Asia-Pacific Trends
Asia-Pacific Trends
Asia-Pacific market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across Asia-Pacific internet infrastructure markets. BTW.
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Asia-Pacific Cloud Services Trends
BigPay experiences mass exodus with top executives resigning
What happened: BigPay sees mass resignation of top executives amid restructuring BigPay, a leading digital payments platform in Malaysia, has experienced a mass resignation of top executives. This sudden shift in leadership includes key figures across various departments…
Asia-Pacific Institutional Trends
XTransfer gets MAS licence for cross-border payments
What happened: XTransfer secures MAS licence for payments XTransfer has successfully secured a licence from the Monetary Authority of Singapore (MAS), enabling the company to offer cross-border payment solutions in the region. This development comes as part of a strategic effort…
Asia-Pacific National Telecom Trends
TM Forum names Telstra, NBN veteran to lead AI mission
What happened: AI leadership role for Guy Lupo TM Forum, the global alliance of telecommunications and tech companies, has appointed Guy Lupo to lead its ‘AI & Data Innovation’ industry mission. Lupo transitions to this role from NBN Australia, where he served as the general…
Asia-Pacific Cloud Services Trends
SG.GS boosts APAC connectivity with new Guam PoP
Global telecommunications carrier SG.GS has established a new Point of Presence (PoP) in Guam, marking an important step in its efforts to enhance connectivity and network resilience across the Asia-Pacific (APAC) region. This move bolsters SG.GS’s ability to provide reliable and…
Asia-Pacific National Telecom Trends
Telstra partners with Starlink to enhance remote connectivity
What happened: Telstra partners with Starlink to deliver satellite internet across remote Australia Telstra has announced a partnership with SpaceX’s Starlink to provide high-speed satellite broadband services to remote and rural regions of Australia. The partnership leverages…
Asia-Pacific Cloud Services Trends
AWS to invest $5 billion in Thailand to boost digital transformation
What happened: AWS announced $5 billion investment to boost Thailand’s digital economy Amazon Web Services (AWS) has committed to investing $5 billion (approximately THB 190 billion) in Thailand over the next 15 years. The investment includes building a new AWS infrastructure…
Asia-Pacific Regional ISP Trends
Taiwan reports China-linked ship damaged key submarine cable
What happened: Taiwan accuses China-linked ship of damaging submarine cable. Taiwanese authorities have reported that the vessel Shunxing 39, allegedly linked to China, damaged a submarine cable operated by Chungwa Telecom while leaving the port of Keelung last Friday. The ship…
Asia-Pacific Institutional Trends
Union Bank of India enhances digital rupee app accessibility
What happened: Union Bank enhances digital rupee app Union Bank of India has introduced significant accessibility features in its Central Bank Digital Currency (CBDC) application, known as the Digital Rupee. This initiative marks the bank as the first public sector bank to offer…
Asia-Pacific Cloud Services Trends
UnionPay expands QR payments to Laos after Vietnam
What happened: China’s UnionPay International has expanded its QR code payment services to Laos through a partnership with the Lao national payment network, LAPNet. This collaboration allows customers using UnionPay-supported wallets to make seamless mobile payments in Laos.…
Asia-Pacific Cloud Services Trends
Hyperliquid sees $256M outflows over North Korea hacking fears
Hyperliquid faces $256M in outflows following allegations of North Korean hackers exploiting its platform for trading
Asia-Pacific Cloud Services Trends
US probes China’s chip dominance: Tech supply risks
What happened: US launches China chip probe The US has launched a probe into China’s dominance in legacy semiconductor manufacturing, escalating the tech rivalry between the two nations. The Biden administration alleges that China’s market control stems from unfair practices such…
Asia-Pacific Cloud Services Trends
Binance Australia sued, Interpol issues Red Notice for Hex founder
What happened: Binance and Hex founder face major legal actions Binance Australia is under legal fire as authorities pursue a lawsuit alleging regulatory breaches tied to its operations in the country. The lawsuit claims Binance failed to comply with local financial regulations…
Asia-Pacific Datacenter Trends
Equinix acquires BT’s datacentre business for $63 million
What happened: Equinix buys BT’s datacentre business BT Group announces the sale of its Irish datacentre business, including two facilities in Dublin, to Equinix for approximately $63 million. This strategic move aligns with BT’s ‘asset-light strategy’, allowing the company to…
Asia-Pacific Institutional Trends
Malaysia declares Atomic Wallet as unauthorized operation
What happened: Malaysia flags Atomic Wallet for unlicensed activities Malaysia’s Securities Commission (SC) has issued a public warning against Atomic Wallet, declaring it an unauthorized operation in the country. According to the SC, the wallet provider has been offering its…
Asia-Pacific National Telecom Trends
One NZ claims direct-to-cell milestone over T-Mobile US
What happened: One NZ launches Starlink powered Satellite TXT service beating T-Mobile US in direct to cell technology One New Zealand (One NZ) has launched its Satellite TXT service, becoming the first telecommunications company globally to offer direct-to-cell communication via…
Asia-Pacific Institutional Trends
New Zealand reduces merchant service fees on card payments
What happened: Commerce Commission addresses Google Pay fees New Zealand’s Commerce Commission has announced a draft decision to cut merchant service fees businesses pay when accepting Visa and Mastercard payments. These fees, which total nearly $1 billion annually, are a…
Asia-Pacific Cloud Services Trends
Top tech news today: December 20, 2024
Tech News Summaries 1. Binance launches Binance Alpha to spotlight new projects Binance introduces Binance Alpha, a platform designed to identify and highlight upcoming blockchain and crypto projects with strong potential for growth and innovation. The Fintech Times 2. New…
Asia-Pacific Institutional Trends
Indonesia courts Elon Musk for xAI data centres in Southeast Asia
What happened: Indonesia Seeks xAI Partnership with Musk Indonesian officials are actively pursuing Elon Musk to establish his xAI startup in Southeast Asia, focusing on building new data centres in the country. According to The Wall Street Journal, Luhut Binsar Pandjaitan, a…
Asia-Pacific Cloud Services Trends
Sygnum partners with Moomoo Singapore to offer crypto fund
Sygnum Singapore partners with Moomoo Singapore to offer its actively managed Digital Asset Multi-Manager Fund
Asia-Pacific Cloud Services Trends
Taiwan in talks to tap Amazon’s Project Kuiper space broadband
What happened: Taiwan explores partnership with Amazon’s Kuiper for satellite broadband Taiwan is currently in discussions with Amazon about using its Project Kuiper satellite broadband service. The talks were confirmed by Cheng-Wen Wu, Taiwan’s Minister for the National Science…