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TikTok Shop doubles global GMV in H1 with U.S. market hitting $5.8B: Momentum Works & Tabcut report

TikTok Shop doubled its global gross merchandise value (GMV) in the first half of 2025, with U.S. market hitting $5.8 billion, Momentum Works & Tabcut report showed last Friday.

Malaysia launches Next Gen TeenXChange and Game Changers Coalition Program to empower girls in gaming, STEAM

Malaysia has taken a step forward in advancing digital inclusion with the launch of the Next Gen TeenXChange and Game Changers Coalition Program, a pioneering initiative by UNICEF, in partnership with the Malaysia Digital Economy Corporation (MDEC) and supported by Micron Technology Malaysia as well as Bank Simpanan Nasional (BSN).

Salesforce: Singapore ranks second globally in AI readiness

Salesforce has on Friday released its Global AI Readiness Index, which finds Singapore ranking second globally in overall artificial intelligence (AI) readiness, exemplifying how aligned strategy, public-private collaboration, and digital investment create fertile ground for agentic AI.

Google Play integrates K PLUS via Antom Merchant Payment Service

Google Play, Ant International’s Antom and KASIKORNBANK announced Friday the launch of K PLUS as a new local payment method on Google Play, marking the first time that a Southeast Asia (SEA) mobile banking app is made available as a payment option in the platform.

CIMB signs MOU with Remedi to accelerate digital transformation for healthcare SMEs

Malaysian lender CIMB Bank Berhad has signed a memorandum of understanding (MOU) with Remedi Innovations Sdn. Bhd. to co-develop digital health and wellness solutions for health tech small and medium enterprises (SMEs) in Malaysia.

Foxmont secures $30M first Close for Fund III, anchored by Dutch DFI

Foxmont Capital Partners, the Philippines’ institutional early growth capital firm, announced Friday the first close of its third fund at $30 million — more than doubling its assets under management (AUM) and surpassing the combined size of its first two funds.

Kenanga: hyperscale data center boom spurs demand for telco connectivity services

Kenanga Research has foreseen compelling growth opportunities for Malaysian telcos, driven by the rapid expansion of digital infrastructure across ASEAN.

Adyen, Atlas tie up to improve payments technology for Singapore’s F&B businesses

Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses.

Analysts: Malaysia’s push to rejoin global chip supply chain shows results

MBSB Research said Malaysian government’s effort to reestablish the country’s positioning in the semiconductor global supply chain has started to yield results.

Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities

Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.