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Financial firms are now facing new and exacerbated risks such as bias, governance, accountability and data protection across the artificial intelligence (AI) lifecycle, as well as regulatory risk and strategic risk, said Deloitte on Wednesday.

Singapore Telecommunications Limited, commonly known as Singtel, has on Wednesday debuted its initiative to advance artificial intelligence (AI) development in Singapore and the region, tying up with global and local ecosystem partners across AI, renewable energy, sustainable technologies and talent development.

BlokID, a Vietnam-based developers of blockchain-powered privacy protection solutions for the digital advertising industry, has on Wednesday announced the completion of a $1.25 million seed round of financing led by Ascend Vietnam Ventures (AVV) and AppWorks.

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Tuesday announced a strategic partnership with LightLink, an Ethereum Layer 2 blockchain, to enhance Web3 gaming experiences with gasless on-chain transactions.

Antler, the global early-stage venture capital firmbased in Singapore, has on Wednesday announced its largest pre-seed investment round to date, committing $5.1 million to 37 startups across Southeast Asia.

As #Web3 continues to evolve, it stands on the brink of a new era in digital innovation and accessibility. This progress is underpinned by a technological shift towards a more unified ecosystem, with a focus on the most critical elements: developers and users.

As fund sufficiency remains a major challenge for MSMEs , particularly in emerging markets, 917Ventures’s loan aggregator Fundspace is offering MSMEs and local entrepreneurs a swift, user-friendly, and easily accessible digital solution tobridge the financing gap in the Philippines.

VinFast will lead the way for Vingroup's investments in the Philippines in 2024, commencing with the establishment of a network of electric car and motorcycle dealerships.

Southeast Asia’s digital economy will contribute 56 percent to its gross domestic product (GDP) by 2027, with digital payments taking the lead (61.5 percent), said UnaFinancial on Tuesday. In 2027, the gross value added (GVA) of the digital economy in Southeast Asia is expected to reach $2.35 trillion, increasing by 45 percent (+$732 billion) compared to…

Southeast Asia’s total food delivery spend on platforms grew a modest 5 percent year on year to reach $17.1 billion in 2023, mirroring the growth rate observed in 2022, Momentum Works said Tuesday. The growth was driven primarily by the region’s smallest food delivery market, Vietnam (+27 percent), followed by Malaysia (+9 percent).