News

The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.

Jirnexu Sdn Bhd, the parent company of RinggitPlus, announced last Friday a strategic transaction to acquire CompareHero, the Malaysian arm of MoneyHero Limited.

Global advanced climate technology company Aether Fuels has announced that it has secured $34 million in Series A financing from a syndicate of global investors. AP Ventures led the round, which also includes Chevron Technology Ventures, CDP Venture Capital and Zeon Ventures.

In response to the cyberattack, Indonesia's state auditor said the president instructed it to examine the country's data centers.

The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a memorandum of understanding agreeing on their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies (EMDEs).

Singapore-based regional insurtech Igloo has shared strategies for insurers to attract Gen Z and boost insurance penetration.

Artificial intelligence (AI) is already being widely adopted in companies' financial reporting processes, with a majority of businesses piloting or using it, and this is set to grow to almost universal levels over the next three years, according to a global research from KPMG.

Kyndryl, the global information technology (IT) infrastructure services provider, has on Thursday announced the establishment of its first Mainframe Modernization Center of Excellence (CoE) in Malaysia working with Amazon Web Services (AWS).

Tencent Cloud, the cloud business arm of global technology company, Tencent, has on Thursday sealed a partnership with Nokia, a global provider of network infrastructure solutions, to support enterprises in Singapore and Asia Pacific as they level up their cloud and network infrastructure for the next phase of digital transformation.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Tuesday the extension of its collaboration with Sarawak Information Systems Sdn. Bhd. (SAINS), an information and communications technology (ICT) systems integrator and solutions provider in Sarawak of Malaysia.