News
Securities Commission rolls out Malaysia’s first social exchange pilot program
The Securities Commission Malaysia (SC) has on Friday rolled out Malaysia’s first Social Exchange Pilot Program (SEPP25), beginning with five non-governmental organizations (NGOs) showcasing social impact projects.
Singapore’s BitFuFu inks deal to acquire majority stake in bitcoin mining facility in Oklahoma
BitFuFu Inc., a Singapore-based bitcoin mining firm, announced Thursday that it has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) bitcoin mining facility in the State of Oklahoma, United States.
Malaysia’s flexible workspace operator Common Ground expands 100,000 sq ft In 2024
Malaysia’s largest flexible workspace operator Common Ground has expanded their Malaysia portfolio by approximately 100,000 square feet in 2024 via their Enterprise Solutions products and the signing of new locations across Kuala Lumpur.
Thunes partners Hyperwallet to expand payout access for merchants across Asia-Pacific
Singapore-based fintech firm Thunes has welcomed Hyperwallet, a PayPal service for global payouts, as a member of Thunes’ Direct Global Network.
Vietnam-based ABBANK invests in Backbase to launch digital banking platform
Vietnam-based An Binh Commercial Joint Stock Bank (ABBANK) has invested in engagement banking firm Backbase to launch digital banking platform.
Mitsubishi Electric, AWS ink strategic collaboration in digital domain
Mitsubishi Electric Corporation announced on Tuesday that it has signed a memorandum of understanding (MOU) with Amazon Web Services (AWS) to collaborate and innovate within Mitsubishi Electric’s data center and cloud services businesses.
Singapore’s W Capital Markets raises Series B round at post-money valuation of $31M
W Capital Markets, a Singapore-based corporate finance firm, has raised a Series B round at post-money valuation of S$42 million ($31 million).
Temasek-founded GenZero leads in BeZero Carbon’s $32M Series C funding round
Global carbon ratings agency BeZero Carbon has on Thursday announced a $32 million Series C investment round led by Temasek-founded GenZero, a decarbonization-focused global investment firm headquartered in Singapore, to enable carbon markets through ratings.
NexV Manufacturing, Global NEV Technology explore strategic collaborations in assembly and manufacturing of NEVs in Malaysia
Malaysian electric vehicle (EV) firm NexV Manufacturing Sdn. Bhd. (NMSB) and Chinese-held EV firm Global NEV Technology Sdn. Bhd. (GNEV) have inked a Memorandum of Understanding (MoU) to explore strategic collaborations in the assembly and manufacturing of New Energy Vehicles (NEVs) in Malaysia.
Malaysia’s Hong Leong partners China’s WeBank for FinTech and AI banking solutions
Malaysian lender Hong Leong Bank (HLB) has on Friday announced a strategic cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, for FinTech and artificial intelligence (AI).
