Malaysia

The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.

Malaysian regulator the Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for operating a digital asset exchange (DAX) in Malaysia without registration.

Futu Holdings Limited has on Tuesday announced its expansion into Malaysia with its super investment platform, moomoo, introducing a comprehensive suite of tech-driven offerings to promote financial inclusion.

Vantage Data Centers (Vantage), a United States-based global provider of hyperscale data center campuses, has on Tuesday announced the development of a second data center campus (KUL2) in Cyberjaya, Malaysia with an additional planned US $3 billion investment.

Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.

The airasia Superapp and foodpanda have jointly announced a groundbreaking partnership, combining the strengths of both platforms to offer better value and greater convenience to users across Asean and beyond.

Wibmo, a subsidiary of PayU, has partnered with MobilityOne, a Malaysia-based payment firm, to support the issuance of Mastercard prepaid cards through its prepaid platform Wibmo Hexa. The duo are set to foray into the Malaysian prepaid card market and offer various prepaid programs catering to consumer, corporate, government and the health sector.

Ministry of Science, Technology and Innovation (MOSTI) in Malaysia, through Cradle Fund Sdn. Bhd. (Cradle), has on Tuesday launched a series of micro- conferences, MYStartup NXT, as part of the efforts to create an inclusive, impactful and sustainable startup ecosystem in Malaysia.

One can’t help to wonder — what’s the next course of action for banks? Is biometric technology truly mature enough to be the silver bullet that provides airtight security and seamless customer experiences that banks are aiming to achieve?

Global payment firm Mastercard has on Tuesday opened its new office and launch of its data and services (D&S) hub in Kuala Lumpur, which will serve clients across the Asia Pacific region with a suite of offerings beyond transactions.