News

Malaysia’s Boost Bank launches SME financing solutions

Boost Bank, Malaysia-based homegrown digital bank, announced on Thursday the upcoming launch of its SME Financing services in early October.

Malaysia & Cambodia launch cross-border QR payments connectivity

Under this linkage, consumers and merchants in both countries will be able to make and receive instant cross-border QR payments.

Fintech firms Lightnet & WeLab partner to build Thailand’s virtual bank

Lighthub Asset, a Thai fintech company, and WeLab, a pan-Asian fintech platform, announced on Thursday that they have submitted an application for a Virtual Banking licence with the Bank of Thailand.

NextBold Capital eyes $100M fund to back SMEs in Vietnam, Cambodia, and Laos

NextBold Capital, a Vietnam-based private equity firm, is eyeing $100 million fund to back small and medium-sized enterprises (SMEs) in Vietnam, Cambodia, and Laos.

GoTo partners Alibaba to grow digital economy in Indonesia

PT GoTo Gojek Tokopedia Tbk (GoTo), an Indonesia-based digital ecosystem, and Alibaba, a China-based global e-commerce and technology company, have announced a strategic partnership that will support and help grow the digital economy in Indonesia.

Proton : 87% of local suppliers express intention to collaborate with China suppliers in EV components

Survey shows 87 percent of Proton Holdings Bhd's suppliers intend to collaborate with China suppliers in electric vehicle (EV) component, the Malaysian national automaker said Wednesday.

IFC and the Carbon Trust join forces to cut emissions in emerging markets

In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank Group, and the Carbon Trust have agreed on a plan to work together to promote decarbonization strategies for companies in emerging markets and accelerate investments in green…

Singapore’s dtcpay & Visa announce partnership to advance the future of digital payments

The dtcpay and Visa partnership seeks to bridge the gap between traditional payments and digital currencies, enabling merchants to accept payments from this growing segment of UHNW customers, the company said.

Malaysia’s MYEG partners freight forwarders to promote ZTrade adoption for cross-border trades

Both MYEG and FMFF agreed to work together on several initiatives related to the positioning of ZTrade as the NSW for domestic trade as well as cross-border trade to and from Malaysia.

YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report

With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking control of Indonesia's biggest e-commerce platform Tokopedia.