Latest news and trends about tech

Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

Infineon completes C2i acquisition to expand AI data center power R&D in India

Infineon has completed its acquisition of Bengaluru-based C2i Semiconductors, adding digital power-management expertise for AI data centers.

Japan’s Sumitomo Bakelite to expand chip-encapsulation material output in Singapore, China

Japan's Sumitomo Bakelite will expand production capacity for advanced semiconductor encapsulation materials for chip production at its plants in Suzhou, China, and Singapore, installing new production lines at both sites.

Chinese robotics firm Microintelligence clears HKEX hearing

Chinese industrial robotics developer Changzhou Microintelligence has passed a Hong Kong Stock Exchange listing hearing, advancing its proposed IPO.

TCGX closes $600M fund to invest in Asian biotech

TCGX has closed an oversubscribed $600 million fund to invest across stages in Asia-based biotechnology companies and is opening Hong Kong and Shanghai offices.

Syfe launches options-based Income+ Max portfolio in Singapore

Syfe has launched Income+ Max, a Singapore portfolio combining equities, bonds, gold and call options to target 8–10 percent annual distributions.

Data analytics firm SQREEM appointed to Singapore Government’s Whole-of-Government digital consumption analytics services framework

SQREEM Technologies (SQREEM), an AI-powered behavioural intelligence and data analytics company, has been appointed under the Singapore Government’s Whole-of-Government Digital Consumption Analytics Services Period Contract and Framework Agreement (2nd Edition).

British International Investment targets $1.6 billion for climate finance in Southeast Asia

The capital will be used to support developing economies in Southeast Asia, including Vietnam, Indonesia, the Philippines, Malaysia and Thailand, which rely on high-emitting fossil fuel power generation, to transit to a renewables-based future.

Vietnam’s FPT, Korea’s NAVER Cloud to jointly expand AI cloud across Asia-Pacific

FPT, among the largest tech firms in Vietnam Vietnam, and South Korea's NAVER Cloud will jointly develop and sell artificial-intelligence (AI) services across Asia-Pacific.

WEX, Mastercard form Asia-Pacific fleet payments partnership

Two American businesses, WEX Inc. and payments group Mastercard, will combine fuel, maintenance, tolling, and parking payments for vehicle fleets into a single system across Asia-Pacific.