News
Philippines’ PayMongo targets fourfold revenue growth in 2026
Philippine payments company PayMongo is targeting revenue at about four times last year's level while expanding beyond transaction fees into subscription and merchant services.
UnionPay says ASEAN QR acceptance network now covers over 38M merchants
UnionPay says its acceptance network now spans all ten ASEAN countries and more than 38 million QR merchants as it expands cross-border payment links across the region.
Singapore’s Nexstrom raises $12M to scale 12-inch 2D semiconductor platform
Singapore semiconductor startup Nexstrom has raised a $12 million seed round led by Xora Innovation to commercialize a wafer-scale platform for single-crystal 2D semiconductor materials.
Kakao opposes US ADR listing plan involving TPG’s Kakao Mobility stake
South Korea's Kakao has opposed a proposed US ADR listing involving shares in Kakao Mobility held by private equity firm TPG.
Philippines advances EU, Canada trade deals as digital infrastructure comes into focus
The Philippines has reached substantial agreement on a free trade deal with the EU while Canada says separate talks with Manila and ASEAN are more than 90 percent complete, with data centers among investment opportunities under discussion.
59 percent of APAC enterprises plan AI spending hikes above 25 percent in 2026, Digital Realty survey finds
Nearly six in ten Asia Pacific respondents expect their organizations to increase AI investment by more than 25 percent in 2026, while infrastructure readiness and integration remain uneven across markets, according to Digital Realty's survey.
India’s PhonePe gets in-principle UAE approval for two payment licenses
India's PhonePe has received in-principle approval from the UAE central bank for two payment licenses, moving it closer to locally regulated operations in its first overseas market.
Security Bank targets Apple Pay and Google Pay rollout in second half of 2027
Philippine lender Security Bank plans to support Apple Pay and Google Pay in the second half of 2027 after completing a core credit-card system upgrade.
US battery startup EnerVenue opens first factory in China’s Changzhou
US battery startup EnerVenue has opened its first manufacturing plant in Changzhou, China, after dropping an earlier plan for a Kentucky factory.
DeepSeek set to brief UN Security Council as AI risks move onto international security agenda
Chinese AI startup DeepSeek is expected to brief the UN Security Council this week as diplomats discuss artificial intelligence and international security.
