News

Malaysia plans to set up second 5G network from next year — report

Malaysia plans to introduce a second 5G network from next year, Reuters reported on Monday, quoting four sources.

Funding Societies partners CGC to launch SME Portfolio Guarantee to improve Malaysian SMEs digital financing access

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital finance platform in Malaysia and Southeast Asia, and Credit Guarantee Corporation Malaysia Berhad (CGC) have signed an SME Portfolio Guarantee (SME PG) agreement with the mutual objective of propelling the growth of Malaysian SMEs by providing easier access to financing.

GSM officially launches Vietnam’s first pure electric taxi firm

Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has officially began operating the first pure electric taxi service in Vietnam - Green SM Taxi.

NusaTrip acquires Vietnam’s VLeisure, marks its first acquisition outside of Indonesia

NusaTrip, a Jakarta-based online travel agency (OTA) and the travel vertical of Society Pass Inc (SoPa), has on Thursday announced the acquisition of VLeisure, a Vietnam-based online business to business (B2B) hotel platform.

Touch ‘n Go eWallet establishes one-stop insurance hub GOprotect

Touch ‘n Go Group, via TNG Digital Sdn Bhd (TNG Digital), owner and operator of Touch ‘n Go eWallet, has now established GOprotect, a platform where its users can purchase various types of insurance offerings conveniently through the eWallet app.

Malaysia’s VCI Global up 6.25 percent on first trading day

VCI Global Limited, a Malaysia-based multi-disciplinary consulting group, has announced that its ordinary shares have commenced trading on the Nasdaq capital market on Thursday under the ticker symbol "VCIG".

Singapore’s Thunes secures new license in France; launches global payout solutions across EU

Thunes, a global cross-border payments company based in Singapore, has been granted a new payments institution license by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) in France.

NODWIN Gaming’s Singapore subsidiary acquires 51 percent stake in live media company Branded

The Singapore subsidiary of NODWIN Gaming — the esports and gaming arm of Nazara Technologies Limited — has acquired a 51 percent stake in the Singapore-based full-service live media company, Branded.

Hong Kong’s Hashkey expands digital asset services with OTC upgrade and HashKey Wealth launch

HashKey Group, a digital asset financial services provider based in Hong Kong, has on Friday announced the upgrade of its Over-the-Counter (OTC) trading business, as well as the launch of a new wealth management business line, HashKey Wealth.

Analyst sees Malaysia emerging as data center in Asia

Analyst said Thursday it sees Malaysia as an emerging data center hub in Asia, with supportive pro-business policies to attract and retain data center investors.