News
Malaysia’s PayNet appoints Praveen Rajan as Chief Executive Officer
Payments Network Malaysia Sdn Bhd (PayNet), Malaysia's national payments firm, announced Wednesday that Praveen Rajan has assumed the role of Chief Executive Officer (CEO), effective February 1, 2026.
Hesai partners Grab to accelerate lidar deployment across Southeast Asia
Hesai Technology, a China-based lidar solutions firm, announced Wednesday a strategic cooperation with Singapore-based superapp Grab, under which Grab will serve as the exclusive distributor of Hesai's lidar products in Southeast Asia.
Fullerton Fund makes first SEA climate investment in Thailand’s PyroEnergie
Singapore-based Fullerton Fund Management announced Wednesday that the Fullerton Carbon Action Fund has successfully completed an investment in Pyro Energie, Thailand’s recycler of end-of-life tires.
Infor appoints Geoff Thomas to lead Asia Pacific and Japan
Infor, the global Industry Cloud Complete company, announced Wednesday the appointment of Geoff Thomas as Senior Vice President and General Manager for Asia Pacific and Japan (APJ) to strengthen Infor’s commitment to delivering exceptional value and tailored solutions to customers across the region.
Singapore’s payments sector funding reaches $319M in first nine months of 2025
Singapore has continued to lead in the payments sector, with funding for payments reaching over $319 million during the first nine months of 2025 — surpassing the total FinTech funding (of which payments is a subset) for Indonesia, Malaysia, the Philippines, Thailand, and Vietnam combined, a report showed Wednesday.
Tala partners with CIMB in $100M deal for Vietnam launch
Tala, the global financial infrastructure company, announced Wednesday a $100 million partnership deal with Malaysia-based bank CIMB to accelerate its launch in the fast-growing Vietnam market.
Penang opens shared lab for IC design validation & characterization to support Malaysia’s semiconductor ecosystem
Penang has on Tuesday marked another major milestone under the Penang Silicon Design @5KM+ (PSD@5KM+) initiative, with the official opening of the Shared Lab for IC Design Validation & Characterization as a shared facility for Penang-based integrated circuit (IC) design companies, and the onboarding of its second batch of technology collaborators,…
Bridge Alliance appoints Loo Boon Chee as next CEO after Ong Geok Chwee stepping down
Bridge Alliance, the alliance of leading mobile operators globally, announced Tuesday that Dr Ong Geok Chwee will be stepping down as Chief Executive Officer (CEO) at the end of March.
KKR-led consortium with Singtel to fully acquire ST Telemedia Global Data Centers at $5.1B
Global investment firm KKR and Singapore's communications technology group Singtel announced Wednesday they will fully acquire data center colocation services provider ST Telemedia Global Data Centers (STT GDC) at S$6.6 billion ($5.1 billion).
SoftBank subsidiary SAIMEMORY partners Intel to commercialize next-generation memory technology
SoftBank Corp. announced Tuesday its wholly owned subsidiary SAIMEMORY Corp. has signed a collaborative agreement with Intel Corporation to advance the commercialization of Z-Angle Memory (ZAM), a next-generation memory technology designed for high capacity, high bandwidth and low power consumption.
