malaysia

Tesco To Unload Thailand, Malaysia Assets In CP Group Deal
Tesco To Unload Thailand, Malaysia Assets In CP Group Deal
March 09, 2020  |  Retail

With an arrangement that values the business at $10.58 billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP...

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Malaysian Food Delivery Startup Dahmakan Raises $18M
Malaysian Food Delivery Startup Dahmakan Raises $18M
February 27, 2020  |  Investments

Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised $18 million in a Series B funding round, according to a...

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Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
Telecom Axiata Seeks Partnership For Malaysian Digital Banking License
February 21, 2020  |  Digital Banking

Axiata Group, a Malaysian telecom firm, has been in talks with as many as 11 different partners to bid for a digital banking license in...

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Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
February 18, 2020  |  eCommerce

Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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Top News In Payments: More Companies Ponder Malaysia Banking Application; Vodafone Bails On Libra
Top News In Payments: More Companies Ponder Malaysia Banking Application; Vodafone Bails On Libra
January 22, 2020  |  News

In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone...

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Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application
Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application
January 22, 2020  |  Digital Banking

Grab, Razer, AirAsia, Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan....

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Malaysia Promotes Cashless Society With eWallet Incentive Award
Malaysia Promotes Cashless Society With eWallet Incentive Award
January 20, 2020  |  International

 As Malaysia moves towards a cashless society, the government is offering an award payment of RM30 (about $7.37) under its e-Tunai Rakyat (people’s e-cash) program,...

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Malaysia Gov’t To Pay Citizens To Use Digital Payments
Malaysia Gov’t To Pay Citizens To Use Digital Payments
January 15, 2020  |  Digital Payments

Malaysia is launching a program on Wednesday (Jan. 15), according to reports, to give out 450 million ringgit (more than $110 million USD) to half...

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