nation by 2040, showcasing how digital innovation can enhance quality of life and drive inclusive growth.

    The Minister of Digital, YB Gobind Singh Deo, hailed SCEKL25 as a transformative milestone for the country. “This Expo sets the stage for meaningful conversations about the future of urban innovation. As ASEAN’s digital economy accelerates, SCEKL25 offers a vital platform to spotlight cutting-edge technologies and foster collaboration across borders,” he said.

    MDEC CEO Anuar Fariz Fadzil described the event as a catalyst for the smart city revolution in the region, emphasizing Malaysia’s commitment to building cities that are empowered by AI and designed for sustainability and inclusivity. Echoing this, DNB CEO Datuk Azman Ismail highlighted the critical role of 5G infrastructure in enabling next-generation urban solutions, stating that the Expo will underscore how real-time connectivity can power intelligent systems and resilient urban ecosystems.

    SCEKL25 also holds strategic regional importance as Malaysia takes on the ASEAN Chairmanship in 2025. The event will support the implementation of the ASEAN Master Plan on Connectivity 2025, fostering stronger physical, institutional, and people-to-people linkages across member nations. It is expected to attract over 2,000 delegates and 10,000 visitors, including international participants, and generate opportunities in trade, foreign investment, and cross-border collaboration.

    The Expo unveiled an impressive lineup of partners, including Diamond Partners Dell Technologies and Intel, Official Innovation Partner Huawei, and Gold Partner Ericsson. It also boasts strong backing from Strategic Partners such as MIGHT, Malaysia Smart Cities Alliance (MSCA), Smart Cities Network, and the Malaysia PropTech Association — reflecting a unified industry push to lead the smart city agenda in ASEAN.

    For more details, visit the official website at www.smartcityexpokl.com.

  • Ringkas Secures US\$5.1M in Pre-Series A Funding to Expand AI-Driven Mortgage Solutions Across Malaysia and Southeast Asia

    Ringkas Secures US\$5.1M in Pre-Series A Funding to Expand AI-Driven Mortgage Solutions Across Malaysia and Southeast Asia

    Ringkas Raises US\$5.1M Pre-Series A to Expand AI-Powered Mortgage Solutions Across Southeast Asia. Ringkas, a fast-growing embedded financial infrastructure platform, has successfully secured US\$5.1 million in its Pre-Series A funding round, marking a major milestone in its mission to simplify and scale access to mortgage financing across Southeast Asia. The round drew participation from notable investors including Flourish Ventures, Kadan Capital, and several strategic and existing backers, underscoring strong investor confidence in Ringkas’ vision to transform the region’s home financing ecosystem.

    Founded with the ambition to break down barriers to homeownership, Ringkas aims to empower millions of Southeast Asians with faster, smarter, and more accessible mortgage solutions. The new capital injection will fuel the company’s regional expansion and deepen its investment in artificial intelligence capabilities. As part of this growth strategy, Ringkas is actively recruiting top AI talent across Vietnam and Southeast Asia, positioning the region as a hub for AI innovation in financial services.

    Ringkas has already made significant strides in the market, operating in 47 cities, partnering with 150 property projects, and collaborating with 29 banks through 700 branches. These achievements lay a strong foundation for the platform’s next phase of scale and innovation, as it continues to build an AI-driven ecosystem that integrates seamlessly into consumers’ everyday digital lives.

    “Our mission is to build a seamless, AI-driven financial infrastructure platform that embeds into the everyday digital lives of Southeast Asians,” said Ilya Kravtsov, Co-founder of Ringkas. “This investment helps us move faster in making mortgage finance more accessible while laying the groundwork for broader financial inclusion through future AI capabilities.”

    Across markets like Indonesia, Vietnam, the Philippines, and Malaysia, millions of families still face systemic barriers to obtaining affordable mortgage financing. Ringkas addresses this challenge by providing personalized mortgage recommendations, real-time financial advisory, and pre-approvals through embedded partnerships with banks, property developers, and digital platforms.

    The company’s progress has attracted attention from global investors. “Ringkas has emerged as the leading platform making homeownership in Indonesia more accessible and seamless. The visionary founding team and their powerful network of partners have reinforced our belief in the company,” said Rei Murakami Frenzel, Founding Partner at Kadan Capital.

    Ravi Kaushik, Executive Director at Flourish Ventures, added, “Ringkas is addressing one of the region’s most pressing challenges by making mortgage financing more accessible through technology. Their strong execution in Indonesia, combined with a thoughtful approach to regional expansion and AI integration, positions them well to build a meaningful and scalable financial solution for Southeast Asia.”

    Looking ahead, Ringkas plans to deepen its R\&D and AI development footprint in Vietnam, leveraging the country’s vibrant tech talent and growing digital economy. As the company accelerates its expansion, this Pre-Series A round signals not only a strategic leap toward transforming access to homeownership, but also a broader commitment to building a resilient, inclusive financial infrastructure for the future of Southeast Asia.