Ping An’s Fintech Subsidiary Commences Operations in Indonesia

OneConnect, a subsidiary of China-based Ping An insurance group commenced operations in Indonesia on 20 February. OneConnect is a Fintech SaaS provider of advanced technology-enabled business solutions to small and medium-sized financial institutions.  OneConnect has...

PT Royal Express Indonesia and Weyland Tech Inc. Launch Pilot Program

Weyland Tech Inc. and ‘Last-Mile’ Delivery Partner, PT Royal Express Indonesia (“REX”) announces update on its strategic partnership. The companies are implementing a pilot program which will launch 1 March 2019. In December 2018, the company signed an agreement with...

Maxis and Huawei Collaborating on 5G Trial in Malaysia

Malaysian telco, Maxis, signed a Memorandum of Understanding (MoU) with Huawei on 25 February to accelerate 5G technology in Malaysia. The MoU is about the two companies cooperating on a full 5G trial with end-to-end systems and services, was inked during the 2019...

Malaysia to Regulate ICOs, Cryptocurrency Trade

Malaysia is set to regulate crypto transactions such as Initial Coin Offerings (ICOs) and other cryptocurrency trades. The Securities Commission Malaysia (SC) amended its Guidelines on Recognized Markets on 31 January, 2019 to introduce new requirements for electronic...