News
87 percent of Malaysia consumers want a better online experience from banking services providers, a survey shows
Confidence in digital banking is rising in Malaysia but consumers want a better online experience and more personalized offerings, according to the new Asia-Pacific focused Bank of the future survey revealed on Friday from Capco, the global technology and management consultancy.
Al Rajhi Bank Malaysia launches digital bank
Al Rajhi Bank Malaysia (ARBM) has taken a big step forward for financial services in Malaysia with the launch of Rize, a first-of-its-kind digital bank. Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers.
2C2P and Pine Labs to expand BNPL acceptance in Southeast Asia
Singapore-based payments platform 2C2P and merchant commerce omnichannel platform Pine Labs have partnered to expand Buy Now Pay Later (BNPL) across Asia in six key markets, namely Singapore, Malaysia, Hong Kong, Indonesia, the Philippines and Thailand.
Fitch Solutions sees passenger EV sales in Malaysia to expand rapidly in 2023
Fitch Solutions, a Fitch Group unit, said Thursday that it expects passenger electric vehicle (EV) sales in Malaysia to expand rapidly in 2023, albeit from a low base due to the introduction of incentives to boost adoption.The research house forecasts passenger EV sales in Malaysia to increase by 45.6 percent in 2023 to reach an annual sales volume of…
SK D&D seals deal with Glennmont to invest in solar PV projects in South Korea
South Korea-based renewable energy SK D&D has signed shareholders agreement with Glennmont Partners from Nuveen (Glennmont), one of the world’s largest fund managers investing in clean energy based in the United Kingdom, to establish a joint venture company for the co-investment of solar photovoltaics (PV) projects in South Korea.
MetaComp gets nod to provide digital payment token services in Singapore
Singapore-based cryptocurrency exchange MetaComp Pte. Ltd. has been awarded a licence from the Monetary Authority of Singapore (MAS) to provide digital payment token services as a major payment institution in Singapore.
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, a survey shows
Nine in ten companies in ASEAN face challenges in recruiting, nurturing and retaining tech talent, while 91 percent of tech talent are open to leaving their companies, according to the Growth & Scale Talent Playbook launched by Southeast Asian venture capital firm Alpha JWC Ventures with global consultancy firm Kearney and technology recruiting platform…
Hong Kong’s FWD partners Malaysia’s Artem Ventures to launch $10.22M fund
FWD Group Holdings Limited (FWD Group) has on Thursday announced the launch of TIM Ventures, a MYR45 million ($10.22 million) venture capital fund in collaboration with Artem Ventures, a Malaysia-based venture capital firm, to invest in emerging start-ups in the insurtech and Islamic fintech space in Malaysia.
South Korea’s BigBang Angels to establish global venture fund in Singapore with Farquhar Venture Capital
South Korean early-stage accelerator and venture capital (VC) Bigbang Angels (BBA) has on Thursday announced its formation of a global investment fund and deepens its footprint in South East Asia, by cementing its partnership with Singapore homegrown early-stage innovation ecosystem enabler, Farquhar Venture Capital (FVC).
SCB 10X launches Web3 collaboration hub for international community-building in Bangkok
SCB 10X, the venture investment arm of SCBX group, announced Thursday the launch of SCB 10X DISTRICTX, a physical space in the middle of Bangkok central business district (CBD) to build and foster world-class communities in blockchain and Web3.
