On location

Milestone Systems expands Singapore footprint with the launch of Asia Experience Center

Milestone Systems, a global data-driven video technology, announced Wednesday the opening of its new Experience Center in Singapore, representing a major expansion of the company’s regional footprint in Asia.

Tanium appoints Satyen Desai as New Regional Vice President for ASEAN

Tanium, a global autonomous endpoint management (AEM) firm, announced Wednesday the appointment of Satyen Desai, as its Regional Vice President (RVP), ASEAN.

Maybank sees Sea’s Monee well positioned to benefit from AI-driven payment

Despite the artificial intelligence (AI)-related Shopee uncertainties, Maybank Investment Bank sees Monee well positioned to benefit from AI-driven payments while also capturing a portion of Shopee’s monetization upside.

IFC commits $25M to Seraya Partners Fund II to support sustainable infrastructure development in Southeast Asia

The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has committed $25 million to Seraya Partners Fund I, a private equity infrastructure fund managed by Seraya Partners, to support sustainable infrastructure development in Southeast…

Vinfast Middle East inks deal with PlusX Electric to strengthen EV ownership experience in the UAE

Vietnam-based electric vehicles (EVs) maker VinFast announced Monday the signing of a memorandum of understanding (MoU) with PlusX Electric, a DEWA-approved EV charging and electric mobility solutions provider in the United Arab Emirates (UAE).

Singapore’s Crypto.com receives US trust bank approval

Singapore-based Crypto.com announced Monday that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter Foris Dax National Trust Bank, d.b.a. Crypto.com National Trust Bank.

Singtel’s Digital InfraCo accelerates sovereign AI innovations with Center of Excellence for Applied AI with NVIDIA

Singtel’s Digital InfraCo announced Tuesday the launch of a Center of Excellence (CoE) for Applied AI with NVIDIA as part of the group’s strategy to build a strong, trusted artificial intelligence (AI) ecosystem for Singapore.

Indonesia launches digital innovation hub to accelerate digital solutions

Bank Indonesia (BI) has initiated the Indonesia Digital Innovation Hub (PIDI) in collaboration with the Indonesia Financial Services Authority (OJK), Indonesia Payment System Association (ASPI), Indonesia FinTech Association (Aftech), Indonesia Money Market and Foreign Exchange Market Association (APUVINDO) and Indonesian Banking Development Institute…

U Mobile inks three-year 5G wholesale contract with Telekom Malaysia

U Mobile, a Malaysia-based 5G network provider, has signed a three-year 5G wholesale contract with Telekom Malaysia Berhad (TM), following a structured evaluation process.

TruFin secures strategic investment led by Singapore-based SC Ventures

Global fintech firm TruFin has announced a strategic investment led by Singapore-based SC Ventures, the venture building and investment arm of Standard Chartered, with participation from FalconX and Road Capital.