On location

Yuno, a global payment platform, announced Thursday an important expansions within Asia Pacific (APAC) including the opening of regional headquarters in Singapore and new operations in China.

​The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced Thursday that it will stop accepting new applications for digital bank licenses starting December 1, 2025.

Export Development Canada (EDC), Canada’s export credit agency, and the Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, have signed a CAD$825 million ($592 million) Market Leader Partnership memorandum of understanding (MOU) to strengthen bilateral investment ties and promote sustainable economic development between the two……

Vietnamese electric vehicles (EVs) maker VinFast has secured a $100 million green loan facility from MUFG Bank, Ltd., to be used for VinFast's development and international expansion strategy.

SC Ventures by Standard Chartered Bank, which builds and invests in breakthrough ventures in and beyond banking, together with Fujitsu, a developer of quantum software and hardware, are joining forces to incubate Project Quanta.

U Mobile, a Malaysia-based 5G network provider, has signed a memorandum of understanding (MoU) naming Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), as one of its strategic technology partners to establish its Enterprise Innovation Platform (EIP).

OpenAI, Oracle, and SoftBank are announcing five new U.S. artificial intelligence (AI) data center sites under Stargate, OpenAI’s overarching AI infrastructure platform.

Sapura Industrial Berhad (SIB), a Malaysia-based automotive component manufacturers, and Asia Pacific University of Technology & Innovation (APU), Malaysia’s digital technology institution, have entered into a memorandum of understanding (MoU) to strengthen collaboration in electric and hybrid vehicle technology and smart manufacturing.

SUNRATE, the Singapore-based payment and treasury management platform, announced Thursday the integration of its commercial cards with Google Pay, giving businesses worldwide a faster, more secure, and convenient way to pay directly from their Android devices.

E-commerce platform TikTok Shop announced Wednesday that it is further injecting MYR 20 million ($4.74 million) into the local digital economy in Malaysia through its new #JomLokal Booster Stimulus Package, to provide enhanced support for local micro, small, and medium-sized enterprises (MSMEs) and homegrown products.