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.
Maybank sees electrical vehicle sales to pick up in ASEAN
Favorable regulations, local brands and penetration of Chinese carmakers will drive electric vehicle (EV) sales higher in ASEAN, Maybank Investment Bank said Thursday.
Indonesian GoTo’s Q2 revenue up 39 percent on year to $265.58M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday that its gross revenue increased by 39 percent year on year to Rp 4.3 trillion…
Singapore’s M-DAQ Global acquires Malaysian payment firm Easy Pay Transfers
M-DAQ Global Pte. Ltd., a Singapore-headquartered fintech group, announced Wednesday that it has completed the acquisition of licensed business to business (B2B) payments service…
VinFast starts delivering the mini SUV VF 3 in Vietnam
Vietnamese automaker VinFast has officially started delivering the mini-sport utility vehicle (SUV) VF 3 to customers in Hanoi and Ho Chi Minh City, ahead of schedule.
Fraxtor breaks new ground with dual listing of real estate tokens in Singapore, Australia
Fraxtor Group, a blockchain enabled real estate co-investment platform, has announced the successful dual listing of a tokenized real estate investment in Singapore and Australia…
AirAsia X to complete Capital A’s aviation business acquisition by end of this year
Malaysia-based budget airline AirAsia X (AAX) is expected to complete the acquisition of Capital A Berhad’s aviation business for MYR 6.8 billion ($1.49 billion) by the end of…
Vietnam’s VinFast expands to the Middle East
Vietnam-based electric vehicle (EV) manufacturer VinFast Auto has on Wednesday announced that it has expanded to the Middle East market with car dealer Bahwan Automobiles and…
GCash partners PayPal to launch stablecoin in the Philippines
GCash, a finance super app based in the Philippines, has partnered global payment firm PayPal to launch stablecoin in the Philippines. PayPal’s stablecoin PayPal USD (PYUSD) is…
Alibaba Cloud launches Digital Accelerator Program to boost AI adoption and advance Malaysia’s digital transformation
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Thursday announced a series of new initiatives to boost artificial intelligence (AI)…
Indonesia’s J&T Express launches parcel delivery service in Saudi Arabia
J&T Global Express Limited (J&T Express), an Indonesia-based integrated logistics service provider, has announced the official launch of J&T SPEED in Saudi Arabia.
NWay, Animoca Brands, and Mocaverse launch new PvP action game for Moca ID holders
Game development studio nWay, a subsidiary of Animoca Brands, have on Thursday announced the beta launch of Cosmic Bomber, its latest casual multiplayer action game and the newest…
Enterprises accelerate IT advancements to harness generative AI’s power, F5 study finds
Enterprises are accelerate information technology (IT) advancements to harness generative artificial intelligence ( GenAI)’s power, a study said Thursday.
