China

Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the possibility of regulating TikTok and its e-commerce operations.

Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in violation of the BSA and has resigned as CEO of Binance.

Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said.

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 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…

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. 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+, 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-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…