Thailand Publishes Rules for Virtual Bank Licenses

Thailand Publishes Rules for Virtual Bank Licenses

The Bank of Thailand (BoT) recently published rules, procedures, and conditions for the application for and the issuance of a virtual bank license. This will allow applicants with expertise in technology, digital services, and the utilization of diverse types of data...
KKR Commits USD 400 Million in Philippine Telecom Towers

KKR Commits USD 400 Million in Philippine Telecom Towers

US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent telecom tower operator Pinnacle Towers, KKR plans to develop and acquire around 2,000 towers...
Singapore’s Strategic Investment in AI

Singapore’s Strategic Investment in AI

Singapore’s substantial investment of over SGD 1 billion into AI over the next five years, as announced in its 2024 National Budget, underscores the nation’s strategic vision to reinforce its status as a global business and innovation hub. With a keen...
Telco Giant Partners with UK to Strengthen Philippines Cybersecurity

Telco Giant Partners with UK to Strengthen Philippines Cybersecurity

Globe Telecom, a leading telecommunications company in the Philippines, has forged a partnership with the UK to enhance the country’s digital infrastructure defenses. This collaboration aims to bolster cybersecurity measures in the Philippines by leveraging the...