News
Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia
Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7).
Ride-hailing service GSM, local dealers to deploy 18,497 EV Vehicles in Philippines
GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.
Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO
Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector evolves, Malaysia Digital Economy Corporation (MDEC)'s chief executive officer Anuar Fariz Fadzil said Friday.
Foxconn to invest $407M in Singapore subsidiary for long-term purpose
Taiwan-based Hon Hai Precision Industry, also known as Foxconn, is set to conduct a capital injection of $407.2 million to its subsidiary Foxconn Singapore Pte. Ltd,, through the acquisition of common shares.
Australia’s NEXTDC launches $720M data center in Malaysia
NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with $720 million, establishing a strategic platform to support the rapid growth of artificial intelligence (AI), cloud computing and digital services across Southeast Asia.
Singapore Space & Technology think tank launches Singapore’s first space innovation lab
The Singapore Space & Technology Think Tank (SST Think Tank) has launched the Singapore Space Lab, the country’s first dedicated space innovation lab aimed at supporting the commercial adoption of space technologies across Southeast Asia.
Fasset raises $51M to expand stablecoin banking services in Asia, Americas, Africa
Fasset, a banking and investment platform headquartered in the United States, has raised $51 million in a Series B funding round as it expands its stablecoin-powered banking and financial infrastructure services across Asia, including Southeast Asia, and other emerging markets.
Korea’s LS Eco Energy to supply power cables for AI data center of Vietnam’s Viettel
LS Eco Energy, under South Korean chaebol LS Group, will supply power cables for a large-scale AI data center project in Vietnam developed by telecommunications giant Viettel Group
10th Huawei ICT competition APAC winners crowned at Asean headquarters
Teams from Malaysia, Indonesia, Thailand, Brunei, Japan, Laos, Timor-Leste, Hong Kong SAR (China), and Macao SAR (China) took home first, second, and third prizes across the four competition tracks. A total of 16 outstanding teams, including the Grand Prize winners, will represent the APAC region at the global finals in Shenzhen this June. They will compete…
Sea, OpenAI launch APAC AI Hackathon series, starting in Singapore in June
Singapore technology giant Sea Ltd and OpenAI will launch the Sea x OpenAI Codex Hackathon in Singapore on June 6, 2026, marking the start of a regional hackathon series across the Asia-Pacific region.
