Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year period. The company intends to invest approximately USD 6.77 billion (MYR 30 billion) to...
Bank of Thailand Set to Allow Virtual Banks

Bank of Thailand Set to Allow Virtual Banks

The Bank of Thailand (BOT) recently issued a Consultation Paper on Virtual Bank Licensing Framework to introduce virtual banks as new financial service providers. The BOT expects that virtual banks would operate in a sustainable manner to ensure responsible...
Vietnam and South Korea to Open Technology Research Center

Vietnam and South Korea to Open Technology Research Center

The Vietnam-Korea Institute of Science and Technology (VKIST) was inaugurated on January 17 at the Hoa Lac Hi-tech Park in Hanoi. The VKIST is one of Vietnam’s largest research and development (R&D) centers which has been under construction since 2014 thanks to...
Mambu Enables Tyme Group to Boost Digital Banking in the Philippines

Mambu Enables Tyme Group to Boost Digital Banking in the Philippines

Newly launched Filipino bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based Tyme Group, which has...