The deal marks Sunway Berhad's foray into financial technology (fintech) space. 

The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia.

The digital adoption rate of SMEs in Malaysia remains low and its e-commerce industry is still in its infancy.

The post Malaysia’s ambition to become a digital economy hub still at the halfway mark appeared first on DealStreetAsia.

The 2022 target is a part of the fund's diversification strategy of its asset classes.

The post Malaysia’s PNB seeks to raise global exposure to 30% by 2022 appeared first on DealStreetAsia.

INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.

The post Japanese PE investor INCJ mulls stake sale in Axiata tower arm appeared first on DealStreetAsia.

HC Surgical will enter into a separate agreement to buy the remaining stake in GMHES at a later stage.

The post SE Asia Digest: Gojek completes Moka deal; HC Surgical to pick 51% in GMH appeared first on DealStreetAsia.

The purchase price values Permata at 1.63 times its book value as of March 31, down from 1.77.

The post StanChart, Astra agree to reduced sale price for stake in Bank Permata appeared first on DealStreetAsia.

RedDoorz said it was unable to fulfil its commitments on its contracts due to COVID-19 outbreak

The post [Updated] Hotel operator RedDoorz declares force majeure in Indonesia appeared first on DealStreetAsia.

Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule.

The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia.

Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business.

The post Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure appeared first on DealStreetAsia.

The plan does not so far include insurers Jiwasraya and Asabri that have been rocked by management scandals.

The post Indonesia seeks to shore up public trust with insurer consolidation appeared first on DealStreetAsia.

Small companies account for more than half of Indonesia's gross domestic product and provide many jobs in the country of more than 260 million people.

The post Indonesia to subsidise interest payments for virus-hit smaller firms appeared first on DealStreetAsia.

A hacker has offered the details of its 91 million users for "$5,000 on the Darknet".

The post Tokopedia says investigating alleged data leak of 91m users appeared first on DealStreetAsia.

BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group.

The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia.

MNC as well as Link Net’s shareholders could not reach an agreement by the end of April 2020.

The post Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net appeared first on DealStreetAsia.

The decision to completely shut down its operations comes after significant downsizing by the company.

The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia.

Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI).

The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm appeared first on DealStreetAsia.

​​Of the 34, 11 hail from Begusarai, seven each from Saharsa and Madhepura, five, including a woman, from Rohtas, two from Darbhanga and one each from Khagaria and Araria districts.

"Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source.

These five cities are important to contain the spread of the coronavirus and help India flatten the curve. The respective state governments should strengthen containment strategies and undertake rigourous testing and contact tracing to bring the situation under control.

The labourers, rendered jobless due to the coronavirus-enforced lockdown, had set off for their homes on foot along the rail tracks apparently to escape police attention. Sixteen migrant workers sleeping on rail tracks while returning to Madhya Pradesh were crushed to death by a goods train in Aurangabad district of Maharashtra in the early hours of Friday.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

"I don't think a lot of rules and regulations will be changed, you can probably have an alternate for the usage of saliva - apart from that I don't think so many changes will happen," Gambhir told Star Sports.

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.

Rijiju had already said that his ministry was devising a plan for a phased resumption of national camps for Olympic-bound athletes, starting with the athletes currently based at NIS Patiala and SAI Centre in Bengaluru by the end of this month.

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Fernando Alonso sent the assembled hordes of Tifosi delirious by taking pole position for the Italian Grand Prix

Lewis Hamilton said that opting to run without the F-duct was probably the wrong decision after the championship leader qualified only sixth fastest for the Italian Grand Prix

Felipe Massa admitted he made a mistake with tyre strategy during qualifying for the Italian Grand Prix but is expecting to be competitive in Sunday's race

Both Mercedes drivers said that their respective grid positions were the best they could have accomplished under the circumstances

Fernando Alonso sent the Tifosi wild by winning the Italian Grand Prix from Jenson Button and team-mate Felipe Massa after taking the lead from the McLaren in the pit stops

Jenson Button said that second place at the Italian Grand Prix was a 'great result' although the McLaren driver led for the majority of the race

Lewis Hamilton admitted he tried to do too much at the start of the Italian Grand Prix after a collision with Felipe Massa forced his retirement on the opening lap

Ferrari's Felipe Massa believes second place would have been within his grasps at the Italian Grand Prix had it not been for a slow pit stop

Ferrari insists it is right back at the centre of the championship fight after Fernando Alonso's victory at the Italian Grand Prix

Jenson Button is expecting to have a strong race at the Brazilian Grand Prix this weekend, but is hoping for rain on Saturday to mix up the qualifying order

Lewis Hamilton admitted that his McLaren still needs a little more downforce after he finished fourth fastest behind the Red Bulls and Fernando Alonso's Ferrari in Friday free practice

Robert Kubica made the most of a drying circuit to top the timesheets during the final practice session for the Brazilian Grand Prix

Jenson Button blamed a poor balance in his McLaren for failing to make the final session of qualifying at the Brazilian Grand Prix and lining up 11th for Sunday's race

Sebastian Vettel led home team-mate Mark Webber for a Red Bull 1-2 as their team wrapped up the constructers' championship at the Brazilian Grand Prix

Sebastian Vettel was almost lost for words after winning the Brazilian Grand Prix and helping his Red Bull team clinch its first constructors' title after he lead home team-mate mark Webber for a dominant 1-2

Mark Webber said he was 'stoked' for everybody involved with the Red Bull Racing team after his second place behind team-mate Sebastian Vettel helped the team seal its first constructors' title

Fernando Alonso said he is "extremely happy" to head to the final round of the championship in the lead of the drivers' championship after finishing third at the Brazilian Grand Prix

Lewis Hamilton admitted that his title chances were now all but over after he could only manage to finish fourth behind his main title rivals at the Brazilian Grand Prix

Jenson Button said he was happy with how things had gone during his first season with McLaren although he saw his title defence end with fifth place in Brazil

Jenson Button admitted he had no excuse for qualifying 0.4 seconds off his McLaren team-mate Lewis Hamilton at the Canadian Grand Prix

Lewis Hamilton has kept his pole position after a post-qualifying stewards investigation in Montreal

Lewis Hamilton led home Jenson Button for a McLaren 1-2 after the team got its strategy spot on in Montreal

Jenson Button said he was happy to finish second in the Canadian Grand Prix as team-mate Lewis Hamilton stormed to victory

Lewis Hamilton said it had been a 'fantastic' weekend after the McLaren man took victory in the Canadian Grand Prix to lead the drivers' standings