News

Thunes powers WeChat Pay Hong Kong’s expansion in cross-border money transfers

Thunes, a Singapore-based fintech firm, has announced an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.

Teleport and Etihad Cargo deepen partnership, expands SEA network with Phnom Penh freighter deployment

Teleport, a Malaysia-based integrated logistics firm, has signed a partnership with Etihad Cargo, the cargo and logistics arm of Etihad Airways, to expand its Southeast Asia network with the launch of a new freighter deployment from Techno International Airport (KTI) in Phnom Penh, Cambodia.

More than half of Singapore consumers report feeling less tolerant when interacting with AI – Twilio

Despite the city-state’s status as a “Smart Nation", more than half of Singapore consumers (54 percent) report feeling less tolerant when interacting with artificial intelligence (AI) – the highest in Asia Pacific Japan (APJ) and well above the 42 percent regional average, a study showed Tuesday.

Vietnam’s FPT deepens partnerships with Taiwan’s financial institutions to advance digital transformation

Vietnam's information technology (IT) corporation FPT has announced new collaborations with OBank and E.SUN Commercial Bank (E.SUN), two of Taiwan’s prominent financial institutions, to enhance digital banking experiences and modernize core systems.

Maybank raises Grab’s FY25 estimated EBITDA, but trims its forward margins

Factoring in the firm third quarter results and with momentum likely to sustain in a seasonally strong fourth quarter, Maybank Investment Bank has raised FY25 Grab's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast by 3 percent.

Singapore’s AI video startup Video Rebirth raises $50M funding

Video Rebirth, a Singapore-headquartered artificial intelligence (AI) video startup, announced Wednesday the completion of a $50 million funding round.

GFTN and Ripple partner to launch global digital assets literacy program for policymakers

The Singapore-based Global Finance & Technology Network (GFTN) and US payment firm Ripple announced Friday a strategic partnership to launch a global capacity-building program designed to strengthen policymakers’ and regulators’ understanding of digital assets.

Catcha Digital acquires TechNave for $1.47M to strengthen position in consumer tech digital media

Catcha Digital Berhad announced Thursday that it is acquiring TechNave, a Malaysia-based online media company focusing on consumer technology, services and devices, for MYR 6.13 million ($1.47 million).

Genesys launches cloud core region in Singapore

Genesys, a global artificial intelligence (AI) cloud firm, has announced the launch of a new full-service Genesys Cloud core region in Singapore.

SEDANIA disburses $480M to fuel gig economy in Malaysia

SEDANIA As Salam Capital (SASC), a subsidiary of SEDANIA Innovator Berhad, is disbursing MYR 2 billion ringgit ($480 million) to fuel gig economy in Malaysia.