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Mobile payment firms struggle to dethrone cash in South-East Asia

Bui Mai Phuong is an avid online shopper, ordering anything from clothing to personal-care products from her smartphone. But she prefers to pay with cash.

Singtel, Razer ink deal to unite regional payment networks

SINGTEL and video gaming company Razer have announced plans to link their digital payment systems in the region, under a strategic partnership inked on Wednesday.

Razer to wholly acquire MOL Global for RM238.35mil

Razer is set to wholly acquire MOL Global to create a virtual credits platform for gamers, as part of its push into the South-East Asian market.

Cashless shopping at 7-Eleven with MOL’s One2Pay e-wallet

For now the e-wallet is accepted at 7-Eleven stores in the Klang Valley, with the service expected to be made available at 2,218 stores across the country by Jan 17.

7-Eleven first Malaysian retailer to accept Alipay

KUALA LUMPUR: 7-Eleven Malaysia Bhd is the first retailer in Malaysia to accept the Alipay mobile wallet payment, and looks to attract more Chinese tourists to shop at the convenience store chain.

MDV plans to issue RM1bil sukuk in Q4

KUALA LUMPUR: Technology financier Malaysia Debt Ventures Bhd (MDV) plans to raise RM1bil via sukuk in the fourth quarter of this year in an effort to increase its lending ability including to start-ups.

MOL Global’s Nasdaq journey ends

KUALA LUMPUR: Malaysian e-payment platforms operator MOL Global Inc’s bumpy Nasdaq journey has come to an end after less than two years , with it allowing its American depositary shares (ADSs) to be delisted from the Nasdaq Global Select Market.

The Short Position

THE pieces seem to be falling in place for 1Malaysia Development Bhd’s (1MDB) debt woes. International Petroleum Investment Company (IPIC) and Aabar Investments will be pumping US$1bil into the fund under a binding agreement.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.