News

Singapore’s media professionals will be given support to develop microdrama expertise across live-action and artificial intelligence (AI)-animated formats, under a new IMDA-TikTok Microdrama Program jointly launched by the Infocomm Media Development Authority (IMDA) and TikTok Singapore.

Asia Vital Components (AVC), a Taiwanese maker of cooling systems for computers and AI servers, plans to invest about $500 million more in Vietnam and build a research-and-development center there.

Amazon Data Services Malaysia, a subsidiary of U.S.-based Amazon, will buy a plot of land in Malaysia's Selangor state to build a data center, paying MYR316.84 million ($75 million) in cash to local property developer Sunsuria.

Singapore's Temasek will open its first Middle East offices, in Riyadh and Abu Dhabi, and engage with institutions in Qatar.

Startups demonstrate stronger profitability, global reach and adoption of AI and data-driven technologies.

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.

DeepSeek and Huawei have developed open-source compute, communication and programming tools for Huawei's Ascend AI chips.

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

ThreatBook has acquired the open-source CyberStrikeAI penetration testing platform and plans an enterprise rollout across Asia-Pacific.

MBSB Research said on Tuesday that talent shortage will limit the earnings growth for Malaysia's technology sector.