Robust AI-related demand boosts Singapore key exports
Singapore's non-oil domestic exports (NODX) expanded by 24.5 percent year on year in April 2026, extending the 15.3 percent growth in March, as electronics continued to expand,…
Southeast Asia’s green economy is projected to reach $430B by 2030
Southeast Asia’s (SEA) green economy which is valued at approximately $290 billion today, is projected to reach $430 billion by 2030, a report said Monday.
Malaysia’s GXBank expands MSME financing access higher loan limits, digital guarantees
Malaysia's GX Bank Berhad (GXBank) has expanded its GX Business Banking services for micro, small and medium enterprises (MSMEs), including higher financing limits and broader…
Funding Societies, Boost Bank partner to expand property-backed business financing for SMEs in Malaysia
Singapore-headquartered digital financing platform Funding Societies and Malaysia’s homegrown digital lender Boost Bank have on Monday announced a strategic partnership to broaden…
BIMB sees policy shifts Malaysia from import-driven to localization-driven EV growth
BIMB Securities has foreseen policy shifts Malaysia from import-driven to localization-driven electric vehicle (EV) growth, pushing foreign original equipment manufacturers (OEMs)…
SP launches Singapore’s first EV fast charging hub in a HDB carpark in Tengah
SP Mobility, part of SP Group (SP), has launched Singapore’s first electric vehicle (EV) fast charging hub at a Housing Development Board (HDB) carpark in Tengah.
Bain Capital raises $10.5B for Asia Fund VI
Bain Capital, a private investment firm based in the United States, has announced the final close of Bain Capital Asia Fund VI, raising total capital commitments of $10.5 billion,…
Singapore suspends review of proposed $1.1B M1-Simba telco consolidation
Singapore's Infocomm Media Development Authority (IMDA) has suspended its assessment of the proposed consolidation between M1 and Simba worth S$1.43 billion ($1.12 billion),…
Vietnam’s EV maker VinFast adds 29 aftersales partners per global expansion strategy
VinFast, the electric vehicle maker under Vietnam's conglomerate Vingroup, has added 29 aftersales partners during its Global Business Conference held from May 4 to May 10, 2026.
Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia
Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund…
Ride-hailing service GSM, local dealers to deploy 18,497 EV in Philippines
GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and…
Law must evolve as AI outpaces legal systems – Singapore’s PM
Law and regulatory frameworks must continuously evolve to keep pace with rapid technological change, particularly artificial intelligence (AI), which is already challenging…
AI at core of Singapore’s new growth strategy as ESR outlines eight economic thrusts
Artificial intelligence (AI) is set to play a central role in Singapore’s next phase of economic transformation, as the Economic Strategy Review (ESR) Committees unveiled…
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