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News

GXS Bank Posts Widest Loss Among Singapore Digital Banks

The Southeast Asian Gazette -
GXS Bank posted the largest loss among Singapore's digital banks in FY2025, even as its loan book grew more than threefold. Full breakdown of the numbers below.

Evolution DC Secures 50-Year Lease For USD508 Million Ho Chi Minh City Data Center

The Southeast Asian Gazette -
Ho Chi Minh City has approved a 50-year lease for a $508 million Evolution DC data center in Saigon Hi-Tech Park, backed by Singapore investors.

Singapore Police Force Issues New Anti-Scam Codes For Messaging And Social Platforms

The Southeast Asian Gazette -
Singapore's police force has issued new Codes of Practice requiring WhatsApp, Facebook, TikTok and other platforms to actively block scam activity, with most measures due by January 2027.

AFFIN Group And Baiduri Bank Sign Cross-Border Banking MoU

The Southeast Asian Gazette -
AFFIN Group and Baiduri Bank have signed an MoU to expand cross-border banking between Malaysia and Brunei, covering everything from trade finance to wealth management.

Asset World Corp Bets On Bangkok’s Global Event Calendar

The Southeast Asian Gazette -
Asset World Corp reports 30% higher on-the-books room revenue as Bangkok prepares to host the 2026 IMF-World Bank meetings.

Tencent Cloud Enters Malaysia With First Johor Cloud Region

The Southeast Asian Gazette -
Tencent Cloud has launched its first Malaysia cloud region, based in Johor, with up to three availability zones planned.

BNM Governor Ties AI Adoption To Boardroom Accountability

The Southeast Asian Gazette -
Bank Negara Malaysia says over 70% of financial firms have adopted AI. Governor Abdul Rasheed Ghaffour says the next test is accountability, not adoption.

Bank Indonesia Launches Domestic Credit Card KKI

The Southeast Asian Gazette -
Bank Indonesia has launched a domestic credit card that settles entirely through local payment infrastructure, bypassing international card networks for QRIS transactions.

Royal Caribbean Locks In Navigator Of The Seas As Singapore’s Year-Round Cruise Anchor

The Southeast Asian Gazette -
Royal Caribbean is turning Navigator of the Seas' Singapore season into a year-round fixture, extending the deployment through October 2027.

HD Hyundai Eco Vina Commits USD116M To New Tank Plant In Quang Ngai

The Southeast Asian Gazette -
HD Hyundai Eco Vina has broken ground on a $116M tank manufacturing plant in Quang Ngai, expanding its Vietnam industrial footprint.
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