News

MDEC CEO to step down after 2 years

Anuar Fariz Fadzil, CEO of Malaysia's state agency Malaysia Digital Economy Corporation (MDEC), will step down when his two-year contract ends on October 2, after a tenure of drawing MYR180 billion ($44 billion) in digital investment.

Green GSM electric taxis assembled in Northern Mindanao

Green GSM launches electric taxis in Northern Mindanao

Green GSM has launched an all-electric taxi service across Cagayan de Oro and nearby Northern Mindanao areas, including airport transfers.

Gkash becomes direct PayNet participant for DuitNow QR, MyDebit and FPX

Gkash has become a direct PayNet participant across DuitNow QR, MyDebit and FPX, giving the Malaysian payment provider a more direct connection to national payment rails.

Kinwong raises HK$5.1B in Hong Kong listing

Shenzhen-listed printed circuit board maker Kinwong raised about HK$5.1 billion in a Hong Kong offering and ended its first trading day above the issue price.

Samsung affiliates commit $1B to Helix AI infrastructure

Six Samsung affiliates will invest a combined $1 billion in KKR-backed Helix Digital Infrastructure, with Samsung Electronics contributing $500 million.

Advanced packaging is Malaysia’s next test in AI semiconductor value chain – AMRO

Malaysia’s growing role in advanced semiconductor packaging could help the country capture more value from the artificial intelligence (AI) boom, but the next challenge will be ensuring that foreign investment translates into higher domestic productivity, technology ownership and skilled employment, the ASEAN+3 Macroeconomic Research Office (AMRO) said on…

VPBank, JBIC sign $27M green loan for southern Vietnam power transmission line

Vietnam's private bank VPBank has signed a $27 million loan with Japanese banks to help build a high-voltage power-transmission line in southern Vietnam, part of efforts to move more renewable electricity onto the national grid.

Sumsub launches APAC Agentic AI Council on governance and agent identity

Sumsub has launched an APAC Agentic AI Council focused on agent identity, delegated authority, interoperability, accountability and practical governance frameworks.

Nemetschek expands Southeast Asia partnerships across Philippines and Vietnam

Nemetschek is expanding its Southeast Asia push through 10 partnerships and engagements across the Philippines and Vietnam, including industry projects and education initiatives.

Swift tests pay-by-alias cross-border payments with global banks

Swift and banks including DBS, Commonwealth Bank of Australia and IDFC FIRST Bank are exploring cross-border payments using mobile or email aliases.