News
Swift Bridge Technologies announces its localized production of Malaysia’s first EV chargers with $2.68M investment
Swift Bridge Technologies (MFG) Sdn. Bhd. has announced its localized production of Malaysia’s first electric vehicle (EV) chargers with MYR 11.2 million ($2.68 million) investment over the next three years.
Western Union and TenPay Global partner to drive remittance innovation
Western Union and TenPay Global, Tencent's cross-border payment platform, have on last Thursday announced the launch of a wide-ranging strategic partnership to drive innovation with a customer-first mindset, bringing together the physical and digital worlds together in a true omni-channel remittance experience.
Maybank raises Sea’s EBITDA estimates by 2 to 3 percent for FY25–27
Factoring in Sea Limited's third quarter results, Maybank Investment Bank has raised the Singapore tech giant’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 2 percent to 3 percent for FY25 to FY27.
Malaysia, Indonesia and India emerge as leading growth markets in data center – BMI
BMI Country Risk and Industry Research (BMI)'s technology team forecasts an average of 9.7 percent year on year data center capacity growth across Asia Pacific (APAC) between 2025 and 2028, with Malaysia, Indonesia and India at the forefront of this growth.
GFTN and QDB strengthen fintech collaboration between Middle East and Singapore
The Global Finance & Technology Network (GFTN) announced last Wednesday a strategic partnership with the Qatar Development Bank (QDB), represented by Qatar Fintech Hub (QFTH) to establish a Global Center of Excellence (CoE) for Finance and Technology in Doha.
FinFan and DT One partner to strengthen Vietnam’s digital services ecosystem
FinFan, a Vietnam-based fintech firm, and DT One, a Singapore-based digital value exchange, have announced a strategic partnership to strengthen Vietnam’s digital services ecosystem.
Nium and Digit9 join hands to enable faster, full-value payouts
Nium, the Singapore-based infrastructure for real-time cross-border payments, has announced an expanded partnership with Abu Dhabi-based payments innovator Digit9 to accelerate payouts across key markets, empowering businesses to move money instantly, transparently, and at scale.
ASEAN could unlock $2T digital future by 2030 – HSBC, Google Cloud
HSBC and Google Cloud released last Thursday its Digital Frontiers 2030 report, which finds that Southeast Asia’s digital economy could reach $1 trillion by 2030, with potential to double to $2 trillion as regional integration and real-time payments accelerate adoption.
DBS, Ant International enhance strategic partnership to scale innovative cross-border payment and fintech solutions
Singapore lender DBS and payment firm Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitization and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.
MAS and Deutsche Bundesbank sign MoU on tokenization and cross-border settlement
The Monetary Authority of Singapore (MAS) and the Deutsche Bundesbank have on last Thursday signed a memorandum of understanding (MoU) regarding collaboration on cross-border digital asset settlement.
