News

Malaysia’s communications regulator said on Monday it will deem internet messaging and social media service providers with eight million or more users in the country as registered licensees under its Applications Service Provider Class framework, easing formal licensing requirements under the Communications and Multimedia Act 1998.

Shizen Energy Inc. announced Monday that the project company SM 01 Sdn. Bhd. has achieved financial close for the 29.99 megawatt (MW) solar power project under Malaysia’s Corporate Green Power Program (CGPP) and signed a power purchase agreement (PPA) with Google.

Vietnam, one of Southeast Asia’s fastest-growing digital markets, is seeing its e-commerce seller economy expand at breakneck speed, driven by a young, digitally fluent generation of entrepreneurs - but the ecosystem supporting them is struggling to keep pace, according to a new study by leading consumer research firm Milieu Insight.

Cradle Fund Sdn Bhd (Cradle), Malaysia’s focal point agency for startup ecosystem under the Ministry of Science, Technology and Innovation (MOSTI), has formalized a strategic collaboration with United Kingdom-based strategy consulting firm, wippd ltd, under the Cradle Innovation Advisory (CIA) initiative.

MarinaChain, a South Korea-based maritime decarbonization technology company, has partnered with GreenMarine, a Singapore-based cleantech provider, to establish to build an integrated carbon compliance hub in Singapore.

Ant International, HSBC and Swift have on Wednesday completed a successful Proof of Concept (POC) for the cross-border transfer of tokenized deposits using ISO 20022 standards.

ESET, a global cybersecurity solutions firm, highlighted that Malaysia is entering a new era of artificial intelligence (AI) powered social engineering.

Tata Consultancy Services (TCS), an India-based information technology (IT) services firm, announced Thursday the launch of a Google Cloud Gemini Experience Center (GEC) in Singapore.

Capital A Berhad and Standard Chartered Bank Malaysia Berhad announced Friday the signing of a letter of intent (LOI) to jointly explore the development and testing of a Ringgit (MYR)-denominated stable coin through the Digital Asset Innovation Hub (DAIH) under Bank Negara Malaysia (BNM).

Vietnamese insurtech startup Saladin has raised an undisclosed amount in Series A funding round led by SBI Ven Capital through its joint fund with Kyobo Securities from South Korea and NTUitive from Singapore.