Latest news and trends about tech

Singapore’s Igloo expands beyond Asia Pacific with Turkey’s Sigortayeri partnership

The partnership marks Igloo’s first foray outside Asia Pacific, and makes it among the first in the Turkish market to cover cyber bullying. Mitsubishi Corporation, which has a long-standing relationship with Çalık Group including Aktif Bank, facilitated the partnership.

IMF projects global economy to grow 3.1% in 2026

The International Monetary Fund (IMF) projects global growth will slow to 3.1 percent in 2026 before recovering to 3.4 percent in 2027, while within Southeast Asia, Vietnam at 8.4 percent growth and Malaysia at 5.2 percent can lead the region.

Malaysia’s RewardinMe enters Myanmar, onboards major fintech player to gamified marketing platform

The expansion, made through a partnership with Thailand-based market-access and B2B consultancy RevSEA, kicked off last month with the launch of an 18-month gamified marketing campaign for one of Myanmar’s largest e-wallet providers.

Murphy Oil starts Vietnam oil production at Lac Da Vang, reports nearby discovery

The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.

BitGo’s Angela Ang on what institutional digital assets still need in APAC [Q&A]

BitGo's Angela Ang discusses institutional digital-asset demand, settlement gaps, custody controls, APAC regulation and bank infrastructure choices.

Temasek Trust partners World Bank Group to advance shared development priorities

Both organisations will explore co-financing and innovative financing approaches to mobilise additional resources, initially focusing on climate and energy, water, agriculture, and health.

Genting Malaysia & Alibaba Cloud explore new opportunities in AI & cloud technology

The MoU builds on the existing relationship between GENM and Alibaba Cloud, following their previous collaboration with Genting SkyWorlds Theme Park, where AI and cloud technology was explored to support the guest experience.

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.