KPMG: Singapore FinTech deal activity rises amid declining investments in first half

Singapore fintech deal activity rises amid declining investments in the first half of 2024, KPMG said Tuesday. The country's fintech deal count rose by 19 percent to 117 deals in…

Revolving Games partners Animoca Brands to develop Node Network to scale gaming ecosystem

Revolving Games, a publisher in decentralized gaming and digital ownership, has on Monday announced a collaboration with Animoca Brands to develop Node Network to scale gaming…

Malaysia Debt Ventures appoints Rizal Fauzi as its new CEO

Malaysia Debt Ventures Berhad (MDV), a government-owned entity, has on Tuesday announced the appointment of Rizal Fauzi as its new Chief Executive Officer (CEO), effective August…

people at the market

Why are some Singaporean SMEs exploring alternative marketing models like fractional marketing?

The shift towards exploring alternative marketing models like fractional marketing among #Singapore SMEs highlights a strategic adaptation to the evolving business landscape. It…

IFC allocates $5.32M to support green transition in the Philippines with EU

The International Finance Corporation (IFC) will allocate PHP 308 million ($5.31 million) to support green transition in the Philippines with the European Union (EU).

Temasek strengthens senior leadership with new appointments

Singapore state-owned fund Temasek has strengthened its senior leadership with several new appointments.

Singapore’s iMin Technology enters Johor, Malaysia with new state-of-the-art production facility

IMin Technology, the provider of Android-based Point of Sales (POS) hardware and platform provider based in Singapore, has announced the grand opening of its cutting-edge…

MAS sets up review group to strengthen equities market development

The Monetary Authority of Singapore (MAS) has announced that a Review Group has been set up to recommend measures to strengthen equities market development in Singapore.

EDBI and SEEDS merge to form SG Growth Capital to bolster Singapore’s efforts in building innovative enterprises in Singapore

Singapore-based global investor EDBI and SEEDS Capital (SEEDS) will be merged to form a new government investment entity called SG Growth Capital Pte Ltd.

person holding U.S. dollar banknote

The evolution of banking: From traditional services to self-banking solutions

The evolution of banking marks a radical change toward self-managed financial solutions, from conventional services, to banking as a service, and now decentralized finance. By…

World’s most advanced humanoid robot Ameca to come into spotlight at Techsauce Global Summit 2024 [Q&A]

In the interview, Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij also shared her views on the tech ecosystem in Thailand, the opportunities and challenges…

Grab-led GXBank to invest $333M in Malaysia over the next five years

Grab-led GX Bank Berhad (GXBank) said Friday that it will invest MYR 1.5 billion ($333 million) into Malaysia over the next five years includes the establishment of the GX Untuk…

Ayala acquires additional 8 percent stake in Mynt for $394.54M

The Philippines-based conglomerate Ayala Corporation has acquired additional 8 percent stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the finance super app…

WeChat Pay Malaysia to discontinue e-wallet service

Chinese payment firm WeChat Pay will discontinue its e-wallet service in Malaysia from September 1, 2024 due to business strategy adjustment.