TechNode Global Staff

Malaysian government-owned Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) announced Thursday a suite of strategic initiatives valued at MYR 211 million ($49.88 million), reinforcing its commitment to advancing the government’s MADANI economic framework and in alignment with the bank’s mandate under the National Budget 2025.

Malaysia has on Wednesday launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and empower startups across ASEAN.

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Wednesday jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes.

Amazon Web Services (AWS), an Amazon.com company, has on Thursday opened its first 8,000-square-foot AWS Innovation Hub in Asia Pacific (APAC), located at the AWS corporate office in downtown Singapore.

The Securities Commission Malaysia (SC) introduced on Tuesday the Guidelines on Product Governance (PGG), aimed at strengthening investor protection as well as encouraging responsible product development and distribution in the capital market.

First Move, a founder-led venture capital firm based in Malaysia, announced Tuesday its newest fund anchored by Jelawang Capital, the subsidiary under Malaysia’s sovereign wealth fund, Khazanah Nasional.

3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.

Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.

In the context of Vietnam's digital economy making a strong breakthrough, Singapore's digital banking firm Brankas has officially announced a strategic partnership with Gimasys - a Vietnamese provider of digital transformation solutions.

Malaysia's national payments network Payments Network Malaysia Sdn Bhd (PayNet) has teamed up with top Asian payment platforms, Alipay+, and Weixin Pay (WeChat Pay), to drive Chinese and regional tourist spending across Malaysia.