News

Senheng and Progressture Solar launch solar and battery energy storage systems in East Malaysia

Senheng Electric (KL) Sdn. Bhd. (Senheng), a Malaysia-based consumer electronics retailer, has partnered with clean energy provider Progressture Power Sdn Bhd (Progressture Solar) to expand its solar energy offering into East Malaysia.

Malaysian central bank enables round-the-clock interbank settlement with RENTAS+

Bank Negara Malaysia (BNM) has on Tuesday launched RENTAS+, an enhancement to RENTAS, Malaysia’s real-time gross settlement system (RTGS).

Capital A partners Ant International to optimize treasury operations, enhance customer experience

Malaysia-based Capital A has partnered with Singapore-based Ant International to optimize treasury operations and enhance customer experience for its airline business, AirAsia.

Temasek-backed Fullerton launches first retail fund under EQDP

Temasek-backed Fullerton Fund Management has launched the first retail fund under the Equity Market Development Program (EQDP), after it was appointed by the Monetary Authority of Singapore as the first batch of asset managers under the EQDP announced in July this year.

UAE’s Fasset secures provisional banking license for stablecoin-powered Islamic bank in Malaysia

Fasset, a United Arab Emirates (UAE) financial superapp, has secured approval from Malaysia to provide banking services.

HitPay partners Ingenico to launch payment solution to drive digital adoption for Filipino SMEs

The Singapore-based payments infrastructure platform HitPay has partnered with France-based electronic payment solutions firm Ingenico to launch "all-in-one" system to boost Philippine small and medium-sized enterprises (SMEs) digital payments adoption.

AMD and OpenAI team up to deploy 6 Gigawatts of AMD GPUs

American technology firms Advanced Micro Devices (AMD) and OpenAI have on Monday announced a 6 gigawatt agreement to power OpenAI’s next-generation artificial intelligence (AI) infrastructure across multiple generations of AMD Instinct graphics processing units (GPUs).

Swedfund invests $15M in Excelsior Capital Vietnam Fund II to boost SME growth

Sweden’s development finance institution Swedfund said Monday it is investing $15 million in Excelsior Capital Vietnam Fund II to boost Vietnamese private sector development and growth, and thereby job creation.

Salesforce appoints new country leaders in Indonesia and Thailand to accelerate Agentforce growth

Salesforce, the global firm in artificial intelligence (AI) customer relationship management (CRM), is strengthening its regional leadership in ASEAN with the appointment of new country leaders for Thailand and Indonesia.

Singapore’s Valtor Solutions raises $700,000 in Pre-Seed funding led by Wavemaker Impact

Valtor Solutions, Inc., a Southeast Asia-focused construction sourcing and procurement firm, announced Tuesday it has raised $700,000 in Pre-Seed funding led by leading climate-tech venture build VC Fund Wavemaker Impact.