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AI-powered insurance broker Rosella raises $2.6M in funding led by Peak XV Partners, Intact Private Capital
Rosella, an AI-native commercial insurance brokerage, has raised A$3.7 million ($2.56 million) in pre-seed funding led by Southeast Asia-focused Peak XV Partners and Intact Private Capital.
Indonesia, South Korea launch cross-border QR payments to boost trade and tourism
Bank Indonesia and the Bank of Korea have officially launched a cross-border QR-based payment system, enabling Indonesian citizens to make transactions in South Korea using QRIS through domestic apps without the need for currency conversion.
Upbit partners ICEx to establish Indonesia’s digital asset Infrastructure
Upbit, a digital asset exchange operated by Dunamu Inc., announced Friday that it has signed a memorandum of understanding (MOU) with Indonesia Crypto Exchange (ICEx), a licensed digital asset bourse in Indonesia, to establish a strategic framework for technical and operational collaboration aimed at accelerating the development of Indonesia's regulated…
Green SM signs $35.33M investment loan agreement with BCA
Green SM Indonesia and Bank Central Asia (BCA) have on Friday announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion ($35.33 million), marking the formalization of a long-term financial partnership between the two parties.
Malaysia regulators team up to strengthen scams prevention and enforcement
The Securities Commission Malaysia (SC) and the Malaysian Communications and Multimedia Commission (MCMC) have on Friday agreed to further enhance cooperation in enforcement and strengthen efforts in mitigating and preventing scams.
MyDIGITAL, Oracle to train 300,000 Malaysians in AI skills
Malaysia aims to empower 300,000 students and professionals with artificial intelligence (AI) skills through a new training initiative launched by Oracle and MyDIGITAL Corporation, the government’s digital economy agency.
MIMOS, Global Electronics Association join force to advance Malaysia’s electronics and semiconductor ecosystem
Malaysia's national applied research and development center MIMOS Berhad and the Global Electronics Association have recently signed a memorandum of understanding (MoU) to collaborate in strengthening Malaysia’s electronics and semiconductor ecosystem, with a focus on advanced electronic packaging (AEP), industry alignment, and global best practices.
Western Union completes acquisition of Dash from Singtel
Global payment firm Western Union announced Wednesday that, following receipt of all required regulatory approvals, it has completed its acquisition of Dash (Singcash Pte. Ltd), the Singapore-based digital wallet previously owned by Singtel.
Singapore elevates national standard for EV charging systems to support safer charging infrastructure
To support the continued expansion of Singapore’s electric vehicle (EV) charging network and the adoption of emerging charging technologies, the national EV charging standard, Technical Reference 25 (TR25:2022) will be elevated to a Singapore Standard, SS 722 with effect from April 1, 2026, Enterprise Singapore said Tuesday.
TikTok invests $125M in Vietnam
TikTok has invested $125 million in Ho Chi Minh City, the southern economic hub of Vietnam, the municipal Department of Finance said on Thursday.
