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Malaysia’s VentureTECH invests $7.16M to strengthen national digital resilience in cybersecurity

VentureTECH Sdn Bhd, an impact investment company, has announced a strategic investment of MYR 28 million ($7.16 million) into Delta Spike Asia Sdn Bhd and IX Telecom Sdn Bhd, reinforcing Malaysia’s cybersecurity strength and cross-border digital infrastructure capability.

LC Wakaful Digital launches Malaysia’s first registered social exchange platform

LC Wakaful Digital Sdn Bhd (LCWD), a wholly owned subsidiary of Gobarakah Tech Sdn Bhd, announced Thursday the official launch of Impakrintas, Malaysia’s first Social Exchange platform, following the Securities Commission Malaysia’s (SC) announcement on LCWD’s appointment as the inaugural Social Exchange Platform operator on February 12.

Philippines-owned fintech firm BCRemit expands global footprint to 23 countries

Building on its success in the retail remittance sector, BCRemit, a Filipino-led global digital remittance company, has expanded its services to 23 countries and announced plans to scale its operations to provide tailored cross-border payment solutions beyond the overseas Filipino workers (OFWs).

Sea and Google deepen partnership to deliver AI-powered innovations for consumers globally

Sea Limited, a Singapore-based technology company founded in Singapore, announced Thursday an expanded strategic partnership with Google to advance the development of artificial intelligence (AI)-powered innovations that can serve users across Sea’s core business lines of digital entertainment, e-commerce, and digital financial services.

Malaysia launches Government Innovation Initiative to accelerate AI Nation journey by 2030

In a move to fundamentally transform digital governance, the Ministry of Digital is activating the Government Innovation Initiative (GII), a strategic national undertaking poised to galvanize innovation across the public sector and advancing Malaysia’s commitment to achieving AI Nation status by 2030.

SMFG, IFC partner to launch $500M digital inclusion bond, supporting MSMEs in emerging markets

To promote digitalization and jobs in emerging markets, the International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Sumitomo Mitsui Financial Group (SMFG), a Japanese financial group, to launch the world’s first social bond exclusively dedicated to digital inclusion, including for micro, small, and medium enterprises…

Animoca Brands secures VASP license from Dubai’s VARA

Animoca Brands, a global digital assets firm, announced Monday it has received a virtual asset service provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA).

SoftBank and AMD to jointly validate utilization of AMD Instinct GPU for next generation AI infrastructure

Japan-based SoftBank Corp., together with the United States-based technology firm Advanced Micro Devices, Inc. (AMD), commenced the joint validation of utilizing AMD Instinct graphics processing units (GPUs) in advancing next generation AI infrastructure computing resources.

Tower Capital Asia announces majority investment in Singapore’s digital security solutions provider V-Key

Tower Capital Asia (TCA) announced last Thursday a strategic majority investment in V-Key, a Singapore-based focused provider of digital identity and mobile application protection and security (MAPS) solutions.

SBI to acquire Singapore digital asset platform Coinhako

SBI Holdings, Inc. announced last Friday that the firm intends to acquire a majority stake in the Singapore digital asset platform Coinhako Group.