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China’s BYD to build EV plant in Indonesia, groundbreaking expected in July – report

China-based electric vehicle producer BYD announced plan to build an automotive assembly plant in Indonesia's West Java, with groundbreaking scheduled for July.

Microsoft to invest $2.2B in cloud and AI in Malaysia

American technology firm Microsoft has on Thursday announced that it will invest $2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.

Direct Lending partners Tan Chong Motor to introduce Shariah-compliant auto service financing plan in Malaysia

Direct Lending, a Malaysian digital lending platform, has on Thursday announced its partnership with Malaysian automotive firm Tan Chong Motor Holdings Berhad, to introduce a Shariah-compliant, fully digital auto service financing plan at their Nissan Service Centers nationwide.

Beyond Ordinals, Runes are set to enhance the viability of new Bitcoin use cases

The integration of #Runes with #RWAs is in its nascent stages, which means there will be technical and regulatory concerns to look into. Despite the challenges, these solutions are currently being explored for their potential to enhance accessibility, liquidity, and to create innovative financial instruments, offering new utilities to the #Bitcoin…

Microsoft to open a new data center in Thailand

American technology firm Microsoft said Wednesday it will open a new data center region in Thailand. The data center region will expand the availability of Microsoft’s hyperscale cloud services, facilitating enterprise-grade reliability, performance, and compliance with data residency and privacy standards.

Temasek-backed AI firm Blaize secures $106M funding

Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.

Flourish Ventures adds senior global investment team to lead India, SEA

Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will lead the global firm's fintech investments and portfolio management in India and Southeast Asia.

Microsoft announces AI skilling opportunities for 2.5M people in the ASEAN region by 2025

American technology firm Microsoft has on Tuesday announced a commitment to equip 2.5 million people in member states of the Association of Southeast Asian Nations (ASEAN) with artificial intelligence (AI) skills by 2025.

Report : India agrifoodtech funding dips to pre-pandemic levels in 2023

The investment in Indian agrifood startups dips to pre-pandemic levels in 2023, plunging 60 percent from 2022 levels to reach just below $1 billion in 2023, a report said Tuesday.

Microsoft to invest $1.7B in cloud and AI in Indonesia

American technology firm Microsoft has on Tuesday announced it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia.