Huawei secures $84.66M financing from AmBank to boost 5G network in Malaysia

Huawei Technologies (Malaysia) Sdn Bhd has secured MYR 350 million ($84.66 million) supply chain financing facilities from AmBank Group to boost 5G network in Malaysia.

Thunes Asia receives IPA to expand scope of MPI license from MAS

Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the…

V-Green partners with Telkom Property to accelerate green infrastructure development in Indonesia

V-Green, a Vietnam-based electric vehicle charging infrastructure developer, has signed a memorandum of understanding with Telkom Property, a subsidiary of the multinational…

Temasek backs Black Forest Labs’ $300M Series B funding

Black Forest Labs, the category-defining visual intelligence company behind FLUX, announced Monday a $300 million Series B led by AMP and Salesforce Ventures, at a post-money…

FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem

Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the…

OpenSys launches Malaysia’s first palm-based payment innovation

OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for…

Animoca Brands partners with Rayls to advance access to tokenized real-world assets

Hong Kong-based Web3 firm Animoca Brands announced Monday that it has entered into a memorandum of understanding (MOU) with Rayls, a blockchain ecosystem to bridge traditional…

Solarvest secures $34.45M EPCC contract for 29.99MW large scale solar project in Kedah

M K Land Holdings Berhad, through its subsidiary Citra Energies Sdn. Bhd., a consortium between Solar Citra Sdn. Bhd. and TotalEnergies Renewables SAS, has announced the award of…

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Ripple expands scope of payment activities in Singapore for its MPI license

Ripple, a global financial technology company providing crypto solutions for businesses, announced Monday that the Monetary Authority of Singapore (MAS) has approved an expanded…

StarHub partners NeutraDC to strengthen regional Quantum-Safe connectivity

StarHub, a Singapore-based digital service firm, and NeutraDC, the data center arm of Telkom Indonesia, have teamed up to strengthen regional Quantum-Safe connectivity.

Perodua launches Malaysia’s first homegrown BEV

Malaysia-based Perodua has on Monday launched its first battery electric vehicle (EV) named QV-E as part of the national car company’s agenda to develop a sustainable EV…

Singapore’s Agnes AI partners Agora to launch real-time AI workspace

Agnes AI, a Singapore-based artificial intelligence (AI)-native work platform, has partnered with Agora, Inc., a global real-time engagement technologies firm, to power a new AI…

AirAsia MOVE’s revenue eases to $27.13M in third quarter on softer flight volumes

Malaysia-based online travel agent AirAsia MOVE saw its revenue eased to MYR 112 million ($27.13 million) from MYR 129 million ($31.24 million) a year ago on softer flight volumes…

Philippines’ tokenized-asset market could reach $60B by 2030 – PDAX

The Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital have on last Thursday launched Project Bayani: The Philippines’ Asset Tokenization Opportunity, a…

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