Latest news and trends about tech
UK’s Primary Health Properties expects £0.5B from Singapore’s GIC hospital venture to cut debt
The UK-based Primary Health Properties expects about £0.5 billion ($670 million) in net cash from a joint venture with Singapore’s GIC, a sovereign wealth fund, and will use the money to cut debt.
Japan’s SBI, Singapore’s Startale join Open Standard to explore yen-dollar stablecoin link with JPYSC, OUSD
SBI Holdings, the Japanese financial services group, and Startale Group, a Singapore-registered Web3 infrastructure developer, have joined Open Standard, an alliance backing the U.S. dollar stablecoin Open USD (OUSD).
France’s Alstom books €800M for Vingroup’s Hanoi metro trains
France’s Alstom has secured a first-tranche order worth about €800 million ($910 million) for metropolis metro trains within Hanoi's urban rail projects, the French rail-technology company said.
Governance, accountability key to scaling AI-driven autonomous payments – UOB
The future of artificial intelligence (AI)-driven autonomous payments will depend less on advances in artificial intelligence (AI) than on how effectively financial institutions govern the technology, with clear accountability, security controls and interoperability needed to build trust, UOB Global Economics & Markets Research said in a recent report.
AI capex boom remains an important growth driver for APAC 2027 growth – BMI
The artificial intelligence (AI) investment cycle remains the key positive driver of Asia-Pacific growth in 2027, BMI Country Risk and Industry Research said on last Thursday.
Foxconn unit to buy 50 percent stake in Mitsubishi Electric Mobility for $730 million
Lin Yin International Investment Co Ltd, an investment management subsidiary of Foxconn, will acquire a 50 percent stake in Mitsubishi Electric Mobility Corp for JPY 115 billion ($727 million) as part of a strategic alliance to jointly operate the automotive equipment business.
San Francisco-based Horizon3 opens ASEAN headquarters in Singapore, backed by EDBI, SG Growth Capital
Horizon3, a U.S. security company that sells AI-driven proactive testing software, will establish its ASEAN headquarters and a regional center of excellence in Singapore.
Singapore’s Aolani plans up to 500MW of AI data center capacity in Malaysia
Aolani, a Singapore-founded neocloud artificial intelligence (AI) firm, announced Monday it has signed Letters of Intent to take up 500 megawatt (MW) of AI data center capacity in Malaysia.
GoTo releases Indonesian language model
GoTo has released a 27-billion-parameter model trained for Indonesian and several regional languages through its official Hugging Face repository.
India’s Pine Labs sees Singapore as template for Southeast Asia’s unified payment push [Q&A]
Pine Labs has launched a unified payments platform in Singapore, combining payment acceptance, acquiring, installment payments, and customer engagement for merchants.
