TechNode Global Staff

Sarawak Digital Economy Corporation, Kintone team up to boost digital adoption among Malaysia’s SMEs

Sarawak Digital Economy Corporation (SDEC) and Kintone Southeast Asia Sdn Bhd (Kintone) have teamed up to boost digital adoption among Malaysia’s small and medium-sized enterprises (SMEs).

Australian Development Investments announces strategic partnership with AC Ventures through KINETIK initiative

Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a strategic partnership with Indonesian venture capital firm AC Ventures under the KINETIK initiative.

MDEC aims to push for 25.5 percent digital economy contribution to Malaysia’s GDP by end-2025

The Malaysia Digital Economy Corporation (MDEC) said Monday it is dedicated and committed to support Malaysia in achieving or surpassing the 25.5 percent digital economy contribution to gross domestic product (GDP) by year-end through initiatives that catalyze digital transformation, talent development and technology adoption across businesses.

PATRIZIA-Mitsui JV invests $250M to Philippine parking startup Parkwise

PATRIZIA, together with Mitsui via their joint venture fund management company, on behalf of the APAC Sustainable Infrastructure Fund (A-SIF), are supporting sustainable growth in the Philippines with their investment of up to $250 million into parking startup Parkwise Inc.

Standard Chartered, Animoca Brands and HKT team up to issue HKD-backed stablecoin

Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have entered into agreements to establish a joint venture (JV) with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue a Hong Kong dollar-backed stable coin.

EBANX secures in-principle approval for MPI license from MAS for global payment

EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

SC introduces regulatory sandbox to facilitate innovation

The Securities Commission Malaysia (SC) has on Monday released its Regulatory Sandbox Guidelines, detailing the eligibility criteria and requirements for participation.

Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines

Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local currencies.

EconWorks : Grab’s on-demand services in Malaysia adds almost $2.23B to local economy

Singapore-based superapp Grab’s on-demand services, including ride-hailing and delivery, facilitated a substantial economic contribution of MYR 9.9 billion ($2.23 billion) to the Malaysian economy in 2023, approximately 0.5 percent of the country’s gross domestic product (GDP), EconWorks revealed Monday.

Animoca Brands Japan partners with XANA to support global Web3 expansion of game

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced it has entered into a partnership with XANA LLC, the company behind the Web3 metaverse XANA.