News
SC names LCWD as first Social Exchange Platform operator in Malaysia
The Securities Commission Malaysia (SC) announced Thursday the appointment of LC Wakaful Digital Sdn Bhd (LCWD) as the first Social Exchange Platform operator in Malaysia.
Tech sector layoffs reach 30,700 just 6 weeks into 2026, on track to surpass 2025’s job cuts – RationalFX
RationalFX data showed Thursday that there have been 30,700 tech layoffs worldwide since the start of the year, on track to surpass 2025’s job cuts of roughly 245,000.
Singapore to set up National AI Council – Budget 2026
Singapore will set up a new National AI Council, chaired by Prime Minister Lawrence Wong, to provide strategic direction and drive Singapore's AI agenda.
Malaysia’s stock exchange and TERAJU collaborate to propel Bumiputra companies towards IPO
Bursa Malaysia Berhad has entered into a memorandum of collaboration (MoC) with Unit Peneraju Agenda Bumiputera (TERAJU) to jointly support and facilitate the participation of Bumiputera companies in the Malaysian capital market through initial public offering (IPO) listings.
Aspire partners with Antler as it targets doubling startup-led growth in 2026
Aspire, the Singapore-based fintech firm, has on Thursday announced a strategic partnership with venture capital firm Antler to strengthen the financial foundations of early stage founders building global-first businesses.
Singapore’s OKX Ventures backs STBL in strategic partnership with Hamilton Lane, Securitize to launch RWA-backed stablecoin on X Layer
OKX Ventures, the investment arm of the Singapore-based OKX exchange, announced Thursday a strategic investment in STBL, a next-generation stable coin and yield infrastructure provider.
Malaysia and India sign agreement to enable cross-border QR payments
Payments Network Malaysia Sdn Bhd (PayNet) and NPCI International Payments Limited (NIPL) have signed an agreement to enable cross-border QR payments between Malaysia and India.
Grab posts first full year net profit with 20 percent revenue growth
Singapore-based super app Grab has posted first full year net profit amid 20 percent revenue growth in 2025.
Singapore’s DayOne establishes regional operations and training base in Johor, expands Kuala Lumpur shared services center
DayOne Data Centers, a Singapore-headquartered hyperscale data center platform, announced Thursday the establishment of a regional operations and training center in Johor, alongside the expansion of its Global Shared Services Center (GSSC) in Kuala Lumpur, reinforcing Malaysia’s role as a core operational hub within DayOne’s Asia-Pacific platform.
Grab to acquire US fintech firm Stash Financial at $425M
Singapore-based super app Grab Holdings Limited announced Thursday that it had signed definitive agreements to acquire 100 percent of the equity interest in Stash Financial, Inc., (Stash), a U.S. digital financial services company, at $425 million.
