Tuesday, June 28, 2022
Supply chain support and longer-term assistance are at the top of the wish list for UK manufacturing SMEs if they are to make the most of the post-pandemic recovery and the long-anticipated UK Shared Prosperity Fund. Over three quarters of the 335 firms questioned by the Manufacturing Growth Programme (MGP)...
Funding Societies has announced its Employee Stock Option Plan (ESOP) buyback for existing and former employees worth US$16 million (RM67 million). The ESOP buyback marks the fourth time this activity has been conducted by the FinTech platform. Prior, employees and company alumni have cashed out US$3.5 million (RM14.7 million)...
Singapore-based Nasdaq-listed Grab could face class action lawsuits, with several United States law firms calling for shareholders to contact them to investigate claims on their behalf. The mounting of such investigations, which is fairly commonplace for listed firms in the US, comes after Grab's shares crashed last week, falling about...
Malaysia is finally ready to fully reopen its international borders - which have remained close for about two years due to the Covid-19 pandemic - as it enters a transitional phase into endemicity from Apr 1. Announcing the reopening, Prime Minister Datuk Seri Ismail Sabri Yaakob said the decision to...
Singapore-based Emplifi, a unified customer experience platform, has announced that it is supporting non-government organisations (NGOs) providing aid to Ukraine, by providing free access to its Social Marketing Cloud. The initiative is intended to enable humanitarian organizations to better communicate with their audience and make it faster and easier to...
Singapore will impose “appropriate sanctions and restrictions” on Russia, its foreign minister said on Monday, including banking and financial measures and export controls on items that could be used as weapons against the people of Ukraine. The city-state, an Asian financial centre and key international shipping hub, complies with UN...
Singapore will expand quarantine-free travel to Hong Kong, Qatar, Saudi Arabia and the UAE this month, its health ministry said, resuming border reopening after a pause due to an outbreak of the coronavirus. The city state will also restore and increase quotas under its vaccinated travel programme, which had been...
Funding Societies, Southeast Asia’s largest SME digital financing platform, has raised US$144 million (RM605 million) in an oversubscribed Series C+ equity round led by Japanese venture capital fund SoftBank Vision Fund 2, with new investors Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3...
Local solar farm operator Gading Kencana Sdn Bhd is expanding into the Middle East and North Africa (Mena) region with the latest collaboration with March Global LLC of Saudi Arabia to develop solar farms valued at US$1 billion (RM4.2 billion). The memorandum of understanding (MoU) for the projects which was...
SME Corp Malaysia is strengthening bilateral relations related to the development of SMEs with two of its counterparts, namely the SMEs Development Agency of Oman and the Small Enterprise Development Fund of Yemen. The corporation will be signing MoUs with the two bodies for the purpose, as part of its...
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has become the first Merchant Acquirer to enable all three channels for PayNet's Real-time Payments Platform, DuitNow. The payment channels include DuitNow QR, Cross-Border QR payments, and DuitNow Online Banking/Wallets, which RMS has enabled for online e-commerce and offline...
Japan must boost aid to small firms which are seeking to raise wages as part of efforts to prop up spending on tourism, restaurants and other services hit by the COVID-19 pandemic, private-sector members of a key government panel said on Wednesday. A resurgence in infections led the government to...

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