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Asia's tech news headlines, August 2022
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Asia’s tech News: August 2022

Technology news headlines from ecosystems across South & Southeast Asia, Australia & New Zealand, drawn from online coverage of tech, startup and VC funding developments across Asia-Pac and the Indo-Pacific.

Each link below takes you to a country index page for that jurisdiction’s news round-up for August 2022, with each tech news headline linked to the free-to-read online news item behind it.

For a weekly round-up of Asia’s tech, startup and VC news headlines, subscribe to Startup News Asia’s e-newsletters, delivered via Substack, Revue and on LinkedIn.

Alternatively, for a technology-focused collection covering blockchain, crypto news, cybersecurity, NFTs and related tech, see Web3 news in August 2022.

The State of the Metaverse in 2022 / Nextrope

The State of the Metaverse in 2022 / Nextrope

Australia: August 2022

  • THRIVE Australia Venture Fund launches agri-tech ecosystem, featuring accelerator, corporate innovation, programs and events, and annual Innovation and Investment Summit
  • Hello Clever raises $4.5M seed funding with ‘buy-to-earn’ platform, giving shoppers real-time rewards on purchases…

Australia: August 2022 >

Western Australia Dealroom

Western Australia Dealroom: Data for founders, investors, executives…

Cambodia: August 2022

  • SmartStart Young Innovator Program unveils 5 startups selected, working in AI-assisted translation, home security, financial inclusion and more
  • An overview of the Kingdom’s considerations around a new digitally-driven economic model

Cambodia: August 2022 >

Startup Cambodia

Startup Cambodia / Events, ecosystem, resources

China: August 2022

  • Deloitte and Alibaba partner for Deloitte-Alibaba Cloud Auto Industry Center in Hangzhou to focus on computing aspects of driverless vehicles
  • Tech majors including Huawei, Tencent and Epic Games partner universities for Joint Research Institute of Metaverse and Virtual-Real Interaction…

China: August 2022 >

US-China: Mid-Decade Challenges to National Competitiveness

US-China: Mid-Decade Challenges to National Competitiveness

India: August 2022

  • India Blockchain Forum launches, aiming to make India a global hub for blockchain and web3 technology, alongside building an ‘India Blockchain Stack’ as a development template
  • Meta, Reliance Retail and Jio Platforms bring grocery shopping to WhatsApp in claimed global-first end-to-end shopping platform running on the instant messaging platform…

India: August 2022 >

India: State of the FinTech Union 2022

India: State of the FinTech Union 2022 report from Boston Consulting Group

Indonesia: August 2022

  • Duckie Land takes win at Alibaba x KrASIA Demo Day with blockchain-based, cross-platform multiplayer online game allowing players to earn, collect and own in-game assets
  • Bank Indonesia and Bank of Thailand announce implementation of cross-border QR payments, bringing 76 payment system providers from both countries into the project…

Indonesia: August 2022 >

Social Commerce in Indonesia 2022 (pdf)

Social Commerce in Indonesia 2022 (pdf) / AC Ventures

Japan: August 2022

  • Defense Ministry lists combat drones, hypersonic weapon research and long-range missile mass production in record $40.7BN budget request for 2023
  • Gov’t Pension Investment Fund, one of the world’s largest institutional investors, to begin investing in Japanese startups…

Japan: August 2022 >

Defense of Japan 2022 / Ministry of Defense

Defense of Japan 2022 / Ministry of Defense

Korea: August 2022

  • Startup accelerator DCamp marks 100th demo day, and celebrates a total of 6,874 startups having pitched from the first event to today
  • Tornado Cash virtual currency ‘mixer’ sanctioned by US Dep’t of Treasury over transaction obfuscation that has helped North Korean hacking collective in money-laundering…

South Korea: August 2022 >

Korea: A Policy Framework for Blockchain and Digital Assets (pdf)

Korea: A Policy Framework for Blockchain and Digital Assets (pdf) via Ripple

Malaysia: August 2022

  • Malaysia’s Securities Commission adds Huobi Global cryptocurrency exchange to Investor Alert List over operating without regulator registration…

Malaysia: August 2022 >

Creative Digital District / George Town, Penang, Malaysia

Creative Digital District / George Town, Penang, Malaysia

The Philippines: August 2022

  • 8 startups from Dynamic Space San Francisco Startup Pitch Night, working on prop-tech, on-demand services, e-learning…
  • Open PHinance Challenge launches 8–week accelerator with 11 startups selected to work on a new wave of open finance products for the Philippines and SE Asia…

The Philippines: August 2022 >

The Metaverse in 2040: Hype? Hope? Hell? Maybe all 3.

“The Metaverse in 2040: Hype? Hope? Hell? Maybe all 3.”

Singapore: August 2022

  • NTU Singapore selected by Algorand Foundation to host research & education centre aimed at developing and advancing blockchain tech
  • Take App gains backing from Meta, Y Combinator and others with WhatsApp-based e-commerce tools…

Singapore: August 2022 >

2022 Singapore FinTech Festival / November 2-4

2022 Singapore FinTech Festival / November 2-4

Taiwan: August 2022

  • New Ministry of Digital Affairs began operation on August 27th – The Diplomat provides an overview of the ministry’s intentions and challenges
  • Taiwan preps to deploy domestically-developed drone defense system, and related systems, to counter and deter hostile drone incursions from China…

Taiwan: August 2022 >

Taipei Blockchain Week / December 12-17 2022

Taipei Blockchain Week / December 12-17 2022

Thailand: August 2022

  • National Cyber Security Agency inks MoU with Huawei, hoping to create “a globally trusted cyberspace in Thailand”
  • Central bank to launch pilot study of a retail central bank digital currency with 10,000 retail users selected by the bank…

Thailand: August 2022 >

Deloitte: Women At Work in 2022

Deloitte: Women At Work in 2022 study

Vietnam: August 2022

  • Vietnam-Singapore Icetea Labs partnered by Polygon and Alpha Venture DAO for Web3 accelerator, focusing on SE Asia-based projects…

Vietnam: August 2022 >

Deloitte: Digital Banks in Asia-Pacific - adding value to financial svcs? (pdf)

Deloitte: Digital Banks in Asia-Pacific – adding value to financial svcs? (pdf)

‘Quieter’ tech locations: August 2022

Southeast Asia's digital consumers / Meta and Bain & Co (pdf)

Southeast Asia’s digital consumers / Meta and Bain & Co (pdf)

PR Newswire Asia: Startup press releases

  • Country and location-focused press releases
  • Technology-specific news feeds

PR Newswire Asia and Startup News Asia >

KPMG: Pulse of FinTech H1 2022

KPMG: Pulse of FinTech H1 2022 reports

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