Latest news and trends about tech

Driven by fundamentals, not valuations: Khazanah-backed PolicyStreet CEO outlines strategy after $26M Series C

Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.

United States to invest $2.5B in Southeast Asia, including AI initiative, $1.5B in energy

The United States is investing more than $2.5 billion in Southeast Asia, headlined by a new artificial intelligence (AI) initiative to export American AI technology across the region and a $1.5 billion platform to build out energy infrastructure.

Singapore establishes taskforce to strengthen cyber and technology resilience against AI-driven threats

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Tuesday the establishment of the AI-Driven Cyber and Technology Risk Taskforce (ACT), an industry-wide initiative to strengthen collective cyber and technology resilience in response to the emerging risks posed by frontier artificial intelligence (AI) models.…

Japan’s ITOCHU, Vietnam’s FPT Software to jointly establish Global Tech Center for AI transformation

Japan's sogo shosha ITOCHU has established a Global Tech Center (GTC) and formed a partnership with FPT Software, the software contractor under Vietnam's technology giant FPT to drive AI transformation across its overseas group companies.

Switzerland’s Cicor to acquire Malaysia factory of Singapore’s EDMI in $20M deal, targets $50M annual revenue

Switzerland's Cicor Group (SIX: CICN), a contract electronics manufacturer, will acquire EDMI Electronics Sdn. Bhd. in Johor, Malaysia, which is in turn a manufacturing subsidiary of Singapore-headquartered smart metering company EDMI Limited, for $15 million-$20 million.

Malaysia’s Ministry of Digital, MDEC withdraw support for Malaysia Blockchain Week 2026

In a Linkedin post on Monday, MDEC said The Ministry of Digital and the agency are not involved in the planning, approval, or promotion of the Malaysia Blockchain Week 2026 after-party, including the selection of its guests.

Malaysia’s Sime Darby Property sets up $640M green Sukuk program for data centers

Malaysia-based Sime Darby Property NEV (Holdings) Sdn. Bhd, a member of Sime Darby Property Berhad’s New Economy Venture (NEV) platform, has established a Sukuk Program of up to MYR 2.60 billion ($640 million) to finance the development of build-to-suit-to-lease data centers, and industrial and logistics assets.

Singapore crypto payments firm Triple-A says own digital assets hit by unauthorized access

Singapore-based digital payments firm Triple-A said on Monday that it had detected unauthorized access to wallets containing the company's own digital assets, but stressed that customer funds were not affected and all services had returned to normal.

Kaveh Wong of Xsolla Curine Academy on human creativity in the age of AI [Q&A]

Kaveh Wong, Co-Founder of Xsolla Curine Academy, discusses how AI is changing creative production, why human authorship remains commercially important, and how Southeast Asia can build original IP and studio-ready talent.

Singapore’s Psalion launches $50M fund for next wave of blockchain adoption

Singapore digital asset firm Psalion announced Monday the launch of its third and largest venture fund to date, a $50 million vehicle aimed at the next wave of blockchain adoption.