News
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.
ST Telemedia Global Data Centers and SuperX debut AI Innovation Center in Singapore
ST Telemedia Global Data Centers (STT GDC), a Singapore-based data center colocation provider, and SuperX AI Technology Limited, an emerging artificial intelligence (AI) data center infrastructure solutions provider, have announced the launch of an AI Innovation Center in Singapore following the signing of a memorandum of understanding between the parties…
Foxconn to pour $58M more in Vietnam subsidiary for long-term investment
Foxconn, also known as Hon Hai Precision Industry, will invest $58.3 million more in its Vietnamese subsidiary Fushan Technology (Vietnam), according to a filing of the Taiwanese electronic giant sent to the Taiwan Stock Exchange (TWSE) on Wednesday.
AEON360, Google Cloud partner on AI-driven retail ecosystem in Southeast Asia
AEON360, a personalized retail service, and AI-powered cloud platform Google Cloud will jointly develop a “continuous commerce” experience across AEON’s retail, finance, and lifestyle services in Southeast Asia, Google Cloud said in a release on Thursday.
Asia’s AI ambitions hampered by infrastructure and talent gaps – STT GDC
Asia’s artificial intelligence (AI) ambitions are hampered by infrastructure and talent gaps, Singapore-based ST Telemedia Global Data Centers (STT GDC) said Wednesday.
