Author: TechNode Global Staff

ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by RHB Investment Bank revealed on Wednesday.

Thailand's KASIKORNBANK (KBank) has teamed up with Singapore's StraitsX and Grab to expand Q Wallet to enable Thailand–Singapore cross-border payments.

Singapore-based technology and renewable energy solutions provider Oiltek International Limited has teamed up with Brunei-based renewable fuel and food security company BioSeaga Group to co-develop a $350 million Sustainable Aviation Fuel (SAF) production facility with a planned capacity of approximately 300 tons per day, to be located in Sabah, Malaysia.

Global bank Standard Chartered has on Monday launched its first Global Fusion Center in Malaysia, reinforcing the country’s status as a strong talent ecosystem and a key strategic technology hub for the group.

Malaysia is assessing nuclear energy as part of its future power mix, with Science, Technology and Innovation Minister Chang Lih Kang saying the government is taking a cautious, evidence-based approach as demand for electricity rises and the country shifts towards lower-carbon sources.

The Strait of Hormuz disruption has prompted Asia-Pacific power systems to prioritize energy security, boosting coal and nuclear generation in the short term while accelerating structural investment in renewables and storage, BMI Country Risk and Industry Research said last Thursday.

GIC, the Singapore-based institutional investor, has become Japanese lifestyle retail company SAZABY LEAGUE, Ltd's minority equity partner.

Danantara Investment Management, SMBC Aviation Capital, and Mandiri Investment Management announced Wednesday the framework agreement for the development of Mandiri Aviation Leasing Fund, Indonesia's first dedicated aviation leasing investment platform. The initial portfolio value of the fund is around $800 million.

Bank Indonesia and the Bank of Korea have officially launched a cross-border QR-based payment system, enabling Indonesian citizens to make transactions in South Korea using QRIS through domestic apps without the need for currency conversion.

Upbit, a digital asset exchange operated by Dunamu Inc., announced Friday that it has signed a memorandum of understanding (MOU) with Indonesia Crypto Exchange (ICEx), a licensed digital asset bourse in Indonesia, to establish a strategic framework for technical and operational collaboration aimed at accelerating the development of Indonesia's regulated…