Asia

Singapore’s Ant International closes $1.2B Series A with Ant Group, Alibaba

Singapore's Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, alongside other unnamed international investment institutions.

Singapore’s Ant International brings payment gateway Alipay+ to Argentina’s national QR payment network

Singapore-based Ant International has integrated its Alipay+ payment gateway with Argentina's national QR payment scheme Transferencias 3.0, enabling international visitors to make digital payments at merchants across the country using their home-market payment apps.

Southeast Asia IPO raised surges 85 percent on year to $2.5B in first half – EY

Southeast Asia saw a total of 35 initial public offerings (IPOs) that raised $2.5 billion, down 30 percent in volume and 85 percent increase in proceeds compared with 50 IPOs raising $1.4 billion in the first half of 2025, EY said Friday.

US investor Srinivasan seeks meeting with Anwar’s office after startup school in Forest City raided

Earlier this week, Malaysia launched an immigration probe into people associated with Srinivasan's startup school, saying that individuals may have flouted immigration rules.

Inaugural Broadband Development Summit APAC 2026 unites industry leaders in Bangkok

inaugural WBBA Broadband Development Summit APAC 2026, held in Bangkok on 14 July. Convened by the World Broadband Association (WBBA), the summit brought together the ITU, regional regulators, and leading operators – including AIS, Globe, Telkomsel, XLSmart, HKT, and China Mobile International.

Asia remains at the center of the transformational AI investment story

Asia remains at the center of the transformational artificial intelligence (AI) investment story, as it expands from a narrow focus on chips and data centers to a much larger ecosystem spanning memory, compute, power infrastructure, grid upgrades, industrial systems and advanced manufacturing, MetLife Investment Manager and PineBridge Investments said on…

Finland’s Nokia, Taiwan Mobile extend 5G partnership to build AI-powered mobile network

Finland's technology giant Nokia has signed a 5G expansion agreement with Taiwan Mobile to accelerate the evolution toward AI-native mobile networks across Taiwan, deploying Nokia's latest AirScale portfolio.

Korea, Malaysia, Thailand, Taiwan lead AI-driven growth surge: IMF

South Korea, Taiwan, Thailand, and Malaysia, as the world's largest net exporters of AI-related hardware, were the standout performers of the current global technology cycle, driven by advances in and deployment of artificial intelligence (AI) tools, the International Monetary Fund (IMF) said in the July 2026 edition of its World Economic Outlook (WEO).

East Asia food delivery GMV reaches $38.6B in 2025

The four East Asian markets generated an estimated $38.6 billion in food delivery platform gross merchandise value (GMV) in 2025, Momentum Works said Wednesday.

78% of Singapore IT leaders lack real-time data infrastructure, slows AI scaling: Confluent report

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.