government

Thailand has 35 operating data centers and 117 more awaiting approval.

MAS said Singapore has more than 1,800 fintech firms that employ close to 10,000 professionals

The Ministry of Economy, Trade and Industry will also seek more funding for Rapidus in its fiscal 2027 budget.

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The budget ministry said the fund would save excess tax revenue in stronger years and use it when revenue weakens.

Bangladeshi startups raised $1.2 billion in a decade, but local investors supplied just 7%.

The system was developed by a joint venture between Microsoft and state-owned CETC.

The fund will back AI and other strategic sectors through Korea Investment Corp (KIC).

Inflexor added that the fund has begun deployment and expects to announce its first investments in the coming weeks.

Deputy Culture Minister Phan Tam outlined the proposal, which remains a draft and could still be revised before adoption.