Asia

IFC commits $10M Highland Central Asia Fund II to boost private equity and SME financing in Central Asia

The International Finance Corporation (IFC) is investing up to $10 million in Highland Central Asia Fund II to increase small and medium-sized enterprise (SME) funding in Uzbekistan and the Kyrgyz Republic.

AXS, NTT DATA Japan team up to streamline cross border bill payments across East and Southeast Asia

AXS Pte Ltd, a Singapore-based payment solutions provider and NTT DATA Japan, a Japan-based artificial intelligence (AI), digital business and technology services firm, have entered into a memorandum of understanding (MOU) to explore the development of secure and seamless cross‑border bill payment services.

Google, Telstra to jointly strengthen Australia’s digital, subsea connectivity

Google and Telstra have announced a partnership to enhance the reach, reliability, and security of Australia's digital infrastructure through the integration of terrestrial fiber and subsea networks, as both companies move to support the growing demands of AI applications and workloads.

Google, AirTrunk, European Energy Australia to operate 25MW Mulwala Solar Farm in New South Wales

Google, AirTrunk, and European Energy Australia will soon connect the 25-megawatt Mulwala Solar Farm in the Riverina district of New South Wales, Australia to the National Electricity Market of the country.

Kyrgyzstan’s national payment operator, Alipay+ to jointly launch cross-border QR payments

Kyrgyzstan's Interbank Processing Center has partnered with Alipay+, the wallet gateway under Singapore-headquartered Ant International, to launch international QR payment services for users of the ELCARD Mobile app, with the support of the National Bank of the Kyrgyz Republic.

Singapore data center sector draws strong mix of local, regional and US operators – Credit Sights

Singapore, data center operators are anchored by domestic, regional, and US players with demand underpinned by both western hyperscalers and regional fintech and enterprises, Credit Sights said Tuesday.

BEYOND Expo 2026 kicks off, showcasing AI’s leap into the physical world

Highlighting the direction of this year's event, the BEYOND Expo 2026 exhibition area will feature nearly 800 exhibitors. This includes tech giants alongside smaller, innovative entities like OPCs (One-Person Companies) making their debut, allowing independent entrepreneurs and individual creators to showcase their innovations alongside leading brands.

Pacific Channel acquires ENGIE Factory APAC, expanding climate-tech platform into Southeast Asia

Australasian venture capital firm Pacific Channel announced Tuesday the acquisition of ENGIE Factory Asia-Pacific Pte Ltd, along with the portfolio of securities it holds in seven early-stage climate-tech ventures focused on solar solutions, cooling, climate markets, sustainable housing, bioenergy, and data center efficiency.

Alipay launches AI payment solution, AI wallet, Token Pay services as AI commerce expands

China’s online and mobile payment platform Alipay  has introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services, namely the world’s first AI Wallet and Token Pay, to support the agentic economy’s rapid growth.

No ‘OpenClaw strategy’ for Agoda for the moment due to security risks, says CTO

Despite growing enthusiasm around autonomous AI agents such as OpenClaw, Asia-focused online travel platform Agoda has no plans to adopt the technology for now, with its chief technology officer citing security risks and a lack of control over the systems.