News

Malaysia launches program to accelerate next generation of homegrown semiconductor firms

Malaysian Technology Development Corporation Sdn. Bhd. (MTDC) has on Wednesday officially launched SemiconStart Malaysia, a national semiconductor incubation program designed to support the growth of high-potential Malaysian and Malaysia-based semiconductor ventures in higher-value segments of the global semiconductor value chain.

Ant International opens Global Development Centre in Kuala Lumpur, backed by 1,500 fintech roles

Singapore-headquartered Ant International opened its Global Development Center (GDC) in Kuala Lumpur, located within Malaysia's international financial center TRX.

Philippines firms accelerate AI adoption, only 17% can recruit enough AI talent: Aon

As many as 72 percent of organizations in the Philippines have already deployed or are piloting artificial intelligence (AI), yet only 17 percent say they can recruit and retain enough AI-skilled talent.

90% of IT leaders see gaps in AI threat defense: Lenovo

As many as 90 percent of IT leaders acknowledge gaps in their ability to defend against AI-driven threats, according to the "Reinforcing the Modern Workplace global: How to Identify and Combat AI Threats" report conducted by technology giant Lenovo.

Malaysia’s fintech firm Ascertain Group expands to Indonesia, Oman, India

Ascertain, a Malaysian financial technology and payments ecosystem provider, is expanding into Indonesia, Oman, and India, in order to exporting its homegrown financial infrastructure. 

Thailand’s Amity Robotics raises $7M to expand AI concierge robots across Asia

Thailand-based Amity Robotics, a physical AI and robotics company building AI-powered experiences for the physical world, has closed a $7 million seed round combining equity and debt financing.

Singapore’s Acti raises $5.3M seed round to build AI-powered keyboard as personal context layer

Acti, a Singapore-based company describing itself as the world's first agentic keyboard, has raised $5.3 million in a seed round led by the United States-based BITKRAFT Ventures.

India’s Tata Communications to invest $152M in subsea cables linking India’s AI, Singapore

India's Tata Communications will make an strategic $152 million investment in subsea cable infrastructure to expand the India-Singapore digital corridor with an additional 98 terabits per second of AI-ready capacity,

NVIDIA aims to build Hanoi’s R&D center into world-class AI engineering hub

NVIDIA aims to develop its Vietnam Research and Development Center (VRDC) in Hanoi into a world-class AI engineering hub, contributing both to the company's global operations and to the innovation ecosystem in Vietnam and Southeast Asia.

Indonesia’s Nadiem Makarim, Gojek founder & former minister, found guilty of graft – report

An Indonesian court ⁠on Tuesday ruled that Nadiem ‌Makarim, Co-Founder of tech giant Gojek and a former education minister, was ​guilty of corruption and ⁠sentenced him to ⁠10 years in prison, Reuters reported. The verdict can still be appealed by either the prosecution or the defense, according to Jakarta Globe.id.