The Department of Trade and Industry (DTI) of the Philippines is creating a P250-million (US$50 million) venture fund aimed at investing in local startups.
IBM shutting down its Global Delivery Centre (GDC) located in Cyberjaya as part of restructuring efforts, closing the seven-year-old facility come May 31.
Malaysian Communications and Multimedia Commission (MCMC) issued 77 compounds totalling RM3.7M to various license holders in the first quarter of 2021.
OCBC Bank has turned on face verification at selected ATMs across Singapore, letting its customers authenticate their identity without need for ATM card.
Finnish telecommunications company Nokia plans to cut up to 10,000 jobs in the course of two years and take the savings to invest in its 5G networking.