Latest news and trends about tech

The Ministry of Investment, Trade and Industry (MITI) announced Monday that effective immediately, all exports, transships and transits of high-performance artificial intelligence (AI) chips of US origin are subject to a Strategic Trade Permit.

The Ministry of Communications and Digital Affairs of the Republic of Indonesia (Komdigi) has officially anchored the establishment of Indonesia’s AI Center of Excellence — a national initiative aimed at accelerating the country’s AI competitiveness through a strategic collaboration with Indosat Ooredoo Hutchison (Indosat), Cisco, and NVIDIA.

Malaysia has reached a major milestone in its energy transition roadmap with the launch of the hybrid hydro floating solar (HHFS) and green hydrogen hub in Terengganu on last Saturday.

Southeast Asia (SEA) initial public offering (IPO) capital market remains resilient in the first half with Malaysia and Indonesia take top spots, Deloitte said Friday.

VinFast Auto India, the subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has entered into a strategic agreement with BatX Energies, an Indian clean-tech company, for high voltage battery recycling and repurposing.

Indonesian sovereign wealth fund Danantara Indonesia has inked a landmark memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC), paving the way for financing opportunities aimed at accelerating Indonesia’s transition toward a green, digitally connected economy.

ICapital, the global fintech company, announced Thursday it has raised over $820 million with the completion of its latest financing round, bringing the company’s valuation to over $7.5 billion.

Airalo, a Singapore-founded eSIM provider, announced Thursday a $220 million investment led by new investor, CVC.

In a multi-sectoral bid to develop agricultural cooperative-based models for resilient rural livelihoods, Philippine development sector group Bayan Family of Foundations, in partnership with Philippine agritech Mayani, landed philanthropic funding from HSBC Philippines, to support smallholder farmers and fisherfolk in adapting to climate change while…

DDC Enterprise Limited (DDC) announced Thursday that it has signed a non-binding memorandum of understanding (MoU) with Animoca Brands to develop and implement strategies that maximize yield for the Web3 firm’s Bitcoin assets while managing associated risks.