Latest news and trends about tech

MAS commits $173M to support next phase of FinTech innovation

The Monetary Authority of Singapore (MAS) announced Monday a S$220 million ($173 million) commitment over three years under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0) to strengthen Singapore’s FinTech ecosystem and accelerate innovation and technology adoption across the financial sector.

Singapore’s ComfortDelGro JV with RATP Dev wins $2.7 billion contract to run the Copenhagen Metro

Singapore transport operator ComfortDelGro Corporation Limited, through KBH Metro Partner, its joint venture with RATP Dev, announced Monday that the consortium has been selected to operate and maintain the Copenhagen Metro under a contract valued at DKK17 billion ($2.6 billion).

Singapore’s Beyond Border appoints former Airbnb and Zenyum executives as Advisors as it expands across the US & Latin America

Beyond Border, a Singapore-founded, tech-enabled U.S. immigration platform, announced Thursday the appointments of former Airbnb executive Kum Hong Siew as Business Advisor and former Zenyum Chief Marketing Officer Bassam Abdel-Rahman as Growth Advisor.

TechNode AI Networking Night brings APAC tech community together in Bangkok

The evening brought together members of the regional technology and startup ecosystem for networking, knowledge exchange and discussions around artificial intelligence and cross-border opportunities.

CrowdStrike, Telkom Indonesia sign MoU on AI-powered cybersecurity transformation

CrowdStrike and Telkom Indonesia have signed a memorandum of understanding to combine the Falcon platform and security services with Telkom's Indonesian customer reach and infrastructure.

Huawei Cloud executive launching CodeArts Agent in Singapore

Huawei Cloud launches CodeArts Agent across Asia Pacific

Huawei Cloud has moved CodeArts Agent from public beta to general availability across Asia Pacific, with 16 specialized agents spanning software development.

AI boom to keep Singapore manufacturing resilient – economists

Singapore's manufacturing sector is expected to remain supported by resilient demand from the global artificial intelligence (AI) infrastructure buildout, economists said, even as the pace of electronics output growth shows signs of moderating.

Singapore and Brazil to collaborate on green and digital shipping corridor

Singapore and Brazil have signed a Memorandum of Understanding (MOU) to establish the Singapore-Brazil Green and Digital Shipping Corridor (GDSC), the Maritime and Port Authority of Singapore (MPA) said on Friday.

Chinese hyperscalers ramp up AI spending but trail US rivals – Moody’s

Chinese technology giants are rapidly increasing spending on artificial intelligence infrastructure but face greater financial constraints than their U.S. counterparts, whose larger and more profitable core businesses provide stronger cash flow and greater capacity to sustain heavy investment, Moody’s Ratings said on Thursday.

Malaysia’s approved investments up 11.7 percent, underpinned by data center and cloud projects

Malaysia's approved investments grew 11.7 percent year on year to MYR 218.5 billion ($54.27 billion), underpinned by data center and cloud projects, official data showed on Friday.