News
Malaysian Central Bank, PayNet and financial institutions launch National Fraud Portal to curb financial scams
Bank Negara Malaysia (BNM), Payments Network Malaysia Sdn. Bhd. (PayNet), and financial institutions have on Tuesday launched the National Fraud Portal (NFP) as an integrated platform to strengthen the operational capabilities of the National Scam Response Center (NSRC).
Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation
SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.
Malaysia’s Uzma inks 3 MOUs on battery storage solutions and energy efficiency solutions
Uzma Environergy Sdn Bhd, a wholly owned subsidiary of Malaysia-listed Uzma Berhad, has entered into three memorandum of understanding (MOU)s on battery storage solutions and energy efficiency solutions.
Petronas, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), Abu Dhabi national oil firm ADNOC and United Kingdom-based storage solutions provider Storegga have inked deal to collaborate on offshore carbon capture and storage in Malaysia.
MARC, SME Bank team up to support entrepreneurs and SMEs in Malaysia
Malaysian Rating Corporation Berhad (MARC) has formed a strategic collaboration with Centre for Entrepreneur Development and Research (CEDAR), a wholly-owned subsidiary of SME Bank Malaysia Berhad, to support entrepreneurs and SMEs in Malaysia.
Singapore’s DiMuto secures $5.9M in Series A funding for global expansion
DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.
Securities Commission Malaysia’s revised guidelines on technology risk management takes effect on Monday
The Securities Commission Malaysia’s (SC) revised guidelines on Technology Risk Management have come into effect on Monday (August 19, 2024). The guidelines supersede the guidelines on Management of Cyber Risk (GMCR).
J&T Express achieves positive net profit in first half
J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.
Securities Commission Malaysia launches new matching initiative to drive sustainable growth in agri-business
The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract necessary funding.
Igloo partners TrueMoney to provide critical health insurance products to Thai users
Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.
