News

Southeast Asia’s e-commerce market to reach $289.8B by 2029 – study

The Southeast Asian ecommerce market is on a strong upward trajectory, with potential to reach $289.8 billion by 2029, from $156.3 billion in 2024, a study conducted by payments platform 2C2P by Antom found Wednesday.

Maybank: Sea Q1 underscores durable growth momentum

Maybank Investment Bank sees Sea's first quarter results reinforce its ability to sustain high growth while deepening structural advantages in e-commerce, logistics and digital finance.

Vietnam can launch digital asset exchange in Q3 this year, says Deputy Minister

Vietnam’s digital asset exchange could begin official operations as early as the third quarter of 2026 under a pilot framework approved by the government, Deputy Minister of Finance Nguyen Duc Chi said.

Ant Digital Technologies & RYT Bank win Best AI-Powered Customer Experience Award in Malaysia

The award recognises the joint achievement of both organisations in deploying enterprise-grade AI technology to deliver personalised, scalable financial services and bring best-in-class customer experiences in Malaysia, according to a statement.

APAC Banks lead global push into digital assets, but operational challenges remain

Financial institutions across Asia-Pacific are moving aggressively to build digital asset infrastructure, with custody and tokenized securities emerging as key priorities, according to 2026 survey report “The Financial Grid” conducted by digital asset infrastructure company Fireblocks.

Banks prepare for AI-human workforce as adoption accelerates: nCino survey

Most bankers expect artificial intelligence (AI) agents to become part of the workforce within the next five years, according to the “AI in Banking Benchmark” report released by NASDAQ-listed nCino, a platform for agentic AI banking.

AWARP secures investment Animoca Brands for ASEAN financial infrastructure expansion

AWARP, a financial infrastructure project focused on emerging markets, has secured a strategic investment from Animoca Brands to support the development of real-world asset (RWA) tokenization and cross-border payment networks.

VNU advances $70M national semiconductor lab as Intel transfers chip equipment

Vietnam National University Hanoi (VNU Hanoi) is speeding up the construction of a national semiconductor laboratory worth $70 million, as Intel and Intel Products Vietnam (IPV) have transferred chip assembly and testing equipment to the university and Saigon Hi-Tech Park.

TotalEnergies reaches financial close, starts construction of 30 MWac solar project in Malaysia

TotalEnergies, together with MK Land Holdings Berhad, a diversified group in Malaysia, has announced the financial close for its 30 MWac (approx. 50 MWp) solar power plant located in Kulim, Kedah.

Sea revenue, profit rise as Shopee delivers record quarter

Singapore technology giant Sea has achieved higher revenue and profit in the first quarter ended March 31, 2026, as its e-commerce arm Shopee delivered another record quarter.