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Malaysia’s PayNet and Bank of China team up to explore seamless and real-time payment and settlement solutions
Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has signed a memorandum of understanding (MoU) with Bank of China (Malaysia) Berhad (BOC Malaysia) to explore seamless, real-time payment and settlement solutions that simplify financial flows between Malaysia and China.
Singapore’s XSQUARE Technologies, ACC ink MoU to advance Saudi Arabia’s logistics landscape
Singapore-based XSQUARE Technologies and Alkhorayef Commercial Company (ACC), an integrated commercial and industrial solutions provider in the Kingdom of Saudi Arabia, have inked deal to advance Saudi Arabia’s logistics landscape.
Malaysia’s Sunway Construction wins $270M worth of data center projects
Malaysia-based Sunway Construction Group Berhad (SunCon) announced Thursday that it has secured MYR 1.16 billion ($280 million) worth of data center projects.
Singapore’s Aspire integrates with Stripe to boost businesses payment
Aspire, the Singapore-based finance platform for businesses, has integrated with Stripe, a global financial infrastructure platform, to offer businesses more ways to receive payments—faster and seamlessly.
Singapore’s Vena to accelerate sustainable digital infrastructure growth across APAC
Vena Global Group Pte Ltd announced Wednesday the launch of Vena Nexus Group Pte Ltd, a wholly-owned subsidiary dedicated to the development of AI-ready data center infrastructure (AI-DC).
TNGlobal Tracker: Startup Funding Snapshot for May 2025
The Southeast Asia (SEA) Monthly Funding Tracker for May 2025 indicates a sharp decline in funding activity. Total funding stood at $128.8 million across 16 rounds, which represents a 70.70 percent drop from April 2025 and a 26.42 percent decline from May 2024.
Industry leaders team up to accelerate tech adoption including GenAI for more than 6,000 enterprises in Singapore
The Infocomm Media Development Authority (IMDA) announced Tuesday that industry leaders including Alibaba Cloud, Prudential and ST Engineering have teamed up to accelerate tech adoption including generative artificial intelligence (GenAI) for more than 6,000 enterprises in Singapore.
Alibaba, SAP team up to accelerate AI-powered digital transformation in markets including SEA
Chinese multinational technology company Alibaba Group and German multinational software firm SAP SE announced Wednesday a strategic partnership to jointly accelerate enterprise innovation and digital transformation through advanced cloud and artificial intelligence (AI) technologies.
Danantara, INA, Eramet team up to advance Indonesia’s nickel for EV
The Indonesia Investment Management Agency, Danantara Indonesia, and the Indonesia Investment Authority (INA) have announced the signing of a Memorandum of Understanding (MoU) with French mining company Eramet to explore the establishment of a strategic investment platform in the nickel sector, spanning upstream to downstream operations.
UnionPay partners CIMB to improve payment services in Malaysia
Chinese payment firm UnionPay International (UPI) and Malaysian lender CIMB Bank Berhad have entered into a memorandum of understanding (MoU) to improve payment services in Malaysia.
