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Asia Tech News, December 2024
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Indonesia: December 2024

Project Garuda, Indonesia CBDC

Indonesia: Project Garuda, central bank digital currency

  • Indonesia: Project Garuda Proof of Concept Report on the Wholesale Rupiah Digital Cash Ledger is available to download from Indonesia’s central bank / full item
  • Indonesia: State-owned PT PLN power company launches Connext Powered by PLN, seeking Asia-wide applications from startups working in sustainable energy / full item
  • Indonesia’s Mimin secures $1.5M with GenAI-driven chat services in e-commerce, marketing and customer support / full item
  • Australia’s Country Liberal Party in the NT and Indonesia ink first-of-its-kind MOU on critical minerals development between an Australian jurisdiction and Indonesia / full item
  • Dubai’s Damac Group unveils plan to invest $3BN to build data centers across Southeast Asia, seeing the region as a future hub for AI and cloud services / full item
  • ADB and Mastercard Impact Fund ink MOU to provide financing for women-led or -owned MSMEs in India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam / full item
Indo-Pacific news and insights

Indo-Pacific Insight: Tech, trade, supply, space, geopolitics…

Critical tech news: December
  • China: Zuchongzhi3 quantum computer claims milestones including surpassing Google Sycamore processing benchmarks and equivalence to elements of Google’s Willow processing / full item
  • India: Mindgrove Technologies fabless semiconductor design firm raised $8M Series A, targeting sales of its first chip and following Secure IoT system-on-chip launch / full item
  • Vietnam: NVIDIA and VIetnam Gov’t ink agreement for joint development AI R&D centre, and AI-focused data centre…

Full report: Critical tech in December >

Critical technologies in December 2024

Critical technologies in the news, globally, in December 2024

Asia’s Tech News, Weekly in December

● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack

● To December 14th on LinkedIn and via Substack

● To December 7th on LinkedIn and via Substack

Indo-Pacific Insight newsletter

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