Indonesia’s Expansion in North Sumatra Basin
Indonesia is poised to expand its oil and gas exploration efforts in the North Sumatra basin following a significant discovery by Mubadala Energy, as the country aims to ramp up…
Paytm, India’s fintech leader, falters amid scrutiny, raising industry worries.
New Delhi, India – In the aftermath of India’s demonetisation on November 8, 2016, which saw the withdrawal of high-value currency notes from circulation, Paytm seized the moment with a…
China’s Securities Watchdog Engages Market Participants to Restore Market Confidence
In Beijing and Shanghai, China‘s securities watchdog convened a series of seminars on Sunday and Monday, engaging with various market participants to explore strategies aimed at enhancing scrutiny of company…
Encouragement for EV makers to choose Malaysia as their ASEAN hub.
Investment Minister Tengku Zafrul Abdul Aziz Highlights Opportunities in ASEAN’s Growing EV Market Petaling Jaya, 20th Feb 2024: Investment, trade, and industry minister Tengku Zafrul Abdul Aziz has urged electric…
India’s disgruntled farmers demand a better agreement.
The ongoing farmers’ protest in India has once again captured global attention as tensions rise between agricultural workers and the government. What started as opposition to agricultural laws has evolved…
Singapore-based financial technology company Xalts has acquired the digital trade platform, Contour Network.
In a surprising move that signals the growing clout of fintech startups on the global stage, Singapore-based Xalts has announced its acquisition of the digital trade platform Contour, originally established…
China Introduces Fresh Initiatives to Stimulate Real Estate Sector
In a bold move to invigorate the economy and spark a revival in the property market, China announced a significant reduction in its benchmark mortgage reference rate on February 20.…
ANZ Moves Forward with US$3.2 Billion Suncorp Acquisition Following Tribunal Victory
On February 20th, ANZ Group Holdings Ltd achieved a significant legal victory, overturning the Australian Competition and Consumer Commission’s (ACCC) previous decision to block its A$4.9 billion (US$3.2 billion) bid…
Sarawak to Evolve Into a Formidable Economic Hub
PETALING JAYA: According to a recent analysis by RHB Research, Sarawak is on the brink of an economic transformation that promises to elevate it to the status of an economic…
Techtaka Secures $9.5 Million Funding for Its E-commerce Fulfillment Service
Techtaka has emerged as a beacon of innovation in the e-commerce logistics sphere, having secured a substantial $9.5 million in Series B funding, led by Altos Ventures. This pivotal financial…
Global Stocks Stagnate Amid Inflation Concerns and Modest Gains in China
On Monday, global stock markets experienced a sluggish start, hampered by diminishing prospects for early interest rate cuts and only slight advancements in Chinese markets as they reopened post-Lunar New…
Public Bank’s subsidiary purchases RHB Securities Vietnam for RM73 million
In a significant move within the banking sector, Public Bank Bhd’s subsidiary, Public Bank Vietnam Ltd (PBVN), announced its acquisition of RHB Securities Vietnam Co Ltd. This RM72.55 million deal…
Asian Equities Stall as China’s Market Reopening Fails to Ignite Momentum
On February 19th, the Asian stock market exhibited a lackluster performance, underscored by a cautious investor sentiment due to diminishing prospects of early interest rate cuts on a global scale.…
Masayoshi Son’s Ambitious $100 Billion AI Chip Venture
Masayoshi Son, the founder of SoftBank Group Corp, is reportedly in talks to raise as much as US$100 billion for a groundbreaking chip venture codenamed Izanagi. This venture is poised…
Malaysian pension fund injects a huge $21 million into burgeoning local startup ecosystem
Empowering Local Innovation Through Strategic Investments Introduction Kumpulan Wang Persaraan (KWAP), the statutory body responsible for managing Malaysia’s public employee pension scheme, has embarked on a bold initiative to invigorate…
Singapore has unveiled significant investment in AI technology.
Investment of S$1 billion over Five Years Marks Bold Move Singapore, renowned for its forward-thinking approach and innovation-driven policies, has taken a monumental stride towards solidifying its position as a…
Economic expansion aligns with the growth trajectory of fellow ASEAN countries
KUALA LUMPUR – The Department of Statistics Malaysia (DoSM) reported that Malaysia’s gross domestic product (GDP) growth for the year 2023 mirrors the moderate growth trend observed in other ASEAN…
BBK Group from China collaborates with Indian companies for better smartphone manufacturing.
February 19, 2024 In a strategic move indicative of shifting dynamics in the global smartphone market, BBK Group, China’s leading mobile phone manufacturer, has initiated collaboration with Indian manufacturers Dixon…
China’s domestically produced C919 passenger aircraft makes its official international debut in Singapore.
Singapore – February 19, 2024 In a significant milestone for China’s aerospace industry, the Commercial Aircraft Corporation of China (COMAC) has showcased its narrow-body C919 passenger jet outside Chinese borders…
Google, Microsoft, and OpenAI’s Bold Pledges to Combat AI Threats
Twenty of the world’s leading technology firms have united under a common cause. At the heart of their mission is a commitment to counteract the potential for AI-generated content to…