Author: TechNode Global Staff

China’s XTransfer receives license to provide payment services in Singapore

XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country.

Salesforce: 87 percent of SMBs in Singapore with AI report growth in revenue

87 percent of small and medium-sized businesses (SMBs) in Singapore with artificial intelligence (AI) report growth in revenue, a survey from Salesforce revealed on Thursday.

Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space

The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.

Indonesia’s Bukalapak ceases physical product sales on marketplace

Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.

Sony Honda Mobility partners HERE Technologies for connected EVs and software-defined vehicles

HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda Mobility (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.

Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024

J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.

Maybank sees robust fintech to drive ASEAN internet sustained growth

Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.

Woori Venture Partners invests in Singapore wireless charging solutions firm Xnergy

Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital fund.

Malaysia announces tax incentives for Johor-Singapore Special Economic Zone

Malaysia has on Wednesday announced tax incentives for Johor-Singapore Special Economic Zone (JS-SEZ) to drive high value investment into Johor.

BMI sees strategic consolidation driving Johor to lead Malaysia’s digital infrastructure Growth

BMI Country Risk and Industry Research said Tuesday that strategic consolidation is driving Johor to lead Malaysia’s digital infrastructure growth.