TechNode Global Staff

International Blockchain Organization (Malaysia) launched to drive national leadership in Web3, digital economy transformation

The International Blockchain Organization (Malaysia) (IBO Malaysia) was officially launched recently, marking a significant milestone in the nation’s journey toward blockchain innovation, digital inclusion, and Web3 ecosystem development.

VinFast partners LORET to expand European distribution network

Vietnamese electric vehicles maker VinFast has officially announced strategic partnerships with LORET Group, which will be responsible for distribution in the French Overseas Territories market.

Group-IB launches Asia-Pacific’s first Cyber Fusion Center in Singapore

Group-IB, a creator of cybersecurity technologies to investigate, prevent, and fight digital crime, announced Tuesday the launch of its first Cyber Fusion Center in the Asia-Pacific region.

Analyst foresees strong growth ahead for Grab

Maybank Investment Bank has expected a strong third quarter for Southeast Asia's superapp Grab, with more than 20 percent gross merchandise value (GMV) growth and higher margins, potentially prompting upward guidance revisions by management.

Malakoff appoints Solarvest as EPCC contractor for Malaysia’s largest LSS Petra 5+ solar project

Malaysia-based Malakoff Corporation Berhad has appointed Solarvest Holdings Berhad, a clean energy firm, as the engineering, procurement, construction and commissioning (EPCC) contractor for the country’s largest LSS Petra 5+ solar project.

MIDA, Maybank join forces to boost high growth sectors in Malaysia

The Malaysian Investment Development Authority (MIDA), Malaysia's principal investment promotion agency, and Malayan Banking Berhad (Maybank), Malaysia’s largest bank, have formalized a strategic partnership through a Memorandum of Understanding (MOU) to jointly promote Malaysia as a premier global investment destination for high growth sectors.

Mestron, Trinasolar forge strategic partnership to accelerate Malaysia’s energy transition

Mestron Energy Sdn Bhd, the renewable energy arm of Mestron Holdings Berhad, has signed a memorandum of understanding (MoU) with Trina Solar Co., Ltd (Trinasolar), a Chinese smart photovoltaic (PV) and energy storage solutions firm, to jointly advance Malaysia’s renewable energy capacity and accelerate the country’s clean energy transition.

MAS launches BLOOM initiative to enable tokenized, stablecoin settlements

The Monetary Authority of Singapore (MAS) announced Thursday a new initiative – BLOOM (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions.

Alipay+ sees 45 percent year-on-year increase in mobile wallet transactions in Malaysia

Alipay+ said Thursday that Malaysia recorded the highest transaction growth in Southeast Asia with a 45 percent year-on-year increase, reflecting the country's status as the number one destination in the region and top five most popular global destinations for Alipay+ users; and the top growth market amongst Chinese travelers.

Six ASEAN payment networks sign MOU to standardize cross-border payments

Six national payment networks from five ASEAN countries have signed a memorandum of understanding (MoU) to establish a common global standards body for non-card instant retail payments.