News

True IDC invests $182M in its 7th data center in Northern Bangkok

True Internet Data Center, or True IDC, the largest data center and cloud service provider in Thailand under the Charoen Pokphand Group, has announced a continuous investment of over 6 billion baht ($182.11 million) and held a groundbreaking ceremony for its 7th data center in Northern Bangkok.

Temasek appoints Wendy Koh as Chief Financial Officer

Temasek has on Friday announced the appointment of Wendy Koh as Chief Financial Officer (CFO)-designate with effect from August 1, 2026.

Philippines’ DICT, Google Cloud expand AI and cybersecurity partnership

Philippines’ DICT and Google Cloud have expanded their collaboration to bring enterprise AI tools, cybersecurity capabilities, and connectivity initiatives into public-sector digital transformation efforts.

Philippines’ LTFRB adds Maya as digital channel for fuel subsidy payouts

LTFRB has partnered with Maya to support digital fuel subsidy disbursements for eligible PUV drivers and operators in the Philippines.

AWS launches first Local Zone in Vietnam with single-digit millisecond latency in Hanoi

Amazon Web Services (AWS) has launched its first Local Zone in Vietnam, located in Hanoi, bringing AWS-managed cloud infrastructure to organizations across healthcare, finance, gaming, and other sectors operating in the country.

Foreign capital pushes Vietnamese startups to set up abroad, Vietnam risking tax, asset losses

An imbalance in capital sources, with foreign capital dominating Vietnam's startup market, is pushing startups toward establishing holding companies overseas to more easily receive funding, said Bui Thanh Do, Founder and CEO of ThinkZone Ventures.

Fintech firm Longbridge opens new Singapore headquarters

Fintech firm Longbridge on Friday inaugurated its new Singapore office, reinforcing Singapore as its headquarters and regional base.

NewGen increases K25.ai ownership to 10 percent in closed pre-A round

NewGenIVF Group Limited (NewGen), a Thailand-based technology firm, has on Thursday announced that it has executed an agreement for a further $4 million strategic investment in K25.ai.

Singapore launches $37M program to support media professionals in creating digital content

Infocomm Media Development Authority (IMDA) has on Thursday launched S$48 million ($37 million) program to support media professionals in creating digital content.

Singapore central bank chief warns of AI-related risks despite economic resilience

Global economic growth and stock market valuations are becoming increasingly reliant on artificial intelligence (AI), creating new vulnerabilities even as the world economy has shown resilience through a series of major shocks, Singapore's central bank chief said on Wednesday.