News
Ant Group, Mastercard, partner to extend International Consumer Friendly Zones program to facilitate inbound travel to China
Chinese fintech player Ant Group and American payment firm Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have extended the International Consumer Friendly Zones program to facilitate inbound travel to China.
MAS expands industry collaboration to scale asset tokenization for financial services
The Monetary Authority of Singapore (MAS) announced the expansion of initiatives to scale asset tokenization for financial services. This includes partnering with global industry associations and financial institutions to drive common asset tokenization standards in fixed income, foreign exchange (FX) and asset and wealth management.
Singtel partners Hitachi Digital to accelerate industrial AI solutions
Singtel, a Singapore-based communications technology group, and Hitachi Digital, a Japan-based end-to-end digital transformation services and technology firm, have announced a new collaboration that will pair Hitachi’s deep artificial intelligence (AI) expertise with Singtel’s Paragon platform, the all-in-one orchestration platform for 5G, edge computing…
Westcon-Comstor to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more
Global technology provider Westcon-Comstor has on Tuesday announced an expansion of its long-standing relationship with Finnish multinational telecommunications firm Nokia to distribute Nokia’s drone-in-a-box solution in Singapore, Australia, New Zealand, and more.
Singapore’s Heymax.ai raises $2.6M in seed funding round led by January Capital
Singapore-founded loyalty platform Heymax.ai has on Tuesday announced it has raised $2.6 million in seed funding, led by January Capital. The round also saw participation from Tenity, Ascend Angels, XA Network and other strategic investors.
Bangkok Hospital invests $5.45M in state-of-the-art robot-assisted surgery to elevate patient care through surgical innovation
Bangkok Hospital, a healthcare provider in Thailand, has invested over 200 million baht ($5.45 million) to establish a cutting-edge robotic surgery center.
Indonesia’s Xurya raises $55M in funding led by Norwegian Climate Investment Fund
Xurya, a renewable energy company offering rooftop solar rental without initial cost in Indonesia, has announced receiving an additional $55 million investment. The deal was led by the Norwegian Climate Investment Fund managed by Norfund, with participation from Swedfund, Clime Capital as the manager of SEACEF II, British International Investment (BII), and…
Ride-share app inDrive projects its ride-hailing drivers in Malaysia to double by year-end – report
Founded in 2013 and incorporated in the US in 2018, inDrive is available in over 749 cities across 46 countries today, information from its website showed.
India, Malaysia & 3 other Asean countries plan instant retail cross-border payments
The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform.
Jirnexu to acquire CompareHero to strengthen position as Malaysia’s fintech leader
Jirnexu Sdn Bhd, the parent company of RinggitPlus, announced last Friday a strategic transaction to acquire CompareHero, the Malaysian arm of MoneyHero Limited.
