Malaysia

Does Axiata-RHB consortium have what it takes to win a digital bank license in Malaysia? [Q&A]

In an interview, Boost CEO Sheyantha Abeykoon told TechNode Global the competitive edge Axiata-RHB consortium have against other contenders and how will it position the digital bank should the consortium were granted a digital banking license.

Sunway iLabs announces top 5 startups for its 2021 Super Accelerator program

In the next three months of the Super Accelerator programme, Sunway iLabs will help the selected top five startup founders connect with Sunway’s global network of partners, industry experts, mentors and investors.

Challenges and opportunities as Buy Now, Pay Later shopping gains traction in Malaysia

The ongoing pandemic has helped to accelerate the uptake of BNPL as commerce increasingly moves online and consumers look for alternatives to better manage their finances.

AirAsia’s BigPay raises up to $100M in financing from South Korea’s SK Group

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.

PropertyGuru completes acquisition of iProperty Malaysia, thinkofliving

iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.

BigPay banks on AirAsia’s ecosystem, consortium’s banking expertise to vie for digital banking license in Malaysia [Q&A]

In the interview, Dhanani also shared BigPay’s plans and strategy on how to serve the “underserved and unserved” segment in Malaysia.

Malaysia’s Axiata eyes 66% stake in Indonesia’s Link Net

The group and its 66.48 percent subsidiary, PT XL Axiata Tbk, has entered a non-binding term sheet with Asia Link Dewa Pte Ltd and PT First Media Tbk to facilitate discussions and negotiations for a potential acquisition of 1.82 billion shares or 66.03 percent stake in Link Net.

Malaysia’s iStore iSend bags investment from Japan’s logistics giant Yamato Holdings

The fund will be used for iStore iSend’s talent acquisition and improving its proprietary system to help the company in its plan for cross border expansion.

Malaysia Competition Commission closely monitors food delivery platforms after public outcry on exorbitant commission fees

The development also came after local media highlighted last month that some restaurants has urged customers to bypass food delivery platforms and order food directly from their outlets instead of delivery services which take a big cut.

AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital

AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.