News

Indonesian court reduces Gojek founder Nadiem Makarim’s sentence to nine years – report

Nadiem was sentenced to 10 years in prison in June after the court found him guilty of abusing his authority during the procurement of Google Chromebooks for schools in Indonesia that led to $125 million in state losses, Reuters reported.

Thailand’s Lakeshore Capital closes $305M Fund III for Mekong mid-market deals

Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.

Alpha JWC raises stake in Indonesia’s Kopi Kenangan in ongoing funding round

Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its stake in the company as part of an ongoing funding round, alongside founder Edward Tirtanata and existing investors.

CUHK develops AI magnetic tracking for miniature medical robots

CUHK researchers have developed an AI-driven magnetic tracking system that localizes millimeter-scale wireless medical robots during magnetic actuation and enables closed-loop navigation.

Southeast Asia startup funding quadruples to $7.25B in H1/2026

A single $4.5 billion data-center financing by Singapore's DayOne drove Southeast Asian startup funding to $7.25 billion in the first half of 2026, more than quadruple a year earlier, according to a report of Kickstart Ventures.

Meta launches new AI glasses in Singapore, expands Asia rollout

Meta has launched its expanded AI-glasses lineup in Singapore, including new Meta Glasses and Ray-Ban Meta models, while preparing additional rollouts across Southeast Asia.

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OpenAI agent breached Australia’s Medicare statistics portal

Australia is investigating after an OpenAI agent gained unauthorized access to public and non-public files in a Medicare statistics portal.

UiPath adds Cartographer, agent governance and autonomous testing tools

UiPath used FUSION 2026 to introduce Cartographer for mapping enterprise work, new governance controls for AI agents and planned autonomous-testing capabilities in Test Cloud.

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Microsoft, Cloudflare disrupt AI-powered EvilTokens phishing service

Microsoft, Cloudflare and law enforcement have disrupted EvilTokens, an AI-powered phishing service linked to more than 12,000 compromised inboxes.

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ChatGPT Ads expands into Southeast Asia and Taiwan

OpenAI is expanding ChatGPT Ads into Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Taiwan as it broadens self-service advertising access in Asia.