Asia

Ant International partners LankaPay to launch Alipay+ in Sri Lanka

Ant International, a global digital payment, and LankaPay, Sri Lanka’s National Payment Network, have jointly announced the launch of enabling cross-border mobile payments for Alipay+ partner users via the LANKAQR network, enhancing the connectivity between global consumers and Sri Lankan merchants.

Lenovo study: ASEAN+ leads in hybrid AI adoption at 68 percent

Association of Southeast Asian Nations (ASEAN+), which includes Indonesia, Singapore, Thailand, Malaysia, Philippines, Hong Kong and Taiwan, leads in hybrid artificial intelligence (AI) adoption at 68 percent, surpassing global and Asia Pacific (AP), Lenovo study showed Wednesday.

Vertex Ventures Japan completes first close of $66.95M fund

Vertex Ventures Japan (VVJ) has announced the completion of the first closing of its inaugural fund, Vertex Ventures Japan Fund I (VVJFI), targeting JPY 10 billion ($66.95 million).

Taiwan’s Hotayi Electronic breaks ground on $113M smart manufacturing facility in Malaysia

Taiwanese electronics manufacturing services company Hotayi Electronic (M) Sdn. Bhd. has broken ground on MYR 500 million ($113 million) smart factory expansion in Malaysia.

Temu, DLocal team up to expand shoppers payment solution in Africa, Asia, Latin America

Temu, the global e-commerce platform of China’s PDD Holdings, and dLocal, the cross-border payment platform connecting global merchants to emerging markets, have announced a strategic partnership to expand their payments in Africa, Asia, Latin America.

HitPay partners with NPCI International to launch UPI integration in Singapore

HitPay, a Singapore-based fintech firm, has partnered with NPCI International Payments Limited (NIPL), an India-based payments firm, to integrate the unified payments interface (UPI) into its platform.

HashKey secures license to expand crypto service offerings in Hong Kong

HashKey Capital, a Hong Kong-based institutional asset manager investing in blockchain technology and digital assets, has obtained a Type 1 license from the Hong Kong Securities and Futures Commission (SFC), further expanding its regulated capabilities under the SFC.

GBA TOUR 2025: Discover opportunities in the Greater Bay Area with the BEYOND Expo Innovation Tour

The GBA Tour 2025 is set to take place in several dynamic cities including Macao, Shenzhen, Hong Kong and other cities in the GBA region from May 26-28, 2025.

NTT DATA commissions Malaysia, India, Singapore Transit subsea cable

NTT DATA, a Japan-based digital business and technology services firm, announced Monday the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025.

Hong Kong’s RedotPay secures $40M in Series A funding round led by Lightspeed

RedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024.