News

TikTok projects APAC’s creator commercial contribution to reach $1.2T by 2030

TikTok has forecasted that Asia Pacific (APAC)'s creator commercial contribution to reach $1.2 trillion by 2030, up 1.4 times from 2025.

Korea, Indonesia to launch cross border QR payment service in April

South Korea and Indonesia have planned to launch the cross-border QR payment service between the two countries in April.

Carsome, JACCS expand auto financing collaboration into Singapore

Carsome Group Inc, the Southeast Asia’s (SEA) largest integrated car e-commerce platform, announced Thursday the expansion of its auto financing collaboration with JACCS CO., LTD. (JACCS) into Singapore, extending a regional partnership that was first established in Malaysia.

Grab Finance expands credit access across Southeast Asia using FICO platform

Grab Finance, the financial services arm of Singapore-based superapp Grab, is using the industry-leading capabilities of FICO Platform to transform credit access across the Southeast Asian region.

Malaysia’s PayNet appoints Praveen Rajan as Chief Executive Officer

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia's national payments firm, announced Wednesday that Praveen Rajan has assumed the role of Chief Executive Officer (CEO), effective February 1, 2026.

Hesai partners Grab to accelerate lidar deployment across Southeast Asia

Hesai Technology, a China-based lidar solutions firm, announced Wednesday a strategic cooperation with Singapore-based superapp Grab, under which Grab will serve as the exclusive distributor of Hesai's lidar products in Southeast Asia.

Fullerton Fund makes first SEA climate investment in Thailand’s PyroEnergie

Singapore-based Fullerton Fund Management announced Wednesday that the Fullerton Carbon Action Fund has successfully completed an investment in Pyro Energie, Thailand’s recycler of end-of-life tires.

Infor appoints Geoff Thomas to lead Asia Pacific and Japan

Infor, the global Industry Cloud Complete company, announced Wednesday the appointment of Geoff Thomas as Senior Vice President and General Manager for Asia Pacific and Japan (APJ) to strengthen Infor’s commitment to delivering exceptional value and tailored solutions to customers across the region.

Singapore’s payments sector funding reaches $319M in first nine months of 2025

Singapore has continued to lead in the payments sector, with funding for payments reaching over $319 million during the first nine months of 2025 — surpassing the total FinTech funding (of which payments is a subset) for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam combined, a report showed Wednesday.

Tala partners with CIMB in $100M deal for Vietnam launch

Tala, the global financial infrastructure company, announced Wednesday a $100 million partnership deal with Malaysia-based bank CIMB to accelerate its launch in the fast-growing Vietnam market.