China
Ant Group Digital Technologies says its international business operation increases 300% in the past year
Ant Group Digital Technologies announced that its revenue from its international business operation has increased by 300 percent in the past year, with key markets including Malaysia, Indonesia, the Philippines and other emerging economies.
Malaysia’s PayNet partners China’s Ant Group for cross-border digital payments
Malaysia's payments firm Payments Network Malaysia Sdn Bhd (PayNet) and China-based Alibaba Group's fintech subsidiary Ant Group have on Wednesday launched their cross-border digital payments collaboration that has enabled travellers from eight regionsto use PayNet’s DuitNow QR in Malaysia, further boosting international tourism and trade among these…
Thailand’s SCG’s IoT unit, powered by Tuya Smart, eyes China market
The Tuya Innovation Roundtable (Asia Pacific) on Oct 18 in Bangkok also includes presentations by all three companies, a panel discussion and interview sessions. Media representatives were also given the opportunity to experience “mind” smart home solutions and some other IoT products and services developed by SCG.
Malaysia’s MY E.G. blockchain unit Zetrix launches cross border supply chain financing pilot with Chinese banks
Malaysia's MY E.G. Services blockchain unit Zetrix, has announced the commencement of a pilot project to offer supply chain financing products in conjunction with Chinese banks for international importers and exporters.
Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka
Alipay+, the payment platform of China-based Ant Group, announced Monday that it has partnered LankaPay, Sri Lanka’s National Payment Network, to enhance digital travel experience to and from Sri Lanka. The duo have recently signed an memorandum of understanding (MoU) towards enhancing inbound and outbound travel experience through cross-border digital…
Malaysia’s EPMB invests $21M for new EV car manufacturing facility in Melaka
Malaysia-listed EP Manufacturing Berhad (EPMB) has announced that it will invest MYR 100 million ($20.98 million) to build an automotive manufacturing facility in Melaka, Malaysia. This strategic move is part of EPMB commitment to establishing a manufacturing hub for energy-efficient vehicles (EEVs) and electric vehicles (EVs) in Malaysia, contributing…
Tuya Smart teams up with T3 Technology & SCG to elevate Thailand’s smart living ecosystem as part of driving digital economy and creative economy
The Tuya Innovation Roundatable (Asia Pacific) on Wednesday also came after Tuya Smart, which has primary listings in both New York and Hong Kong, announced a partnership agreement with SCG in August. Media representatives were also given the opportunities to experience "mind" smart home solution and some other IoT products and services developed by SCG.
China’s LONGi invests $380M to set up solar PV manufacturing base in Malaysia
Chinese photovoltaics company LONGi Green Energy Technology Co is setting up a solar photovoltaic (PV) manufacturing facility in Malaysian with an investment of MYR 1.8 billion ($380 million).
Indonesia bans e-commerce transactions on social media platforms such as TikTok – report
The government said the move, which takes effect immediately, is aimed at protecting offline merchants and marketplaces, adding that predatory pricing on social media platforms is threatening small and medium-sized enterprises.
Ant Group introduces ten Asian e-wallets to China to boost cross-border mobile payment
Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.
