Duc Dao

Singapore leads regional crypto activity at $284 billion despite overall decline: Chainalysis

Singapore was the largest cryptocurrency market in a region spanning Central and Southeast Asia and Oceania, with $284 billion in activity in the year to June, blockchain-analytics firm Chainalysis said.

Singapore’s Zeya Health acquires startup ConnectLah to build AI healthcare booking

Singapore's healthtech startup Zeya Health has acquired ConnectLah, a clinic-automation company, to expand its AI platform for booking medical appointments.

Malaysia’s wealth platform Cashku to offer Kenanga Investors funds with no sales charge from MYR10

Malaysia's Cashku, a digital wealth platform, has partnered with fund manager Kenanga Investors to offer a selection of investment funds with no sales charge and a minimum investment of MYR10 ($2.40)

Indonesia’s West Java asks Singapore’s BDx to halt data center 1 week after groundbreaking

Indonesia's West Java province has ordered Singapore's BDx Data Centers to halt construction of a 640-MW AI data-center campus, just over a week after its groundbreaking.

Japan’s TOPPAN, US’ Broadcom open Singapore’s first high-end AI-chip substrate plant

A joint venture between Japan's TOPPAN and U.S. chipmaker Broadcom opened Singapore's first plant for high-end FC-BGA chip substrates on Tuesday, a component in short supply as demand for AI processors surges.

South Korea’s LS Eco Energy to invest $8M in Vietnam rare-earth samarium plant

LS Eco Energy, under South Korean chaebol LS Group, will establish a subsidiary in Vietnam to produce rare-earth samarium metal for defense and high-tech uses.

Singapore-based Ant International’s Antom to distribute Google’s AI Plus subscriptions in Asia

Ant International's payments arm Antom will distribute Google's AI Plus subscription service across Asia through digital-payment and e-commerce networks, starting in Indonesia.

MDEC CEO to step down after 2 years

Anuar Fariz Fadzil, CEO of Malaysia's state agency Malaysia Digital Economy Corporation (MDEC), will step down when his two-year contract ends on October 2, after a tenure of drawing MYR180 billion ($44 billion) in digital investment.

VPBank, JBIC sign $27M green loan for southern Vietnam power transmission line

Vietnam's private bank VPBank has signed a $27 million loan with Japanese banks to help build a high-voltage power-transmission line in southern Vietnam, part of efforts to move more renewable electricity onto the national grid.

EHang-backed Hanoi sandbox to test pilotless aircraft taxi

Hanoi's Department of Science and Technology and Vietnam-based HungViet have signed an agreement to pursue a controlled regulatory sandbox for EHang's pilotless EH216-S electric vertical take-off and landing aircraft (taxiing, flying taxi) at Hoa Lac High-Tech Park.