News

Zetrix AI has confirmed it owes JPJ RM314 million in collections it did not remit between May and September 2026. The amount is now recorded as a payable on its balance sheet.

Wise has expanded in-app QR payments to more than 50 destinations, with Singapore and Malaysia customers among the first globally to get access.

Airwallex plans to double its Malaysia headcount in 2026 after processing more than RM2 billion in remittance volume in the country in 2025.

TNG Digital and Webull Malaysia have launched global share trading inside GOfinance, giving eligible TNG eWallet users access to US, Hong Kong and China A-share markets.

Thailand's Cabinet approved 1.26 trillion baht in new borrowing for fiscal 2027, including 200 billion baht for energy transition projects.

Indonesia's energy ministry is preparing East Kalimantan and South Sumatra as hubs for converting low-calorie coal into fuel blends.

Skyro has received a moneylender's licence from Malaysia's KPKT, clearing the way for online lending in its second Southeast Asian market after the Philippines.

Alpaca Securities Pte. Ltd. has received in-principle approval from MAS for a Capital Markets Services licence. Once fully licensed, the Singapore entity plans to offer brokerage and custodial services to financial institutions in Southeast Asia.

SP Group cuts Singapore's household electricity tariff by 10.4% for October to December 2026, reflecting lower natural gas prices.

Thailand's Oil Fuel Fund deficit stands near 92 billion baht and is widening by about 700 million baht daily.