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Alipay+ contributes more than 80 percent of inbound QR payments via DuitNow in MalaysiaAlipay+, 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...0 Kommentare 0 Geteilt 12KB Ansichten 0 Bewertungen
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AMRO sees fragmented systems, regulatory alignment, and cybersecurity as challenges for ASEAN regional payment connectivityWhile ASEAN’s regional payment connectivity (RPC) is making good progress, ASEAN+3 Macroeconomic Research Office (AMRO) sees some challenges, including fragmented systems, regulatory alignment, and cybersecurity remain. The research house said in a note on Thursday that as more bilateral arrangements are added under the RPC, the complexity of integration increases. Besides, the pace of...0 Kommentare 0 Geteilt 11KB Ansichten 0 Bewertungen
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Ant Digital Technologies establishes international headquarters in Hong KongAnt Group’s subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday. The firm said in a statement that the office for attracting strategic enterprises (OASES) held the OASES partnership signing ceremony on Tuesday to welcome a new batch of strategic enterprises to set up or expand their operations in Hong...0 Kommentare 0 Geteilt 9KB Ansichten 0 Bewertungen
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APDCA foresees $34 bln economic output from Malaysia’s data centersThe Asia-Pacific Data Center Association (APDCA) has projected that the sector could generate approximately $34 billion in total economic output and support 30,900 jobs by 2030 — up from $1.4 billion and 4,400 jobs in 2024. APDCA said in a report revealed on last Thursday that across both construction and operation, data centers in Malaysia could contribute about 4.1 percent of national...0 Kommentare 0 Geteilt 4KB Ansichten 0 Bewertungen
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CelcomDigi develops AI-powered neural network traffic intelligence solution with key Malaysian government authoritiesMalaysian telecommunication firm CelcomDigi Berhad, through its Innovation Center, has announced a collaboration with key government authorities to develop Malaysia’s first artificial intelligence (AI)-powered traffic intelligence platform using neural networks and advanced analytics. CelcomDigi said in a statement on last Thursday that these authorities include MyDigital Corporation...0 Kommentare 0 Geteilt 1KB Ansichten 0 Bewertungen
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FancyTech eyes expansion into Indonesia to drive global AI content growthGlobal artificial intelligence (AI) firm FancyTech is eyeing expansion into priority markets, especially Indonesia, following its B+ funding round. The firm said in a statement on Wednesday that the round is co-led by GSR Ventures and Zhilin Capital, with previous backers, including DCM, reaffirming their commitment to further develop FancyTech’s AI-driven content platform. The company...0 Kommentare 0 Geteilt 9KB Ansichten 0 Bewertungen
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Google Cloud expands AI-ready data center capacity in JakartaGoogle Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand. The firm said in a statement that this will empower more organizations in Indonesia with access to cloud-based enterprise AI capabilities to drive new competitive advantages, uplift workforce productivity, and enhance...0 Kommentare 0 Geteilt 8KB Ansichten 0 Bewertungen
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Grab Malaysia signs MoU with government agency MDEC to drive digitalization of MSMEsGrab Malaysia said Wednesday that it will collaborate with the Malaysia Digital Economy Corporation (MDEC) through this Memorandum of Understanding (MoU), as part of MDEC’s Business Digitalization Initiative to empower the digitalization of micro, small, and medium enterprises (MSMEs) in Malaysia. Grab Malaysia said it recognises the government’s holistic approach to fostering...0 Kommentare 0 Geteilt 9KB Ansichten 0 Bewertungen
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Grab Malaysia urges balanced, flexible rules in upcoming Gig Workers BillGrab Malaysia has called for a balanced, flexible rules in upcoming Gig Workers Bill in Malaysia. The firm said in a statement on Thursday that in line with previous feedback shared alongside industry players, it believes that the bill should be underpinned by three essential principles: flexibility, balance, innovation and collaboration. According to the statement, Grab supports regulations...0 Kommentare 0 Geteilt 3KB Ansichten 0 Bewertungen
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Grab raises full year earnings forecast as it announces 1Q resultsSoutheast Asia’s super app Grab Holdings Ltd announced Wednesday it is raising the company’s full year adjusted earnings before interest, taxes, depreciation, and amortisation (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenues. “We continued to drive profitable growth across the business, with Grab achieving another quarter of...0 Kommentare 0 Geteilt 9KB Ansichten 0 Bewertungen
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Indonesia’s GoTo secures $280M term loan facilityIndonesian technology giant PT GoTo Gojek Tokopedia Tbk. (GoTo) announced Thursday that it has entered into a new four-year term loan facility with a total size of Rp 4.65 trillion ($280 million). GoTo said in a statement the proceeds from the new facility will be used in part, to repay the amount outstanding under the company’s existing facility, which was agreed in November 2022, of...0 Kommentare 0 Geteilt 1KB Ansichten 0 Bewertungen
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