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🇨🇳China

Policy·16h ago

EPA extends renewable fuel standard compliance deadline for refiners

The Environmental Protection Agency (EPA) has announced an extension to the September 1 deadline for oil refiners to comply with national biofuel blending laws. This decision aims to provide the industry with greater flexibility as it navigates elevated compliance costs associated with these regulations. The extension could alleviate some financial pressure on refiners, allowing them more time to demonstrate adherence to the biofuel mandates. This move is a direct response to the challenges faced by the refining sector in meeting the current compliance requirements. The EPA's action reflects an understanding of the economic pressures impacting the industry.

via ReutersRead →

🇸🇬Singapore

Policy·21h ago

GXS Bank Posts Heaviest Loss, Even As Loan Book Grew Three Times

🇸🇬Singapore

Policy·21h ago

RoamQR Wallet Users Can Now Pay With QR Codes in Brazil

🇨🇳China

Policy·1d ago

China clears Geely for landmark satellite IoT test to spur commercial space sector

China has granted its first private-sector commercial trial permit for satellite Internet of Things (IoT) services to a venture backed by automaker Geely. This move signifies a broader effort by Beijing to open up the country’s rapidly expanding satellite communications market to private investment. The approval allows Geely’s venture to conduct a landmark test, potentially accelerating the development and deployment of commercial space applications within China. This initiative is expected to spur innovation and competition in a sector traditionally dominated by state-owned enterprises, aligning with China’s strategic goals for technological self-reliance and leadership in space. The trial could pave the way for a new era of satellite-enabled services across various industries.

via SCMPRead →

🇸🇬Singapore

Policy·1d ago

China Tourists Can Now Use Weixin Pay Across Cambodia

Chinese tourists visiting Cambodia can now seamlessly use Weixin Pay for transactions by scanning KHQR codes across the country. This new cross-border payment service was officially launched in Phnom Penh by the National Bank of Cambodia and Weixin Pay, a move that integrates Weixin Pay (also known as WeChat Pay) into Cambodia’s unified KHQR acceptance network. The initiative aims to provide a familiar and secure payment experience for Chinese visitors, eliminating the need for currency exchange or physical cash. It also benefits Cambodian businesses, from large hospitality operators to micro, small, and medium enterprises, by expanding their access to a broader international customer base without significant operational costs.

via Fintech News SingaporeRead →

🇸🇬Singapore

Policy·1d ago

Singapore Police Disrupt Over 30,000 iMessage Accounts as Scam Losses Hit S$2.2 Million

The Singapore Police Force has disrupted over 30,000 Apple iMessage accounts since June 2026, which were linked to scams that have resulted in an estimated S$2.2 million in losses. These scams often impersonate courier companies like Ninja Van and J&T Express, as well as government agencies and financial institutions. The fraudulent messages, typically from overseas numbers or email addresses, claim delivery issues or unpaid fines and direct recipients to fake websites. These sites then prompt victims to make small payments, collecting their card or online banking details, which scammers use for unauthorized transactions. Unlike SMS, iMessage is not covered by Singapore’s existing network-level scam filters, making users more vulnerable.

via Fintech News SingaporeRead →

🇮🇳India

Policy·1d ago

People Counting System Market to Witness 12.3% CAGR Through 2035 as Digital Monitoring Advances

The global people counting system market is projected to experience significant growth, with a compound annual growth rate (CAGR) of 12.3% through 2035. This expansion is largely driven by advancements in digital monitoring technologies and the increasing demand for data-driven insights across various sectors. These systems, which utilize sensors and AI to track foot traffic, are becoming critical tools for optimizing operations, enhancing security, and understanding consumer behavior. The growth reflects a broader trend towards smart infrastructure and data analytics in urban planning and commercial environments. This sustained growth indicates a strong market appetite for solutions that provide granular insights into human movement patterns.

via IndiamorningtimesRead →

🇻🇳Vietnam

Policy·1d ago

Vietnam, Guinea seek to boost investment cooperation

Vietnam and Guinea are strengthening their economic ties through a new Memorandum of Understanding (MOU) aimed at boosting investment cooperation. The agreement, signed by Vietnam’s Ministry of Finance and Guinea’s Minister of Planning, International Cooperation and Development, seeks to formalize collaboration, enhance institutional capacity, and facilitate knowledge sharing in areas like planning and development. This initiative underscores Vietnam’s broader strategy to forge stronger relationships with African nations, aligning with its goals for sustainable development and market expansion. The move follows recent high-level diplomatic efforts, including the Prime Minister’s trip to the Middle East and Africa, which laid strategic foundations for broader market engagement. Africa is increasingly seen as a promising market for Vietnamese exports, including rice.

via Vietnam+Read →

🇨🇳China

Policy·1d ago

Lianlian DigiTech Reports Strong H1 2026 Results

Lianlian DigiTech, a prominent AI-driven digital payment service provider based in China, announced strong interim results for the first half of 2026. The company reported a 25.9% year-over-year increase in Total Transaction Payment Volume (TPV) for global payments, reaching RMB 249.9 billion, with total revenue growing 11.9% to RMB 875.6 million. Adjusted operating profit more than doubled, surging 147.3% to RMB 156 million, driven by its "AI-Native + Globalization" strategy. Lianlian DigiTech also expanded its global regulatory footprint, securing 68 payment licenses and qualifications, including new licenses in Canada and Dubai, as it continues to integrate AI into its operations and expand its ecosystem partnerships.

via Pr Newswire ApacRead →

🇵🇭Philippines

Policy·1d ago

DICT seeks jurisdiction over online platforms for content regulation

The Department of Information and Communications Technology (DICT) in the Philippines is advocating for its anti-cybercrime division to gain jurisdiction over online platforms. This move aims to enhance the government’s ability to regulate and remove violent content, particularly in response to a recent livestreamed shooting incident in Zamboanga. DICT Cybercrime Investigation and Coordinating Center Executive Director Renato A. Paraiso highlighted the current limitations in effectively taking down harmful social media content. Granting this jurisdiction would empower the DICT to more swiftly address and mitigate the spread of dangerous material online, reinforcing national efforts to ensure digital safety and accountability. The proposal signals a growing governmental focus on content moderation and platform responsibility within the digital sphere.

via Businessworld OnlineRead →

🇮🇳India

Policy·1d ago

Flipkart Co-Founder Sachin Bansal’s Navi Raises US$100 Million From Prosus

Indian fintech company Navi, co-founded by Flipkart’s Sachin Bansal, has successfully raised US$100 million in its first institutional funding round from Prosus. This significant investment is currently pending customary closing conditions and regulatory approvals, including clearance from the Competition Commission of India. Bengaluru-based Navi offers a comprehensive suite of digital financial services, encompassing payments, loans, insurance, and mutual funds, delivered both directly and through strategic partnerships. The funding underscores Prosus’s confidence in Navi’s growth trajectory, particularly given its strong performance in a challenging macroeconomic environment and its position as India’s fourth-largest UPI app during the last financial year.

via Fintech News SingaporeRead →

🇨🇳China

Policy·2d ago

Armed with funding boost, SpaceSail accelerates China’s push to rival Elon Musk’s Starlink

SpaceSail, a Chinese startup, has secured approximately 7 billion yuan (US$1 billion) in a record funding round for China’s satellite internet sector. This significant investment is earmarked to accelerate the development of a low-Earth-orbit (LEO) network. The ambitious project is explicitly designed to compete with Elon Musk’s Starlink, signaling China’s intensified push into the global satellite internet market. This funding boost positions SpaceSail as a key player in the nation's strategy to establish a robust domestic LEO constellation. The move underscores China’s commitment to achieving self-reliance and global competitiveness in advanced space technologies.

via SCMPRead →

🇮🇳India

Policy·2d ago

North Bengal Tour Operators Apprehend Sikkim Govt's AI-Based Online Permit System May Hit Region's Tourism

Tour operators in North Bengal are expressing concern over the Sikkim government's new AI-based online permit system, fearing it could negatively impact tourism in their region. The Sikkim government is implementing this AI-powered system to enhance tourist safety and streamline the permit process. However, operators in neighboring areas worry that the digital shift might divert tourist traffic or create new logistical challenges for their businesses, which often serve as gateways to Sikkim. This move highlights a growing trend of governments leveraging AI for administrative functions, even as it sometimes creates friction with established regional economies. The long-term impact on cross-border tourism dynamics between North Bengal and Sikkim remains to be seen.

via Etv BharatRead →

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