News

LC Wakaful Digital launches Malaysia’s first registered social exchange platform

LC Wakaful Digital Sdn Bhd (LCWD), a wholly owned subsidiary of Gobarakah Tech Sdn Bhd, announced Thursday the official launch of Impakrintas, Malaysia’s first Social Exchange platform, following the Securities Commission Malaysia’s (SC) announcement on LCWD’s appointment as the inaugural Social Exchange Platform operator on February 12.

Philippines-owned fintech firm BCRemit expands global footprint to 23 countries

Building on its success in the retail remittance sector, BCRemit, a Filipino-led global digital remittance company, has expanded its services to 23 countries and announced plans to scale its operations to provide tailored cross-border payment solutions beyond the overseas Filipino workers (OFWs).

Sea and Google deepen partnership to deliver AI-powered innovations for consumers globally

Sea Limited, a Singapore-based technology company founded in Singapore, announced Thursday an expanded strategic partnership with Google to advance the development of artificial intelligence (AI)-powered innovations that can serve users across Sea’s core business lines of digital entertainment, e-commerce, and digital financial services.

Animoca Brands secures VASP license from Dubai’s VARA

Animoca Brands, a global digital assets firm, announced Monday it has received a virtual asset service provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA).

SoftBank and AMD to jointly validate utilization of AMD Instinct GPU for next generation AI infrastructure

Japan-based SoftBank Corp., together with the United States-based technology firm Advanced Micro Devices, Inc. (AMD), commenced the joint validation of utilizing AMD Instinct graphics processing units (GPUs) in advancing next generation AI infrastructure computing resources.

Tower Capital Asia announces majority investment in Singapore’s digital security solutions provider V-Key

Tower Capital Asia (TCA) announced last Thursday a strategic majority investment in V-Key, a Singapore-based focused provider of digital identity and mobile application protection and security (MAPS) solutions.

SBI to acquire Singapore digital asset platform Coinhako

SBI Holdings, Inc. announced last Friday that the firm intends to acquire a majority stake in the Singapore digital asset platform Coinhako Group.

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.