Philippines unveils $34.4B AI infrastructure masterplan targeting 1.5GW by 2033
The Philippines has finalized a $34.4 billion AI infrastructure roadmap targeting 1.5GW of AI data-center capacity by 2033, up from about 50MW today.
World Bank launches initiative to help local financial institutions expand digital payments in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and…
MAS says AI set to transform Singapore financial system
Artificial intelligence (AI) is set to become a foundational capability for financial institutions as technology advances rapidly, but stronger governance and cybersecurity…
More than a third of respondents say DEFA is highly important to their business – EU-ASEAN business council
More than a third of respondents (38 percent) say the ASEAN Digital Economy Framework Agreement (DEFA) is highly important to their business, while 50 percent rated it as…
George Kent, Extreme vision team up to distribute agentic AI soultions in Malaysia, ASEAN
George Kent (Malaysia) Berhad has announced its partnership with Shandong Extreme Vision Technology Co., Ltd. (Extreme Vision), an artificial intelligence (AI) technology company…
ASEAN Foundation expands AI-skills programme to train 1.7M students, teachers by 2028
The ASEAN Foundation has received endorsement of Southeast Asian education officials for an expanded program to equip more than 1.7 million students, teachers, and university…
Enterprise Singapore opens Boston office, signs Massachusetts trade partnership
Enterprise Singapore has opened an office in Boston, its fifth in the United States, to help Singapore companies expand on the U.S. East Coast, and has signed its first U.S.…
Belgium’s insurer Ageas completes $1.3B sale of Maybank insurance stake, exiting 25-year venture
Belgium's insurer Ageas has completed the sale of its 30.95 percent stake in Maybank Ageas Holdings, the Malaysian parent of insurer Etiqa, to its partner Maybank for about €1.1B…
VVMF wins TGA license for Sydney viral vector facility
Australia’s VVMF has secured a TGA manufacturing license for its Westmead facility to produce specified viral vectors under GMP standards.
Grab in talks to buy SoftBank-backed fintech firm Atome — report
Grab has been pursuing growth through both acquisitions and expansion of its existing businesses, according to the report. Earlier this year, Grab acquired US-based Stash…
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