Agreements Worth Over 1.35 Bln Saudi Riyals Signed On Day Two Of Biban 2024

KUALA LUMPUR, Nov 8 (Bernama) -- The second day of the Biban24 forum saw 20 agreements worth more than 1.35 billion Saudi riyals signed. (100 Saudi riyals = RM116.88)

Taobao Malaysia Simplifies International Shopping, From App Navigation To Doorstep Delivery

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 8 (Bernama) -- Taobao Malaysia is introducing a myriad of new service enhancements, making it easier than ever for Malaysians to shop across borders seamlessly. 

Southeast Asia's Digital Payment Growth A Game-changer For Consumers, Merchants - Ant International

SINGAPORE, Nov 6 (Bernama) -- The digital payment ecosystem in Southeast Asia is advancing rapidly, incorporating game-changing innovative approaches and creating unprecedented opportunities for both consumers and merchants, said international digital services company Ant International.

Wise Platform Partners Standard Chartered To Redefine International Payments Experience

KUALA LUMPUR, Nov 5 (Bernama) -- Wise announced its global payments infrastructure for banks, Wise Platform, has partnered with Standard Chartered to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

Funding Societies Secures 3rd HSBC facility, Surpassing RM436 Mln In Total Financing

KUALA LUMPUR, Nov 5 (Bernama) -- Funding Societies, Southeast Asia’s largest digital finance platform for micro, small and medium enterprises (MSMEs), has secured a third credit facility with HSBC under its ASEAN Growth Fund, raising its total credit facilities from HSBC to over US$100 million (RM436 million).

Wise Direct Connection To Philippines' InstaPay Enhances Real-time Transfers

KUALA LUMPUR, Nov 5 (Bernama) -- Global technology company, Wise, has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can also directly settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus.

Coordinated Efforts, Shared Learning Among OIC States Essential For Digital Transformation - Fahmi

ISTANBUL, Nov 4 (Bernama) — Malaysia believes that coordinated efforts and shared learning among the Organisation of Islamic Cooperation (OIC) member states are essential to drive the next wave of digital transformation, said Communications Minister Fahmi Fadzil.

OIC Member States Must Foster Collaboration On Financial Ecosystems, Strengthen Digital Payment - Fahmi

From Kisho Kumari Sucedaram

ISTANBUL, Nov 4 (Bernama) -- The Organisation of Islamic Cooperation (OIC) member states must prioritise the sharing of best practices and foster robust collaboration among Islamic nations to develop modern, efficient and inclusive financial ecosystems, effectively phasing out outdated traditional methods.

Fahmi Arrives In Turkiye For 3-day Working Visit, Represents Asia At COMCEC

From Kisho Kumari Sucedaram

ISTANBUL, Nov 3 (Bernama) -- Communications Minister Fahmi Fadzil has arrived for a three-day working visit to Turkiye and to attend the Organisation of Islamic Cooperation’s (OIC) 40th session of the Standing Committee for Economic and Commercial Cooperation (COMCEC).

IPG For Smallholders Not Activated In October -- MRB

KUALA LUMPUR, Nov 1 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) for cup lump and latex has not been activated for October 2024 in Peninsular Malaysia, Sabah dan Sarawak.

IATA To Offer Digital Currencies In Financial Settlement Systems

KUALA LUMPUR, Oct 29 (Bernama) -- The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry.

Cross Border Transactions Enhanced In Experimental Project -- BIS, Central Banks

KUALA LUMPUR, Oct 28 (Bernama) -- The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated with Project Mandala that regulatory compliance can be embedded in cross-border transaction protocols.