Malaysia Budget 2020 is FinTech-friendly

Malaysia Budget 2020

A virtual banking framework will be ready for public consultation by the end of this year and applications will be open by the first half of 2020. The new budget also suggests that the government is receptive towards alternative financings like Equity Crowdfunding (ECF) and P2P Financing.

HK Continues to Attract Tech Firms

InvestHK announced the results of two government surveys which showed continued increases in the numbers of overseas and Mainland companies and start-ups particularly in ICT.