News

86% of Asia Pacific banks say AI increases fraud sophistication

As many as 86 percent of financial institution leaders across Asia Pacific believe AI has increased the sophistication of fraud and scams, while 79 percent say their institutions have already encountered attacks utilizing agentic AI, according to a survey conducted by network and computer security firm BioCatch.

Germany’s Infineon, Vietnam’s VinRobotics to jointly to develop humanoid robots

Germany's Infineon Technologies and VinRobotics, a robotics company established by Vietnam's conglomerate Vingroup, will collaborate on the development of humanoid robots, with a joint competency center to be established at VinRobotics' Hanoi office.

Singapore collaborates with Tanzania on carbon credits

Singapore and Tanzania have signed a memorandum of understanding (MOU) on carbon credits collaboration under Article 6 of the Paris Agreement on Tuesday.

EVs remain a key growth in the Philippine automotive sector – Maybank

While the Philippine automotive industry sales remain under pressure, Maybank Investment Bank sees electric vehicles remain a key growth in the sector.

Nokia, Indosat, NVIDIA to deploy AI-ready 5G network across Indonesia

Nokia and Indosat Ooredoo Hutchison will jointly modernize Indosat's nationwide mobile network in Indonesia through the deployment of advanced 5G Radio Access Network technologies, with NVIDIA developing AI-integrated network capabilities.

Singapore leads global crypto-friendly cities index as Asia Pacific dominates top 10

Singapore has been ranked the world's most crypto-friendly city in Multipolitan's Crypto Friendly Cities Index 2026, with six Asia Pacific cities making the global top 10, underscoring the region's growing dominance in attracting digital asset capital, founders, and infrastructure.

Japan’s NTT DATA, Google Cloud to jointly scale enterprise AI deployment

Japan's NTT DATA and Google Cloud will collaborate help enterprises move from AI experimentation to large-scale deployment of agentic AI solutions, combining Google Cloud's AI platform capabilities with NTT DATA's global delivery scale and industry expertise.

Singapore’s insurtech Igloo launches AI travel insurance assistant in Indonesia, boosting purchase decision 44%

Singapore-based insurtech company Igloo has launched Igi, an AI travel insurance assistant in Indonesia that guides customers through the full purchase journey within a single conversational interface.

18% of Singapore firms have AI security policies, but no tools to enforce

As many as 18 percent of five Singapore organizations have policies against unauthorized AI tools but lack any mechanism to detect violations, according to JFrog's 2026 Software Supply Chain Security State of the Union report released in early June.

Zetrix AI’s Philippines JV inks agreements with multiple government entities for digital payments

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, announced Monday that its joint venture in the Philippines namely MYEG Philippines, Inc. (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities.