MAS introduces measures to strengthen Singapore’s competitiveness as leading asset management hub

The Monetary Authority of Singapore (MAS) announced Wednesday a set of measures to strengthen Singapore's competitiveness as a leading asset management hub.

38% of Malaysian businesses use AU, but most stuck on basics: AWS

The share of Malaysian businesses that consistently use at least one AI tool rose to 38 percent from 27 percent a year earlier, according to "Unlocking Malaysia's AI Potential…

New Zealand’s Neocrete raises $3.5M to expand low-carbon concrete technology

Neocrete, a New Zealand company that develops technology to cut the carbon and cost of concrete, has raised $3.5 million in a funding round led by returning investor Wavemaker…

Carousell Malaysia adds Shopee’s SPX Express for label-less delivery at 1,000 service points

Carousell Malaysia, under Singapore-based recommerce platform Carousell, has added SPX Express, the courier affiliated with the e-commerce platform Shopee, as a delivery option on…

Singapore’s Timah Partners secures $47M debt facility for SME acquisitions

Timah Partners, a Singapore-based holding company that buys small and medium-sized enterprises from retiring owners, has secured a S$60 million ($47 million) debt facility to fund…

GoTyme becomes first Philippine digital bank to offer Apple Pay to 10 million customers

GoTyme Bank has enabled Apple Pay for its customers in the Philippines, becoming the first digital bank in the country to offer the service, its card processor Paymentology said…

China’s Tencent Cloud to build first Malaysia cloud region in Johor, expand AI training

Tencent Cloud, the cloud unit of Chinese technology giant Tencent, will establish its first cloud region in Malaysia, comprising up to three availability zones in Johor, and will…

Singapore’s Thunes, US’s Fiserv team up for real-time global payouts

Thunes, the Singapore-based payment firm, and Fiserv, a US payments and financial services technology provider, announced Monday a strategic collaboration for real-time global…

Sarawak Metro partners with Revenue Group to power KUTS mobile app with advanced payment tokenization

Sarawak Metro Sdn Bhd, the state-owned enterprise which had been appointed to develop, operate and maintain the Kuching Urban Transportation System (KUTS) project, announced…

Maybank and Haier partner to drive smart energy adoption across ASEAN

Malayan Banking Berhad (Maybank) and Haier Energy Sdn Bhd (Haier Energy), a subsidiary of Haier Group headquartered in China, have entered into a Heads of Agreement (HoA) to form…

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