News
China’s XTransfer receives license to provide payment services in Singapore
XTransfer, a China-based business to business (B2B) cross-border trade payment platform, was granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS) to offer payment services in the country.
Salesforce: 87 percent of SMBs in Singapore with AI report growth in revenue
87 percent of small and medium-sized businesses (SMBs) in Singapore with artificial intelligence (AI) report growth in revenue, a survey from Salesforce revealed on Thursday.
Analysts see US AI chip export curbs has limited impacts on Malaysia’s tech space
The United States artificial intelligence (AI) chip export curbs has limited impacts on Malaysia’s technology space, Malaysian analysts said Friday.
Largest Philippine fintech company GCash said to pick banks for IPO – report
GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.
Calling APAC Startups: Third edition of PepsiCo’s Greenhouse Accelerator Program opens applications for sustainability innovators
PepsiCo’s Greenhouse Accelerator Program aims to collaborate with startups working to advance breakthrough innovations across the circular economy, climate action and sustainable agriculture.
Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
Sony Honda Mobility partners HERE Technologies for connected EVs and software-defined vehicles
HERE Technologies, the Netherlands-based location data and technology platform, has on Wednesday announced its partnership with a Japanese automotive joint venture firm Sony Honda Mobility (SHM) aimed at reshaping the future of mobility with the SHM electric vehicle (EV) brand, “AFEELA”.
Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024
J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
Woori Venture Partners invests in Singapore wireless charging solutions firm Xnergy
Xnergy Autonomous Power Technologies (Xnergy) announced Wednesday that it has secured a significant investment from Woori Venture Partners, a South Korea-based venture capital fund.
