Digital Transformation

Maybank Cambodia has extended a $50 million financing facility to Smart Axiata, a subsidiary of Malaysian-headquartered Axiata Group Berhad, to accelerate the strategic development of Cambodia’s digital and telecommunications infrastructure, including 5G connectivity across the country.

Indonesia's new digital health toolkit, developed by Indonesian health leaders in partnership with researchers at Australia’s Monash University, will support a shift to value-based digital health, BMI Country Risk and Industry Research said Wednesday.

Global bank Standard Chartered has on Monday launched its first Global Fusion Center in Malaysia, reinforcing the country’s status as a strong talent ecosystem and a key strategic technology hub for the group.

Mastercard will proceed a rollout of authenticated AI-driven transactions across parts of Southeast Asia, alongside plans to establish a regional artificial intelligence center in Singapore, the company said in a press release on Monday.

Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.

Sweden's networking and telecommunications giant Ericsson and Vietnam Posts and Telecommunications Group (VNPT) will jointly deliver next-generation mobile infrastructure for major airport projects in Vietnam.

Malaysia's utility firm Tenaga Nasional Berhad (TNB) and telecommunication firm Telekom Malaysia (TM) have announced a strategic collaboration to strengthen cooperation in green energy solutions while developing smarter, more sustainable, and interconnected energy and telecommunications infrastructure across the country.

Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.

Data shows that roughly 9,238, or about 20 percent of the 45,363 tech layoffs recorded worldwide since the start of the year, and have been linked to artificial intelligence (AI) implementation and organizational restructuring, RationalFX said Monday.

The Association of Southeast Asian Nations (ASEAN) has endorsed a Regional Framework on Cross-Border Cloud Computing conceived, developed and spearheaded by the Ministry of Digital through its agency, the Malaysia Digital Economy Corporation (MDEC), marking a strategic milestone aimed at enabling trusted and seamless data flows across member states while…