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News

Alipay+ And Tourism Malaysia Aim To Move Tourist Spending Beyond Major Hubs

Asian Morning Standard -
Traveller spending through DuitNow via Alipay+ rose more than 60 percent in the first half of 2026. Ant International says Alipay+ is now the largest contributor to inbound QR transactions in Malaysia.

Google DeepMind And GovTech Bring Scam Detection Onto The Smartphone

Asian Morning Standard -
On-device AI may change how financial fraud is fought. GovTech and Google DeepMind’s model flags manipulation in real time without cloud processing.

Clean Max Signs Deal To Acquire Thailand’s Massmunch

Asian Morning Standard -
IFC has estimated that Thailand’s commercial and industrial solar market could triple over a 10-year period.

Police Join PLN Batam Inquiry Into Riau Islands Outage

Asian Morning Standard -
All affected substations and transmission lines were restored from Monday night, according to PLN Batam’s restoration update.

Ledger Says All Confirmed Drain Cases Trace To CryptoBilis Devices

Asian Morning Standard -
Hata CEO David Low has suggested bringing hardware wallet sellers under Malaysia’s digital asset custody framework following the CryptoBilis case.

Bank Of Thailand Taps Bank-Funded Guarantees To Share SME Lending Risk

Asian Morning Standard -
Thai SMEs carry a non-performing loan ratio of 9.5%, compared with roughly 2% for large corporates. The Bank of Thailand is introducing shared risk mechanisms to encourage more lending.

Malaysia Budget 2027 Names TNB RM15 Billion Grid Investment

Asian Morning Standard -
Tenaga Nasional Berhad reaffirmed support for Malaysia’s target of 70 percent renewable energy in installed generation capacity by 2050.

PLN Batam Points To Wild Animal At Sungai Harapan Substation

Asian Morning Standard -
Government buildings in Batam ran on generators during the October 12 outage as PT PLN Batam restored supply in stages.

Standard Chartered Targets Year-End Launch For Singapore Crypto Custody

Asian Morning Standard -
Standard Chartered’s new Singapore custody service is aimed at institutional clients, not retail investors, and remains subject to regulatory requirements.

Zetrix AI Books RM314 Million JPJ Arrears As A Balance Sheet Payable

Asian Morning Standard -
JPJ’s suspension of MyEG and Zetrix AI as collection agents affects road tax renewals, licence renewals and summons payments. Motorists can use JPJ counters, the MyJPJ app and the JPJ Public Portal.
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