News

StraitsX partners TBCASoft for multi-currency, stablecoin-driven cross-border payments

StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins, has announced a strategic memorandum of understanding (MOU) with TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network.

Thunes, Ripple expand global partnership to boost cross-border payments

Thunes, the Singapore-based payment firm, and Ripple, the US digital asset infrastructure for financial institutions, have announced an expanded partnership to boost cross-border payments globally.

Amazon launches $4.4B infrastructure region in New Zealand

Amazon announced Monday the launch of the AWS Asia Pacific (New Zealand) region with potential investment of NZ$7.5 billion ($4.4 billion).

Insider threats, supercharged by AI, set for explosive growth in APJ – Exabeam

Insider threats, supercharged by artificial intelligence (AI), set for explosive growth in the Asia Pacific and Japan (APJ), Exabeam research showed recently.

China’s JD.com keen to expand Malaysian operations, eyeing logistics sector – report

Anwar said JD.com also intends to buy more Malaysian products to market in China. Earlier, the prime minister, who is on a four-day working visit to China, held a business meeting with the company's top management led by JD Logistics CEO and executive strategy member Hu Wei.

Singapore’s Venturi Partners announces first close of Fund II at $150M

Venturi Partners, a Singapore-based consumer growth fund, has announced the first close of its second fund at $150 million.

Animoca Brands, Fosun Wealth, FinChain form strategic partnership to advance RWA ecosystem in Asia

Animoca Brands, the Hong Kong-based Web3 and digital property rights firm, Fosun Wealth Holdings, a digital global wealth management platform, and FinChain, an innovator in blockchain finance, have announced a strategic partnership to advance the development of Asia’s real-world asset (RWA) ecosystem.

Malaysia’s Advanced Accumulators launches the region’s first Battery Subscription Program

Malaysia’s battery and automotive solutionist Advanced Accumulators has announced the launch of the region’s first Battery Subscription Program, to transform fleet efficiency and energy optimization across the region.

South and Southeast Asian economies are emerging as back-end hubs – Moody’s

South and Southeast Asian economies are emerging as back-end hubs but technical gaps constrain their ability to capture greater economic value, Moody's said Tuesday.

TikTok’s top management summoned to Malaysia’s federal police HQ over fake news concerns, Meta next – report

“TikTok was very slow in providing information to PDRM (Royal Malaysian Police), to the point that I had to call TikTok CEO Shou Zi Chew to inform him, 'this is a crime that's being committed and your organisation is very slow', Communications Minister Fahmi Fadzil said.