Author: TechNode Global Staff

AI supercycle reshapes global tech landscape, but rising memory constraints and geopolitical risks cloud outlook, say analysts

The global technology and semiconductor industry is entering a structurally stronger but increasingly uneven growth phase, driven by artificial intelligence (AI), high-performance computing (HPC) and next-generation connectivity. However, analysts warn that intensifying memory shortages, rising input costs and geopolitical tensions are beginning to distort…

South Korea pilots AI smart city projects in Southeast Asia

South Korea will launch pilot projects testing artificial intelligence (AI)-based smart city technologies across five Southeast Asian countries, as part of efforts to address urban challenges while supporting the overseas expansion of domestic firms, Korean media reported on Monday.

Vertex appoints Temasek’s CEO Dilhan Pillay Sandrasegara as Chairman

Singapore-based venture capital firm Vertex Holdings has announced the appointment of Dilhan Pillay Sandrasegara, Executive Director and Chief Executive Officer of Temasek Holdings, as Chairman of the Board with effect from April 15.

IMDA ramps up support for fresh graduates pursuing tech careers in Singapore

Singapore's Senior Minister of State for Digital Development and Information, and Health Tan Kiat How has announced that the Infocomm Media Development Authority (IMDA) will expand TIP Alliance1 to include local information and digital technology (IDT) university graduates.

ADB launches $6B initiative and institutional support to deepen ASEAN capital markets

The Asian Development Bank (ADB) has announced plans to mobilize up to $6 billion by 2030 and provide institutional support to capital market regulators in Southeast Asia to accelerate the development of the region’s capital markets and strengthen its long-term financial resilience against external shocks.

OSK Ventures International exits from Alternatives.pe via strategic acquisition by Uzabase

Malaysia-based venture capital firm OSK Ventures International Berhad (OSKVI) has successfully exited its investment in Alternatives.pe through its fund OSK Ventures ET Fund II Ltd.P. (OSKVETF2), following the acquisition of Alternatives.pe by Japan-listed business intelligence firm Uzabase, Inc.

Malaysia rolls out $1.3B financing push to drive SMEs into green, high-tech sectors

Malaysia’s Entrepreneur and Cooperatives Development Ministry is rolling out up to MYR 5 billion ($1.3 billion) in low-cost financing to support small and medium enterprises (SMEs) in scaling up and transitioning into higher value activities, national news agency Bernama reported on Thursday.

Malaysia steps up chip push with MyChipStart to develop local IC design firms

The Malaysian government is stepping up efforts to move Malaysia further up the semiconductor value chain through the MyChipStart program, which aims to develop local integrated circuit (IC) design companies, national news agency Bernama reported Friday.

Smart Axiata secures $50M extended financing from Maybank to advance digital and 5G infrastructure development in Cambodia

Maybank Cambodia has extended a $50 million financing facility to Smart Axiata, a subsidiary of Malaysian-headquartered Axiata Group Berhad, to accelerate the strategic development of Cambodia’s digital and telecommunications infrastructure, including 5G connectivity across the country.

AI set to widen Asia growth gap as readiness divides deepen – ADB

Generative artificial intelligence (AI) could significantly reshape economies and labor markets across Asia and the Pacific, but widening disparities in readiness mean advanced economies are likely to capture most early gains, according to a report by the Asian Development Bank (ADB) on Friday.