News

Malaysia and India sign agreement to enable cross-border QR payments

Payments Network Malaysia Sdn Bhd (PayNet) and NPCI International Payments Limited (NIPL) have signed an agreement to enable cross-border QR payments between Malaysia and India.

Grab posts first full year net profit with 20 percent revenue growth

Singapore-based super app Grab has posted first full year net profit amid 20 percent revenue growth in 2025.

Singapore’s DayOne establishes regional operations and training base in Johor, expands Kuala Lumpur shared services center

DayOne Data Centers, a Singapore-headquartered hyperscale data center platform, announced Thursday the establishment of a regional operations and training center in Johor, alongside the expansion of its Global Shared Services Center (GSSC) in Kuala Lumpur, reinforcing Malaysia’s role as a core operational hub within DayOne’s Asia-Pacific platform.

Grab to acquire US fintech firm Stash Financial at $425M

Singapore-based super app Grab Holdings Limited announced Thursday that it had signed definitive agreements to acquire 100 percent of the equity interest in Stash Financial, Inc., (Stash), a U.S. digital financial services company, at $425 million.

Hartamodal makes strategic investment in Malaysia’s AI solutions firm NEUON AI

Hartamodal Sdn Bhd, the Malaysia-based venture capital (VC) arm of boutique asset management firm Tradeview Capital, has announced a strategic investment in NEUON AI Sdn Bhd, a Sarawak-based artificial intelligence (AI) solutions company that has successfully commercialized advanced AI technology across multiple high-impact sectors.

Singapore’s DayOne Data Centers appoints Greg Norman as Board Advisor as it expands global digital infrastructure platform

DayOne Data Centers Limited, a Singapore-headquartered global hyperscale data center platform, announced Tuesday the appointment of Greg Norman as a Board Advisor, supporting the firm’s long-term strategy for global expansion and sustainable growth across Asia-Pacific and Europe.

Malaysia’s central bank onboards three initiatives on Ringgit stablecoins and tokenized deposits

Malaysian central bank announced Wednesday that the Digital Asset Innovation Hub (DAIH) has onboarded three initiatives to test real-world applications involving ringgit stable coins and tokenized deposits in 2026.

TikTok’s Southeast Asia doubles GMV year-on-year to $45.6B in 2025

TikTok's Southeast Asia doubled gross merchandise value (GMV) year-on-year to $45.6 billion in 2025, driven by strong momentum in Malaysia, Indonesia and Thailand, which recorded the fastest growth rates among all markets.

Singapore’s Oneteam secures financing from GB Helios, completes second acquisition

Oneteam, a Singapore-headquartered small and medium-sized enterprise (SME) acquisition platform focused on succession solutions, announced Wednesday it has secured a dedicated merger and acquisition (M&A) financing facility from Polaris, the alternative financing arm of GB Helios, which formed part of the financing for its second acquisition completed…

VinFast partners Exposure SARL to promote green transportation in the Democratic Republic of Congo

Vietnam-based electric vehicles (EVs) maker VinFast and Congo-based green transportation firm Exposure SARL have announced the signing of a memorandum of understanding regarding the potential supply of electric vehicles for green taxi services in Kinshasa, Democratic Republic of the Congo.