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2025-03-24 03:04:14 -

NTT DATA commissions Malaysia, India, Singapore Transit subsea cable
NTT DATA, a Japan-based digital business and technology services firm, announced Monday the commissioning of its Malaysia, India, Singapore Transit (MIST) submarine cable system by June 2025. NTT DATA said in a statement that the MIST is an 8,100-kilometer cable that can carry over 200 terabits per second (Tbps). It is one of the largest cables in Asia, and will connect Malaysia, India,...

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2025-03-20 08:01:06 -

Alipay+ contributes more than 80 percent of inbound QR payments via DuitNow in Malaysia
Alipay+, the cross-border mobile payment platform of Ant International, has contributed more than 80 percent of inbound QR payments via DuitNow in Malaysia. Alipay+ said in a statement on Monday that the contribution is reflecting a successful public-private partnership in building a more connected payments ecosystem. According to the statement, in the peak travel season in December 2024, the...

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2025-03-20 07:55:50 -

Catcha Digital acquires 51 percent stake in Malaysia-based consultancy Digital Symphony for $5.16M
Malaysian digital media firm Catcha Digital Berhad announced Monday that it has entered into a conditional share sale agreement to acquire a 51 percent equity interest in Malaysia-based digital consultancy DS Services Sdn Bhd (Digital Symphony) for a cash consideration of MYR 22.95 million ($5.16 million). Catcha Digital said in a statement that the acquisition provides significant...

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2025-03-20 07:53:58 -

Thailand approves $2.7B data center and cloud services projects
The Thailand Board of Investment (BOI) has on Monday approved $2.7 billion data center and cloud services projects. BOI said in a statement that the board has approved three data center and cloud services projects, by three different operators, which will be respectively located in Bangkok, Chonburi, and Rayong. The projects, which include one hyperscale data center, represent a combined...

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2025-03-20 07:51:56 -

Hong Kong’s RedotPay secures $40M in Series A funding round led by Lightspeed
RedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024. RedotPay said in a statement on Monday that the round also saw significant investments from HSG and Galaxy Ventures. It also saw participation from DST Global Partners, Accel, Vertex Ventures...

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2025-03-20 07:48:28 -

Ekuinas invests in Malaysian cybersecurity firm Bluesify
Malaysian government-linked private equity firm Ekuiti Nasional Berhad (Ekuinas) announced Monday its investment in Bluesify Solutions Sdn Bhd, a local managed security service provider (MSSP). This strategic investment, made via Ekuinas’ Dana Asas I fund reiterates Ekuinas’ continued commitment to accelerate the growth of Bumiputera companies in strategic sectors, Ekuinas said in...

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2025-03-20 07:09:11 -

Hong Leong Islamic Bank collaborates with PayNet, GoBarakah on new FinTech ecosystem
Malaysian lender Hong Leong Islamic Bank (HLISB) has signed a memorandum of understanding (MOU) with fintech platform GoBarakah, with plans to build a new FinTech ecosystem that channels donations and funds to underserved communities. The partnership, formed under the PayNet Cambah program by Malaysia’s national payments firm Payments Network Malaysia Sdn Bhd (PayNet), underscores the...

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2025-03-20 07:06:57 -

Cloud security checklist: 5 steps to protect your data and applications
Moving to the cloud unlocks a range of new capabilities that can greatly benefit any organization – increased flexibility, lower costs, and easier scalability just to name a few. However, migrating workloads away from private data centers also introduces major new cybersecurity headaches if you don’t know how to navigate the shared responsibility model properly. With critical...

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2025-03-20 02:14:44 -

Thailand approves Sunwoda to invest $1B in EV battery cell plants
Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries, has approved an investment by a unit of China’s Sunwoda Electronic worth more than $1 billion in the production of electric vehicle (EV) and energy storage system (ESS) batteries at the cell level, in a move that will strengthen the country’s supply chain and support EV manufacturing for...

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2025-03-19 06:35:59 -

IFC partners Cagamas to drive green building finance and sustainability in Malaysia
The International Finance Corporation (IFC), the global development institution of the World Bank Group, has signed a memorandum of understanding with Cagamas Berhad, the National Mortgage Corporation of Malaysia, to advance green building finance in Malaysia, further supporting the country’s sustainable development goals. IFC said in a statement on Monday that the collaboration aims to...

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2025-03-19 06:33:28 -

Seraya Partners: energy transition, digitalization, and regionalization are driving new investment opportunities across developed and emerging Asia
Seraya Partners said Monday that energy transition, digitalization, and regionalization, are driving new investment opportunities across developed and emerging Asia, as the region continues to drive global economic growth. The Asia-based independent private equity fund said in its latest whitepaper that an estimated $1.7 trillion in annual funding is required to sustain growth, modernize...

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2025-03-18 02:15:03 -

MVP Group’s startup accelerator arm IdeaSpace appoints Alwyn Rosel as new Executive Director
IdeaSpace, the Philippines-based startup accelerator and early-stage venture investment arm of the MVP Group of Companies, has on Monday announced the appointment of Alwyn Rosel, a startup ecosystem veteran, as the new Executive Director of IdeaSpace and QBO Innovation, succeeding Jay Fajardo. IdeaSpace said in a statement that backed by 13 years of industry experience, Rosel has been with QBO...

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