News

Taiwan-based insurance firm Shin Kong Vietnam and Vietnam-based PVI Insurance have on Tuesday held a formal opening ceremony, marking the beginning of their strategic cooperation and the official launch of a new compulsory third party liability (CTPL) insurance platform.

Malaysia’s ambitions to become Southeast Asia’s leading electric vehicle (EV) hub took a major leap forward with the official launch of MYR 3.2 billion ($750 million) INV New Material Technology Sdn. Bhd.’s cutting-edge lithium-ion battery separator facility.

Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has inked a strategic partnership with Pangkalan Bekalan Kemaman Sdn Bhd (PBKSB), a subsidiary of Eastern Pacific Industrial Corporation Berhad (EPIC), to drive digital transformation through centralized warehousing at the Kemaman supply base.

Singapore has launched the National Semiconductor Translation and Innovation Center for Gallium Nitride (NSTIC [GaN]) to lead the country in next-generation semiconductor innovation.

Malaysian telco Maxis has reaffirmed its commitment to sustainability and a greener future by showcased its progress in emissions reduction, and its initiatives to expand adoption of renewable energy across Malaysia.

Maybank Investment Bank has remained cautious on Malaysia's technology sector amid US tariff uncertainties.

Japan Investment Corporation (JIC) has announced its decision to make an limited partner (LP) investment of JPY3.5 billion ($22.5 million) in Genesia Venture Fund IV Investment Limited Partnership (GV-4), which is managed by Genesia Ventures, Inc. (Genesia).

Malaysia-based fintech firm Soft Space and Japan-based Hokkoku Financial Holdings (Hokkoku FHD) have teamed up to launch the next-generation SoftPOS solution that enables merchants to accept both contactless card payments and, for the first time, regulated stablecoin payments — using only a smartphone or tablet.

The Securities Commission Malaysia (SC) has on Monday published a consultation paper to seek public feedback on proposed enhancements to its regulatory framework for Digital Asset Exchange (DAX).

Malaysian lender Bank Islam Malaysia Berhad has become the first financial institution in Malaysia to implement Mastercard Move, a money transfer solutions that enables seamless digital fund transfers within Malaysia and across borders through direct integration with Mastercard’s global network.