TNGlobal Staff

World Bank launches initiative to help local financial institutions expand digital payments in emerging markets

The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions in emerging markets expand access to digital payments for consumers and small businesses.

MAS says AI set to transform Singapore financial system

Artificial intelligence (AI) is set to become a foundational capability for financial institutions as technology advances rapidly, but stronger governance and cybersecurity measures will be needed to ensure its safe and sustainable adoption, Monetary Authority of Singapore (MAS) managing director Chia Der Jiun said.

More than a third of respondents say DEFA is highly important to their business – EU-ASEAN business council

More than a third of respondents (38 percent) say the ASEAN Digital Economy Framework Agreement (DEFA) is highly important to their business, while 50 percent rated it as moderately important, a survey conducted by the EU-ASEAN business council showed on Tuesday.

George Kent, Extreme vision team up to distribute agentic AI soultions in Malaysia, ASEAN

George Kent (Malaysia) Berhad has announced its partnership with Shandong Extreme Vision Technology Co., Ltd. (Extreme Vision), an artificial intelligence (AI) technology company listed on the Hong Kong Stock Exchange, to distribute agentic AI solutions in Malaysia, ASEAN.

Grab partners GXS Bank to offer EV solution suite to accelerate fleet electrification

Grab and GXS Bank have on Wednesday jointly announced new solutions designed to address operational and financial barriers to EV adoption for Grab’s driver-partners.

Nearly half of reported scam incidents go unresolved across Southeast Asia, undermining digital trust, new GSMA Findings reveal

Nearly half of reported scam incidents go unresolved across Southeast Asia, undermining digital trust, new GSMA Findings reveal on Wednesday.

Singapore data center annual investment to reach $19.2 billion in 2050 – PwC

PwC has forecasted annual data center investment in Singapore to reach $19.2 billion in 2050, in real 2025 prices, up from approximately $7 billion in 2026.

Philippine EV adoption to accelerate despite charging infrastructure constraints – BMI

BMI Country Risk and Industry Research has forecasted electric vehicle (EV) sales in the Philippines to increase by 11.2 percent year-on-year in 2026, from 29,479 units to 32,776 units.

Analysts maintain overweight stance on the Malaysian technology sector

Analysts have maintained its overweight stance on the Malaysian technology sector, underpinned by the broadening semiconductor upcycle and sustained earnings momentum.

Grab outlook resilient despite rising Foodpanda competition – Maybank

Grab Holdings’ outlook remains broadly constructive despite increasing competitive risks in Southeast Asia’s food-delivery market, with strong growth in its mobility business and continued improvement in deliveries margins providing support to the group’s earnings, according to Maybank Investment Bank said on Monday.