REGULATORS in the Asia Pacific (APAC) region are actively developing new laws to help banks and financial institutions better protect their customers. This is in line with efforts to emphasize data quality and granularity for better…
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Although much of the conversation of the Alibaba 11.11 Global Shopping Festival has been about the numbers – if you’re counting, it’s RMB268.4 billion (RM 158.9 billion) in gross merchandise volume (GMV) from 1.292 billion orders – Chris…
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JAKARTA: Indonesia aims to bring in a new law to protect personal data by next year as it follows in the footsteps of Southeast Asian neighbours such as Singapore and also the European Union, the country’s new communications minister told…
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SUBANG JAYA: Digi.Com Bhd, through unit Digi Telecommunications Sdn Bhd, and Malaysia Digital Economy Corp (MDEC) are facilitating more entrepreneurs, startups and developers gain access to try out next-generation 5G technology at…
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Malaysia Digital Economy Corporation (MDEC) has chosen a logistics start-up from Singapore as its cross-border eCommerce initiative partner to help drive Malaysia’s National eCommerce Strategic Roadmap (NESR). As MDEC’s partner, the firm…
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With the emergence of e-wallets, more and more businesses or services are opting to go cashless.Tolls around Malaysia have gone cashless, and recently, e-hailing app Grab has announced that they are implementing the cashless system in…
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In a bid to capture foreign markets, Malaysian banks are increasingly turning to launching a digital bank as a strategy. Hong Leong Bank announced recently that they have a launch a digital bank that they described as a next-generation,…
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SINGAPORE: Ron Sim, founder of one of Asia’s largest massage chair makers, is in talks to partner with a unit of Temasek Holdings Pte and other firms to bid for one of Singapore’s new virtual banking licences, according to people familiar…
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TOKYO: SoftBank’s Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a US$27 billion tech giant and help the Japanese conglomerate expand e-commerce and payments services. Yahoo Japan, which last month changed…
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The study pictures the developments of e-wallets or e-payment apps via vital app metrics such as Monthly Active Users (MAU) and total downloads in the past 8 quarters. As a well-connected society, Singapore’s effort in driving the adoption…
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KUALA LUMPUR, Malaysia needs to catch up in technology infrastructure by building up its talent pool through education, said Communications and Multimedia Minister Gobind Singh Deo. Gobind said infrastructure has no value if people do not…
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KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) has become the first foreign bank in the country to offer all-in-one digital payment terminals for merchants to integrate and accept all cards and e-payment transactions on a single…
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THE Malaysian games industry is poised to grow. For one, the government recently allocated RM20 million from the 2020 National Budget to the development of the digital content creation industry – a move that will hopefully spur the games…
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YOODO Gank – the official e-sports team for Yoodo –gave no quarter on the battlefield as it emerged the highest ranked Malaysian team at the recently concluded Player Unknown’s Battlegrounds (PUBG) Mobile Club Open (PMCO) Fall Split –…
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Pakistan has been ranked among the top 10 countries that showed the fastest growth in open-source coding around the world. An increasing amount of Pakistani developers have joined the GitHub community this year and are now some of the…
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SuperGaming, a Singapore-headquartered social gaming startup, announces that it has raised US$1.3 million seed funding from venture capital firm Dream Incubator, AET Fund (the venture arm of Akatsuki, the Tokyo-listed gaming and…
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UOB has launched a new mobile banking app, powered by artificial intelligence (AI). The move is aligned with the bank’s goal to help its customers manage finances in a more meaningful way. Dubbed Mighty Insights, the app can analyze…
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STANDARD Chartered Bank (StanChart) Malaysia Bhd has unveiled its first integrated café banking branch that transforms the space into a dynamic and multifaceted environment and social meeting place for visitors. The three-storey Kuala…
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From the recent Level Up Play event that happened during the weekend, there was a special PUBG Mobile presentation which was organized by the Malaysia Digital Economy Corporation (MDEC) at the Kuala Lumpur Convention Centre (KLCC).…
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SOUTHEAST ASIA has seen a surge in QR code-based payments over the past year or so. And while cross-border payments via QR codes are still rare it seems as though a partnership between Thailand and Singapore has broken new ground in…
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Singapore-based Smarten Spaces, closed a US$12M Series A investment round today. The investment was led by leading Asia investor Symphony International Holdings Limited (Symphony). Smarten Spaces platform looks to fill the gap with a…
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Alibaba Group, the Chinese multinational e-commerce giant, has claimed that its annual Singles’ Day (also known as 11/11 or Double Eleven) shopping sales for this year have gone well beyond $30 billion, a mark set during last year’s…
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KUALA LUMPUR — Malaysia’s push to create a cashless society has moved a step closer, with e-wallets gaining serious traction among working adults and millennials in major cities. The transition to e-money received a major push from the…
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Malaysia has joined a growing list of nations imposing capital controls on their people. Economic and geopolitical tensions are forcing governments to restrict the flow of money across their borders. As this is practically a form of…
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ALIBABA Group Holding Ltd last week launched this year’s 11.11 Global Shopping Festival warm-up event in Malaysia with a party and exclusive glimpse of a new Taobao store at MyTOWN Shopping Centre in Kuala Lumpur. Established via a…
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