News

Singapore Gulf Bank launches Stablecoin service for instant cross-border transactions

Singapore Gulf Bank (SGB) has launched a stablecoin minting and redemption service, allowing corporate and high-net-worth clients to convert between fiat currency and stablecoins directly from their bank accounts.

Vietnam-based Earth VC backs Sygaldry in $139M funding for quantum-AI infrastructure

Vietnam-based Earth Venture Capital, a climate tech venture capital firm focusing on decarbonization, has announced its participation in Sygaldry Technologies’ $139 million financing round, which includes both a $34 million seed round and a $105 million Series A.

Gulf Edge and Kore.ai partner on AI solutions in Thailand

Gulf Edge Co., the digital infrastructure arm of Thailand’s energy and infrastructure conglomerate Gulf Development Public Company Limited, and global artificial intelligence (AI) platform Kore.ai, have announced a strategic partnership to accelerate the development and adoption of AI-powered solutions tailored for the Thai market.

Tencent Cloud launches 2026 AI game development Hackathon at University of Hong Kong

Tencent Cloud, a leading cloud company, has launched its 2026 “AI CAN DO IT” Game Development Hackathon during the “Tencent AI Campus Tour” event held at the University of Hong Kong on April 16.

Business leaders, investors look to AI amid volatility – HSBC Survey

Artificial intelligence (AI) and technology are now among the leading drivers influencing international expansion and capital deployment strategies, HSBC recent survey showed.

Sovereign funds from China, Indonesia, Azerbaijan team up to launch $1B PE fund

China Investment Corporation (CIC), Indonesia Investment Authority (INA), and the State Oil Fund of the Republic of Azerbaijan (SOFAZ) have jointly established the $1 billion Galaxy Orientis China–ASEAN Investment Platform (CAIP), a sovereign-led private equity platform dedicated to capturing long-term investment opportunities across the China–ASEAN…

Meta expands Instagram teen safety controls, adds stricter content limits in Malaysia

Instagram is expanding its Teen Accounts in Malaysia with stricter age-based content controls, introducing a 13+ content standard inspired by movie ratings as well as a new “Limited Content” setting for parents seeking tighter supervision.

China tech self-sufficiency drive to boost semiconductor supply chain – S&P

China's acceleration of technology self-sufficiency goals under its latest five-year plan should see a flood of government support for domestic companies in this sector, and S&P Global Ratings believes tech hardware companies along the semiconductor supply chain will be key beneficiaries.

Vietnam plans $1.1B national AI development fund

Vietnam is planning to establish a national artificial intelligence (AI) development fund, with the State budget funding at least VND30,000 billion ($1.14 billion), according to the Ministry of Science and Technology's draft decree for the fund.

Singapore’s TechCoop secures $12M loan to support agricultural trade in Vietnam

Farmnet, the Vietnam-based trading arm of agricultural supply chain firm TechCoop, has received a $11.75 million senior secured loan from Symbiotics, a Geneva-based impact investment firm.