Bhd’s( AAG) BigPay bodes well for the latter and would give it a boost in its push into the region

technology or fintech unit of AirAsia Group Bhd. BigPay, a unit of AirAsia’s digital arm, offers a

BigPay make financial technology or fintech more accessible to its customers in the Philippines. Under

BigPay make financial technology or fintech more accessible to its customers in the Philippines. Under

market operators locally and abroad. AirAsia’s e-wallet unit BigPay has secured up to US$ 100mil in

KUALA LUMPUR: AirAsia Group Bhd is expected to complete its renounceable rights issue to its existing shareholders upon the listing of the redeemable convertible unsecured Islamic debt securities( RCUIDS) and warrants on Dec 31. The exercise raised RM 974. 5mil and provided a strong injection to support the overall group fundraising strategy, AirAsia said in a statement.“ After the most challenging two years in commercial aviation history, the end is finally within reach.... All of which signal

SINGAPORE: Southeast Asian ride-hailing-to-fintech group Grab and budget airline AirAsia were among more than a dozen bidders involving over 50 companies that are vying for digital banking licences in Malaysia, people familiar with the matter said. Others who submitted bids by Wednesday's deadline included telecoms operator Axiata and a consortium backed by Chinese tech firm Tencent, said the sources. They have been drawn in by relatively low financial entry barriers and the promise of a growing

KUALA LUMPUR AirAsia Group Bhd recorded a net loss of RM887mil in the third quarter ended Sept 30, 2021, compared to a net loss of RM851. 78mil in the previous corresponding quarter.... In a bourse filing, the group said it scaled up its business in superapp and Teleport, resulting in a widening of losses as a result of investment in technology, talent and network.... However, the lower airline revenue was cushioned by logistics arm Teleport's revenue, which tripled during the quarter and cont

KUALA LUMPUR: AirAsia Investment Ltd, the holding company for the airline group, has been officially renamed AirAsia Aviation Ltd as AirAsia expands its portfolio to become a digital travel and lifestyle services group.... With the rebranding, the group hopes to create a clear distinction between the airline and digital businesses.... “ The AirAsia Aviation Limited entity holds our existing airline investments and paves the way for new airline ventures to be formed in due course," said Bo Ling

KUALA LUMPUR: Low-cost carrier AirAsia Group Bhd is seeking an extension until Dec 31 this year to undertake a private placement involving up to 668.39 million shares.In a statement to Bursa Malaysia on Wednesday, it said it had submitted the application for an extension of time from Aug 2 to implement the corporate exercise. The low-cost carrier had on Jan 21, announced the private placement representing up to 20% of the existing shares of 3.34 billion shares as at Jan 18. Based on the indicati