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KUALA LUMPUR: Malaysia could become a world pioneer in Islamic financial technology (fintech) as the country is already a world leader in the Islamic finance sector.
HONG KONG (Reuters) - China's Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday, bringing the financial technology firm closer to a dual-listing expected to be worth up to US$30 billion.
KUALA LUMPUR: Government-backed investment company VentureTECH is targeting at least RM100mil of investments with the establishment of a joint-venture company via a partnership with SBI Ventures Malaysia Sdn Bhd, a subsidiary of Japan-based SBI Holdings Inc.
SINGAPORE, Sept 13 (Bloomberg): Singapore’s privacy regulator imposed a S$10,000 (US$7,311) penalty on ride-hailing company GrabCar Pte for a personal-data breach incident last year and raised the alarm on repeated violations by the unit of Grab Holdings Inc.
SINGAPORE: State-owned Temasek Holdings, one of the world’s biggest investors, has seen its net portfolio value fall 2.2% to S$306bil (US$224bil) in the year to March 2020, the first drop in four years.
SINGAPORE: Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties in the near term.