News
Fintech giant Stripe to power global internet commerce growth from Asia with stablecoins & AI
“Asia is showing extraordinary resilience and focusing on international growth,” said Sarita Singh, regional head and managing director for Southeast Asia, India, and Greater China at Stripe.
iFAST Pay Malaysia expands into regulated payment services
IFAST Corporation Ltd. announced last Friday that its Malaysia-incorporated subsidiary, iFAST Pay Malaysia Sdn Bhd, has received approval-in-principle from Bank Negara Malaysia to operate as an Electronic Money (E-Money) Issuer and to hold a Money Services Business (MSB) Class A license.
75 percent of APAC CFOs believe AI Agents will drive revenue, transform existing organizational structures: Salesforce research
Chief Financial Officers (CFOs) in Asia Pacific (APAC) have fundamentally shifted their approach to Artificial Intelligence (AI), according to new research from Salesforce, moving from cautious spenders to strategic investors who are betting on AI not just for cost-cutting, but as a crucial engine for long-term revenue growth.
Japan’s SoftBank to invest $2B in global technology firm Intel
Japanese multinational investment firm SoftBank Group Corp. and global technology firm Intel Corporation announced Tuesday their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock.
Singapore’s Alchemy Pay integrates Sumsub’s Travel Rule solution to strengthen global compliance, security standards
Alchemy Pay, the Singapore-based fiat-crypto payment firm, announced Tuesday its collaboration with Sumsub, a global firm in verification, to integrate its Travel Rule solution across Alchemy Pay’s entire product suite.
Waterhub raises seed funding to expand sustainable drinking water access across Indonesia
Waterhub, an Indonesian startup providing clean, affordable drinking water through filtration systems, has secured an undisclosed amount in funding to scale its operations across Indonesia.
Proton’s EV plant nears completion, set for September production
Malaysia's automaker Proton said Monday that its electric vehicle (EV) production plant is nearing its completion, with the full-scale production process slated to begin in September.
Gentari breaks ground on Maryvale solar and energy storage project
Malaysia's clean energy solutions provider Gentari has on last Wednesday marked the groundbreaking of the Maryvale solar and energy storage project, a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW).
Singapore’s SUNRATE secures payment business license in China
SUNRATE, the Singapore-based payment and treasury management platform, announced last Friday that it has secured a payment business license in China following its successful acquisition of a 100 percent stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group.
Bolt launches business ride-hailing solution in Malaysia
Estonian multinational mobility company Bolt has officially launched Bolt Business in Malaysia, offering a smarter, more efficient way for companies of all sizes to manage employee travel.
