News

Malaysia’s Hong Leong Bank adds Alipay+ to payments ecosystem

Malaysia's lender Hong Leong Bank (HLB) is expanding its cross-border payment ecosystem by integrating Alipay+ through Payments Network Malaysia (PayNet), establishing an extensive overseas QR payment networks directly within the HLB Connect App.

Singapore’s HugoHub makes first live bank deployment in Pakistan

HugoHub, a Singapore-based financial infrastructure platform, has secured its first live deployment with a regulated bank, as Pakistan’s digital retail bank HugoBank opened its first pilot customer account on the platform on Sept 25, 2026.

China-Laos digital payment link offers new model for cross-border transactions: AMRO

The launch of a cross-border digital payment link between China and Laos marks an important step in regional financial integration, demonstrating how central bank digital currencies (CBDCs) can connect with conventional payment networks while preserving local-currency settlement, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Monday. 

Google to invest $160M in shared water infrastructure in Negeri Sembilan for data center

Google has committed $160 million to new shared water infrastructure in Negeri Sembilan, Malaysia, in order to support local needs and its planned data center there.

Singapore manufacturers remain optimistic amid sustained strength in global AI-related demand – EDB

While geopolitical developments continue to cloud the global economic outlook, business sentiments in the manufacturing sector remain optimistic, amid sustained strength in global artificial intelligence (AI)-related demand, Singapore Economic Development Board (EDB) said on Monday.

AI marketing platform Profound establishes Singapore as Asia Pacific headquarters

Profound, the artificial intelligence (AI) marketing platform, announced Monday the establishment of Singapore as its Asia Pacific headquarters.

Taiwan’s LITE-ON to invest $320M more in Vietnam for capacity expansion

Taiwan’s electronic giant Lite-On (Liteon) will invest $110 million and $210 million more in two wholly owned Vietnamese subsidiaries, a total of $320 million, according to filings dated October 30 with the Taiwan Stock Exchange (TWSE).

Malaysia’s 10 Cents Capital completes $20M financing, to begin fund rollout in Brazil

10 Cents Capital, a Malaysian investment holding company, has completed $20 million in financing and will deploy the funds in phases, starting in Brazil.

Meta expands teen safety alerts across Facebook and Messenger

Meta is extending parent alerts for teen self-harm signals to Facebook and Messenger, with flagged Meta AI chats receiving human review.

Tencent Cloud, OmniOps partner to provide sovereign AI infrastructure in Saudi Arabia

Tencent Cloud, the cloud unit of Chinese technology giant Tencent, and OmniOps, a Saudi Arabian AI infrastructure company, will jointly build sovereign AI infrastructure for enterprises in the Kingdom