News
Alibaba Cloud to launch second data center in South Korea
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday it will launch its second data center in South Korea by the end of June 2025 in response to the growing demand for cloud computing and artificial intelligence (AI) services from local businesses.
Malaysia’s regulators roll out the climate finance innovation lab
Malaysian regulators Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC) announced Wednesday the rollout of the climate finance innovation lab.
InstaPay Technologies secures Series A2 funding round of $3m to accelerate growth, innovation
Malaysian fintech firm Instapay Technologies Sdn Bhd announced Wednesday the successful completion of a Series A2 funding round of $3 million.
Petronas, JERA expand collaboration for sustainable energy
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) and Japan's power generation company JERA have agreed to expand their collaboration for sustainable energy.
Malaysian fintech firm Paydibs restructures with new digital services focus
Paydibs, a Malaysia-based digital payments firm, has stepped into a new chapter with a future-ready fintech identity, a revitalized leadership team and a bold roadmap aimed at powering the next wave of businesses and small and medium-sized enterprise (SME) growth.
S&P affirms Grab Holdings ‘BB-‘ rating with stable outlook
S&P Global Ratings has affirmed Singapore-based mobility, delivery, and digital financial services provider Grab Holdings 'BB-' rating with stable outlook as it sees the firm can absorb $1.5 billion bond issuance.
Thailand’s 10Ants secures $500,000 of Pre-Seed funding from Wavemaker Impact
10Ants Enterprise, an urban revitalization company based in Thailand, has secured $500,000 in Pre-Seed funding from Wavemaker Impact to support its aim of turning Southeast Asia's underutilized urban buildings into green, vibrant hubs for small and medium-sized enterprises (SMEs).
DayOne signs CRESS agreement with TNB to secure up to 500MW of renewable energy
DayOne Data Centers, a Singapore-based digital infrastructure platform, has announced the signing of a Corporate Renewable Energy Supply Scheme (CRESS) agreement with Tenaga Nasional Berhad (TNB), a Malaysian utility company.
Ria Money Transfer gets approval to enable digital salary payments for Malaysia’s migrant workforce
Ria Money Transfer (Ria), a Malaysia-based fintech firm, has been officially approved by the Department of Labor Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet.
Analyst sees ASEAN digital spending remains strong
ASEAN internet sector is set for sustained elevated growth amid steady digital spending, Maybank Investment Bank said last Friday.
