News
Sarawak Digital Economy Corporation, Kintone team up to boost digital adoption among Malaysia’s SMEs
Sarawak Digital Economy Corporation (SDEC) and Kintone Southeast Asia Sdn Bhd (Kintone) have teamed up to boost digital adoption among Malaysia’s small and medium-sized enterprises (SMEs).
Australian Development Investments announces strategic partnership with AC Ventures through KINETIK initiative
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a strategic partnership with Indonesian venture capital firm AC Ventures under the KINETIK initiative.
MDEC aims to push for 25.5 percent digital economy contribution to Malaysia’s GDP by end-2025
The Malaysia Digital Economy Corporation (MDEC) said Monday it is dedicated and committed to support Malaysia in achieving or surpassing the 25.5 percent digital economy contribution to gross domestic product (GDP) by year-end through initiatives that catalyze digital transformation, talent development and technology adoption across businesses.
PATRIZIA-Mitsui JV invests $250M to Philippine parking startup Parkwise
PATRIZIA, together with Mitsui via their joint venture fund management company, on behalf of the APAC Sustainable Infrastructure Fund (A-SIF), are supporting sustainable growth in the Philippines with their investment of up to $250 million into parking startup Parkwise Inc.
Vertex Ventures SEA & India leads $16M Series A in Spyne to expand in US, EMEA, APAC
The company continues to expand into new international markets, including high-growth regions in EMEA and APAC, replicating its successful US go-to-market strategy to drive further global adoption.
Standard Chartered, Animoca Brands and HKT team up to issue HKD-backed stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have entered into agreements to establish a joint venture (JV) with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue a Hong Kong dollar-backed stable coin.
EBANX secures in-principle approval for MPI license from MAS for global payment
EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
SC introduces regulatory sandbox to facilitate innovation
The Securities Commission Malaysia (SC) has on Monday released its Regulatory Sandbox Guidelines, detailing the eligibility criteria and requirements for participation.
GCash & BillEase power Enstack merchants with flexible ‘Pay Later’ options to boost sales & growth
This initiative aims to provide small and medium businesses (SMBs) with more flexible and secure payment options while improving access to credit for buyers.
Singapore’s StraitsX partners with Standard Chartered to strengthen stablecoin infrastructure
Through this collaboration, Standard Chartered will serve as one of StraitsX’s trusted banking partners, providing robust cash management and custody services for the reserve assets backing StraitsX’s U.S. Dollar and Singapore Dollar stablecoins, XUSD and XSGD.
