Author: TechNode Global Staff
Maybank sees limited impact on Grab from Indonesia eight percent commission cap
The proposed cap on ride-hailing commissions in Indonesia is expected to have a limited earnings impact on Grab Holdings, with analysts estimating a manageable hit to adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) even as regulatory uncertainty weighs on sentiment.
ADB, Japan launch joint initiative to strengthen energy security in Asia, Pacific
The Asian Development Bank (ADB) and Japan announced Monday a new joint initiative to support countries and businesses in Asia and the Pacific facing rising energy prices, while accelerating the transition to more resilient and sustainable energy systems.
Malaysia’s DuitNow QR more than doubled in 2025 to three billion transactions
QR payments have emerged as a preferred option among Malaysians, with transaction volumes on the DuitNow QR more than doubling to three billion transactions in 2025, underscoring both the scale and speed of adoption, Bank Negara Malaysia said.
Grab posts $120M profit in Q1, revenue grows 24%
Singapore-based superapp Grab announced Tuesday that its revenue grew 24 percent year-over-year to $955 million in the first quarter, driven by continued growth across its on-demand and financial services segments.
ADB launches $70B push to connect Asia’s power grids, digital networks
The Asian Development Bank (ADB) will back $70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade, and improve broadband access across Asia and the Pacific.
MAS collaborates with banking industry to use AI in fighting against financial crime
The Monetary Authority of Singapore (MAS) has on Monday announced that it is working with partners in the banking industry, the Government Technology Agency of Singapore, and the Singapore Police Force to combat financial crime, using artificial intelligence and machine learning (AI/ML) techniques to enhance scam detection capabilities.
Grab gets first cross-border ride-hail license for upcoming pilot
Grab, the Singapore-based superapp, has on last Friday received the first Cross-Border Ride-Hail Service Operator License (CRSOL) under the enhanced Cross-Border Taxi Scheme, which has been jointly announced by the Ministry of Transport of Singapore and the Ministry of Transport of Malaysia.
Singapore launches public consultation on legislative framework for autonomous vehicles
The Ministry of Transport (MOT) has on Monday commenced public consultation to gather feedback on the proposed legal and regulatory framework for autonomous vehicles (AVs) in Singapore.
Singapore to form Tripartite Jobs Council to address AI’s impact on workers, jobs, businesses
The Ministry of Manpower (MOM), National Trades Union Congress (NTUC), and Singapore National Employers Federation (SNEF) have announced their intent to form a Tripartite Jobs Council (TJC) to support workers and businesses through the artificial intelligence (AI) transition with concrete actions.
Singapore enhances regulatory framework to facilitate dual listings on the exchange
The Monetary Authority of Singapore (MAS) has on Thursday issued its response to the public consultation on proposed amendments to the Securities and Futures Act 2001 (SFA) to facilitate dual listing arrangements on the Singapore Exchange (SGX).
