News

Wonderful expands Singapore operations, appoints Alexander Kleinberg as General Manager

The Netherlands-based AI company Wonderful is expanding its Singapore operations as part of its push to help enterprises scale AI adoption beyond pilot projects, with Alexander Kleinberg joining as General Manager, Singapore.

Global tech firm MKS opens supercenter factory in Malaysia with over $96.3M investment

MKS Inc., a global technology firm, has opened its MKS Supercenter Factory in Penang, Malaysia with over MYR 400 million ($96.3 million).

Gobi Partners leads Khazanah-backed investment in Malaysia’s GreatAsic to build chip design capabilities

Gobi Partners has invested in GreatAsic through multiple funds, including Gobi Dana Impak Ventures, a fund backed by Khazanah Nasional Berhad through Dana Impak, as part of GreatAsic's recently closed $6.9 million Pre-Series A round led by Vertex Ventures Southeast Asia and India.

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.

Equinix, Cisco team up to build infrastructure for sovereign AI access in Singapore

Global digital infrastructure company Equinix, Inc. has on Wednesday announced an expanded collaboration with Cisco to accelerate artificial intelligence (AI) innovation in Singapore.

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.