News
Alipay launches AI payment processing tool for businesses as agent-based commerce Expands
China’s online and mobile payment platform Alipay has launched a new AI payment processing product aimed at enabling businesses in mainland China, including small firms and one-person companies, to accept payments from autonomous AI agents.
Ant International unveils protocol to support AI-driven mobile payments
Singapore-based Ant International has introduced a new Agentic Mobile Protocol (AMP) to support the growing agentic commerce by enabling secure, AI-driven payment connections across mobile services.
GXS Bank partners Funding Societies to provide financing to SMEs in Singapore
GXS Bank on Monday unveiled its GXS Biz Property-backed Loan, developed in partnership with Funding Societies, offering small and medium-sized enterprises (SMEs) in Singapore access to up to S$2 million ($1.57 million) in financing secured against residential or commercial property.
Cradle Fund launches $2.53M elevate & startup accelerator program to spur early-stage growth
Cradle announced Tuesday the launch of Cradle Elevate, a new MYR10 million ($2.53 million) funding program and the Cradle Startup Accelerator Program 2026.
Singapore’s SUNRATE gets approval for full-scale operations in Malaysia
SUNRATE, the global payment and treasury management platform based in Singapore, announced Tuesday that it has been granted a license by the Malaysian Central Bank, marking a key milestone in the company’s continued expansion.
MDEC to Strengthen AI, 5G push via ecosystem collaboration
Malaysia Digital Economy Corporation (MDEC) said Monday it will continue strengthening its artificial intelligence (AI) and 5G push through ecosystem collaboration and a joint innovation-to-commercialization pipeline built around real-world challenge statements, sandbox environments, cloud resources, access to devices and internet of things (IoT) tools,…
Penang launches ATE Campus as next engine of Malaysia’s industrial transformation
The Penang State Government has on last Friday officially launched the Penang Automation, Test and Equipment (ATE) Campus, a strategic initiative aimed at positioning the ATE sector as the next engine for Malaysia’s industrial transformation.
EVs overtake combustion cars in Singapore first quarter sales
Electric vehicles (EVs) made up 57.6 percent of the 13,322 new cars registered in Singapore in the first quarter of 2026, marking the first time they have outsold both internal combustion engine and hybrid models, the Strait Times reported on Monday.
Vietnam, Singapore firms to develop 2 data centers of $1B in HCMC
The authorities in Vietnam's Ho Chi Minh City granted investment registration certificates to several projects last Saturday, including two data center projects with combined capital of nearly $1 billion, in cooperation with Singapore businesses.
Moody’s upgrades Grab’s CFR to Ba2 with stable outlook
Moody's Ratings has upgraded the corporate family rating (CFR) of Grab Holdings Inc to Ba2 from Ba3 and changed the outlook to stable from positive.
