News
Ant International joins Swift’s network interoperability reference implementation program to explore innovations in cross-border treasury management solutions
The program is a pre-pilot designed to improve payment transparency in cross-border payments, by exploring the business scenarios on cross-border end-to-end transactions tracking through banks, PSPs and tracking on e-wallet use cases.
MAS and ABS launch electronic deferred payment solutions in mid-2025
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have on Thursday announced that two new payments solutions will be launched in mid-2025 to support the transition to e-payments for both corporate and retail cheque users.
Singapore’s Temasek establishes $7.5B wholly-owned private credit platform
Singapore's state investor Temasek has on Friday announced the formation of a wholly-owned private credit platform with initial funding of about S$10 billion ($7.47 billion).
ADB approves $14.8M grant to accelerate climate action
The Asian Development Bank (ADB) has approved a technical assistance (TA) grant of $14.8 million to accelerate climate action, foster innovation, and strengthen private sector development across its regional operations.
Singapore’s HB Global partners HIS to develop AI-powered agriculture and plantation initiatives
Singapore-based frozen food manufacturer HB Global Limited has partnered Malaysian property firm HIS Holdings Sdn. Bhd. to develop artificial intelligence (AI) technology agriculture and plantation initiatives in Pahang of Malaysia.
Malaysia’s Bintang Capital Partners invests in yoga and pilates firm The Flow Studio
Malaysia-based impact investment firm Bintang Capital Partners Berhad (Bintang) has announced its investment through BCP Asia Fund I L.P. in Project Studio Sdn Bhd (The Flow), a Malaysia-based pilates and yoga firm.
Japan’s NTT DATA acquires land for new data center in Malaysia
NTT Data, a Japan-based global technology services firm, is acquiring land for new data center in Malaysia.
Tech Data : AI and cybersecurity emerge as key business movers in technology channel
Artificial intelligence (AI) and cybersecurity have emerged as key business movers in the technology channel, Tech Data said Tuesday.
Global Insurtech firm discovermarket expands into Latin America, launching in Brazil
With this expansion, discovermarket aims to transform the future of embedded insurance in the region by bringing innovative insurance solutions, technology, and expertise to Latin America’s rapidly evolving Insurtech landscape.
Australia and Singapore collaborate to support sustainable infrastructure and decarbonization in Southeast Asia
The Australian government has approved a $50 million investment into the Green Investments partnership (GIP) under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative.
