On location
Alibaba Cloud: outlook for the tech ecosystem in Southeast Asia in 2025 is ‘extremely promising’
The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.
Trump unveils $500B major AI infrastructure venture led by Softbank, Oracle & OpenAI
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX, who will work in close collaboration with technology partners Arm, Microsoft, NVIDIA, Oracle, and OpenAI, to advance cutting-edge AI capabilities, drive economic growth, and shape a future driven by innovation and opportunity.
Maybank estimates ASEAN data center growth at 20 percent revenue CAGR by 2028
Maybank Investment Bank has estimated ASEAN data center growth at 20 percent revenue compound annual growth rate (CAGR) by 2028.
London-based GP Bullhound welcomes Shahril Hamdan as Head of Southeast Asia
GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 13 offices spanning Europe, US and Asia.
Apple close to deal to lift Indonesian iPhone ban, minister says – report
The company has been in discussions with the government over an investment package that would lift the restrictions.
Singapore’s Crypto.com launches new exchange in the United States
Singapore-based cryptocurrency exchange company Crypto.com has announced the launch of the Crypto.com Exchange, Crypto.com’s institutional-grade offering, in the United States.
Malaysia’s FashionValet founders claim trial to alternative charges of fund misappropriation – report
They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.
Dtcpay collaborates with BNB Chain to accelerate real-world utility for stable coin payments
Singapore-based digital payments platform dtcpay has teamed up with BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, to accelerate the real-world utility of stable coins.
Indonesia antitrust agency fines Google $12.4M for unfair business practices – report
The agency launched an investigation into Alphabet Inc's Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store, according to the report.
Singapore’s CYFIRMA secures funding from MDI Ventures to enhance SEA’s cyber security
CYFIRMA, a Singapore-based cybersecurity company, has secured funding from Indonesian venture capital firm MDI Ventures to enhance Southeast East Asia (SEA)’s cyber security.
