August 2023 round-ups
Tech news from across Asia and the Indo-Pacific in August of 2023 for obvious reasons spanned a huge range of developments, issues, implementations and success stories.
These included, for instance: Japan’s Soramitsu‘s moves towards an Asia-wide cross-border payments system; Singapore Monetary Authority’s $112M funding for the city-state’s tech ecosystem; China’s fast-moving satellite technology moves and mega-constellation ambitions; developments in India’s drones industry, both civilian and military; Taiwan’s TSMC‘s plans for its first semiconductor plant in Europe, set for Germany; and many more.
For an at-a-glance overview of the week’s tech news headlines from Asia & the Indo-Pacific, subscribe to our weekly newsletters on Substack and on LinkedIn; if you need longer-term reference, both Substack and LinkedIn hold archives of past editions.
- For monthly news specific to each location, individually:
- For quarterly news specific to each location, individually:
CSIS: Indo-Pacific Semiconductor Supply Chains
Australia & NZ: August 2023
- Australia: 8 startups raised a total of Au$85.6M in week 1 of August, with solutions in mining tech, cybersecurity, wellness, food waste and medical tech
- New Zealand’s Kiki peer-to-peer subletting real estate platform gains Au$7M seed, sights on New York launch…
Australia: August 2023 >
New Zealand: August 2023 >
Tech Council of Australia: Australia’s Generative AI opportunity
Cambodia: August 2023
- Cambodia’s Tenbox, digital marketplace connecting suppliers, distributors and local producers to marts, restaurants, coffee shops, mom-and-pop stores and more…
World Economic Forum: Space Applications in Agriculture
China: August 2023
- China: Spacemit CPU startup completes Series A backed by Lenovo, with focus on RISC-V chips, open-source architecture seen as workaround to restricted Intel and Arm chips…
RAND Corp: Political Geography of the South China Sea disputes
HONG KONG: August 2023
- Hong Kong: Xverse raised $5M with Web3 wallet supporting ordinals – digital assets inscribed on satoshis, the lowest Bitcoin denomination – and BRC-20 tokens…
Hong Kong FinTech Week 2023 / 30 October – 5 November 2023
India: August 2023
- Taiwan’s Foxconn India arm announces near $10BN annual earnings, accounting for over 5% of Foxconn business globally…
June 2023 Report: Critical Minerals for India
Indonesia: August 2023
- Indonesia: Central bank adds QRIS Tuntas to national payments system, enabling cash transfers, withdrawals & deposits, including users without bank accounts who rely on e-wallets…
Tech in Asia Conference 2023 – October 18-19, Jakarta
Japan: August 2023
- Japan: Interstellar startup sets sights on orbital launch in 2025, focusing on small satellite market with vehicle designed to send near one metric ton to low-Earth orbit…
KPMG Venture Pulse Q2 2023 Report – Asia findings
South Korea: August 2023
- Equatorial Launch Australia and South Korea’s Innospace ink multi-launch contract for orbital launches in NE Arnhem Land…
South Korea: ComeUp Startup Festival 2023 – November 17-19
Malaysia: August 2023
- Malaysia: PM sets target of 5000 new startups in the country’s digital economy by 2025, with ‘single window’ initiative to streamline cooperation between industry and gov’t agencies…
Malaysia National Blockchain Roadmap 2021-2025
The Philippines: August 2023
- The Philippines’ Ayala conglomerate inks JV to bring Taiwan’s Gogoro into the country to provide 2-wheeled e-scooters, battery-swap tech and battery-swap stations…
CSIS: Pulling back the curtain on China’s maritime militia
Singapore: August 2023
- Singapore: NEU Battery Materials, working on lithium extraction via environmentally-friendlier electrometallurgy, making extracted lithium available for production of new batteries…
pwc: Fintech Innovation in Singapore
Taiwan: August 2023
- Taiwan: AI program to assist with drafting court rulings may begin trial in late September, using system jointly developed by the Judicial Yuan and Chunghwa Telecom
- “An Open Alternative to Intel and ARM: What is RISC-V?”
Taiwan: August 2023 >
Semiconductor news: August 2023 >
Indo-Pacific Tech News, September 2023 edition
Thailand: August 2023
- Thailand, Indonesia, Malaysia and Singapore advance with implementation of bilateral transactions via QR codes, with payments settled in local currencies…
Bank of International Settlements: Project Icebreaker (CBDCs)
Vietnam: August 2023
- Vietnam: Net Zero Challenge launches seeking early-stage climate tech projects that want to pilot solutions in Vietnam…
Vietnam Blockchain Summit 2023 / Vietnam Blockchain Week 2023
PR Newswire Asia: Technology press
- Indo-Pacific & Asia jurisdiction-focused updates
- Technology-focused news feeds
- Breaking news, all day, every day
Startup News Asia & PR Newswire Asia >
Indo-Pacific Space & Earth Conference – Western Australia – October 2023
