News

Petronas, KOGAS sign MoU to drive global energy innovation and sustainability

Malaysia's state-owned firm Petroliam Nasional Berhad (Petronas) and South Korean public natural gas company Korea Gas Corporation (KOGAS) have strengthened their long-standing partnership with the signing of a memorandum of understanding (MoU) aimed at driving innovation and sustainability within the global energy sector.

Animoca Brands partners Cross the Ages to purchase CTA tokens from open market

Animoca Brands, the Hong Kong-based Web 3 firm, and Cross the Ages (CTA), a Singapore-based blockchain technology firm, announced last Friday a strategic partnership.

Tablevibe partners GCash for food services in the Philippines

In its continued bid to boost digital transformation in the Philippines, mobile payments service firm GCash is partnering with digital ordering platforms for restaurants, starting with Singapore-based restaurants ordering system Tablevibe.

Danantara Indonesia and RDIF to launch $2.3B Indonesia-Russia investment platform

Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) are to launch Russia-Indonesia Investment Platform (RIDNIP) with up to €2 billion ($2.3 billion) of capital to implement investments in Indonesia and Russia and promote the economic cooperation between…

Thailand approves virtual bank licenses for Krung Thai, AIS, SCB X, and KakaoBank Consortiums

Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT), has announced the approval of three applicants to establish virtual banks in Thailand.

Singapore Fintech firm Finmo launches MO AI to streamline global treasury operations

Finmo, a Singapore-based fintech firm, announced Thursday the launch of MO AI, a conversational assistant embedded directly within its intelligent treasury platform.

Malaysia’s TNG Digital launches business account to support micro-SMEs and gig workers

TNG Digital Sdn. Bhd, Malaysia’s largest integrated fintech player, has launched the TNG Digital Business Account.

Indonesia’s Pertamina NRE acquires 20 percent stake in Philippines’ Citicore Renewable Energy

Philippine renewable energy developer Citicore Renewable Energy Corporation (CREC) and Indonesia state-owned Pertamina New and Renewable Energy (Pertamina NRE) have inked a $120 million strategic partnership.

UOB inks agreement with China’s Cross-border Interbank Payment System

UOB and its wholly-owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS).

BDx Data Centers, Indonesia’s PLN ink power agreement to support national digital infrastructure

BDx Indonesia, a subsidiary of BDx Data Centers has signed a power purchase agreement with PT PLN (Persero), Indonesia’s national electric power distributor, supply 30 MVA of electricity.