On location
Singapore banks complete live SGD tokenized-deposit transactions
DBS, OCBC and UOB completed live domestic Singapore-dollar interbank transactions using tokenized deposits on Swift's blockchain ledger.
Thailand fast-tracks $3.66B investment pipeline and adds tech IPO incentives
Thailand selected 17 projects worth a planned 121 billion baht for FastPass and announced added tax incentives for eligible BOI-promoted listings.
South Korea broadens espionage law to cover foreign actors
South Korea's new espionage offense covers national secrets obtained for foreign states or equivalent organizations, with chip technology among the cited concerns.
US sets final solar trade margins for Indonesia and Laos
US Commerce finalized solar-cell trade margins for Indonesia and Laos, with antidumping findings of 94.36% and 65.43%. Final duty orders await an October 14 injury vote.
Philippines unveils $34.4B AI infrastructure masterplan targeting 1.5GW by 2033
The Philippines has finalized a $34.4 billion AI infrastructure roadmap targeting 1.5GW of AI data-center capacity by 2033, up from about 50MW today.
World Bank launches initiative to help local financial institutions expand digital payments in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions in emerging markets expand access to digital payments for consumers and small businesses.
MAS says AI set to transform Singapore financial system
Artificial intelligence (AI) is set to become a foundational capability for financial institutions as technology advances rapidly, but stronger governance and cybersecurity measures will be needed to ensure its safe and sustainable adoption, Monetary Authority of Singapore (MAS) managing director Chia Der Jiun said.
More than a third of respondents say DEFA is highly important to their business – EU-ASEAN business council
More than a third of respondents (38 percent) say the ASEAN Digital Economy Framework Agreement (DEFA) is highly important to their business, while 50 percent rated it as moderately important, a survey conducted by the EU-ASEAN business council showed on Tuesday.
George Kent, Extreme vision team up to distribute agentic AI soultions in Malaysia, ASEAN
George Kent (Malaysia) Berhad has announced its partnership with Shandong Extreme Vision Technology Co., Ltd. (Extreme Vision), an artificial intelligence (AI) technology company listed on the Hong Kong Stock Exchange, to distribute agentic AI solutions in Malaysia, ASEAN.
ASEAN Foundation expands AI-skills programme to train 1.7M students, teachers by 2028
The ASEAN Foundation has received endorsement of Southeast Asian education officials for an expanded program to equip more than 1.7 million students, teachers, and university staff with practical AI skills by the end of 2028.
