News

SC and Bursa Malaysia propose Leap Market enhancements

The Securities Commission Malaysia (SC) and Bursa Malaysia Securities Berhad (Bursa Malaysia) have on Monday proposed enhancements to Bursa Malaysia’s LEAP Market, the main platform for early-stage and emerging companies.

Singapore’s Doozy Robotics raises seed funding for global AI expansion

Doozy Robotics, the Singapore-based physical artificial intelligence (AI) humanoid company building autonomous industrial workforces, announced Thursday a coordinated global expansion across the United States, GCC, and Asia, marking its next phase of growth ahead of a planned Series A.

Amazon plans over $33B AI, cloud infrastructure investments in Southeast Asia by 2039

Global technology firm Amazon said Thursday that its investments into cloud and artificial intelligence (AI) infrastructure across Indonesia, Malaysia, Singapore, and Thailand are expected to reach over $33 billion by 2039.

PH’s BNPL firm Billease joins LenderLink’s Credit Intelligence Network

Billease, the Philippines' Buy Now Pay Later platform, has joined LenderLink’s Credit Intelligence Network, expanding real-time access to borrower data across the Philippines’ lending ecosystem.

Malaysia issues statutory demand to TikTok over failure to moderate offensive content targeting Royal Institution

The Malaysian Communications and Multimedia Commission (MCMC) has on Thursday issued a Statutory Demand to TikTok following the platform’s failure to take sufficient and timely action in moderating offensive and defamatory content directed, as well as fake accounts against the Malaysian Royal Institution.

Grab to consolidate Indonesian digital Lender Superbank as Singtel transfers stake

Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.

Vietnam subsidiary becomes biggest cash earner for Samsung in Q1/2026 with $709M profit

Samsung Electronics Vietnam Thai Nguyen Co., Ltd. (SEVT), a Vietnam-based subsidiary of South Korean chaebol Samsung, posted a net profit of KRW106.6 trillion ($709 million) in the first quarter of 2026, up 176 percent year-on-year.

SC issues revised guidelines on Recognized Markets for Digital Asset Exchange

The Securities Commission Malaysia (SC) said Wednesday it has enhanced the Guidelines on Recognized Markets, marking a significant step in the evolution of the regulatory framework for Digital Asset Exchange (DAX).

MAS revokes major payment institution license of Bsquared Technology

The Monetary Authority of Singapore (MAS) said Wednesday it has revoked the Major Payment Institution License of crypto liquidity provider Bsquared Technology Pte Ltd (BSQ) with effect from May 14 2026.

Singapore unveils new AI partnerships at ATxSummit 2026

Singapore announced a series of new artificial intelligence initiatives and global partnerships at ATxSummit 2026, signaling a shift toward large-scale deployment of AI systems across public services, enterprise, manufacturing, and robotics.