News
Data center boom to lift S&SEA growth, but local gains hinge on ecosystem development – Moody’s
South and Southeast Asia are well positioned to capture the economic opportunities arising from the global data center boom, but the long-term credit benefits will depend on how effectively countries turn infrastructure investment into broader, locally anchored economic growth, Moody’s Ratings said on Tuesday.
MAS consults on legislative amendments to implement stablecoin regulatory framework
The Monetary Authority of Singapore (MAS) has on Tuesday published a consultation paper on proposed legislative amendments to the Payment Services Act 2019 (PS Act) to implement MAS’ regulatory framework for stablecoins in Singapore.
Alipay+ connects to QR Ph for cross-border payments in the Philippines
PPMI and Alipay+ have connected Alipay+ to QR Ph, allowing supported international e-wallet and banking-app users to pay Philippine merchants through existing QR Ph codes.
Philippines’ Lumio Solar raises $900K pre-seed round led by 100×100
Philippine climate-tech company Lumio Solar has raised a $900,000 pre-seed round led by 100x100 to scale distribution of consumer-ready solar appliances and equipment.
MAS commits $173M to support next phase of FinTech innovation
The Monetary Authority of Singapore (MAS) announced Monday a S$220 million ($173 million) commitment over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0) to strengthen Singapore’s FinTech ecosystem and accelerate innovation and technology adoption across the financial sector.
Singapore’s ComfortDelGro JV with RATP Dev wins $2.7 billion contract to run the Copenhagen Metro
Singapore transport operator ComfortDelGro Corporation Limited, through KBH Metro Partner, its joint venture with RATP Dev, announced Monday that the consortium has been selected to operate and maintain the Copenhagen Metro under a contract valued at DKK17 billion ($2.6 billion).
Singapore’s Beyond Border appoints former Airbnb and Zenyum executives as Advisors as it expands across the US & Latin America
Beyond Border, a Singapore-founded, tech-enabled U.S. immigration platform, announced Thursday the appointments of former Airbnb executive Kum Hong Siew as Business Advisor and former Zenyum Chief Marketing Officer Bassam Abdel-Rahman as Growth Advisor.
CrowdStrike, Telkom Indonesia sign MoU on AI-powered cybersecurity transformation
CrowdStrike and Telkom Indonesia have signed a memorandum of understanding to combine the Falcon platform and security services with Telkom's Indonesian customer reach and infrastructure.
Huawei Cloud launches CodeArts Agent across Asia Pacific
Huawei Cloud has moved CodeArts Agent from public beta to general availability across Asia Pacific, with 16 specialized agents spanning software development.
Singapore and Brazil to collaborate on green and digital shipping corridor
Singapore and Brazil have signed a Memorandum of Understanding (MOU) to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC), the Maritime and Port Authority of Singapore (MPA) said on Friday.
