Duc Dao

Singapore awards France’s Thales contract for AI-enabled air traffic management system, towards 2030 launch

The Civil Aviation Authority of Singapore (CAAS) has awarded France's Thales a contract to develop Singapore's next-generation air traffic management system (NexGen ATMS) and air traffic control radars, Thales said without financial details.

Dubai’s reward platform Bundle raises $5.5M pre-seed, to expand to Singapore, Philippines, Vietnam

Dubai-based Bundle, a networked rewards platform that allows businesses to pool their marketing budgets into shared prize funds, has raised $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures.

Singapore’s Temus invests in Philippines’ Thinking Machines, OpenAI’s first APAC services partner

Singapore-based AI and digital transformation company Temus, established by Temasek in 2021, has made a strategic investment in Thinking Machines Data Science, a Manila-founded AI and data company and OpenAI's first official services partner in Asia Pacific.

Singapore’s Atome Financial grows 2025 revenue 80% to $470M, annualized run rate reaches $800M

Singapore-based Atome Financial, the digital financial services platform comprising buy-now-pay-later service (BNPL) Atome, Atome Card, and Indonesia's Kredit Pintar, reported revenue of $470 million for the year ended December 31, 2025, up 80 percent year-on-year.

Singapore’s Singtel confirms Optus stake sale talks as Australian regulator pursues $174m penalty

Singapore Telecommunications Limited (Singtel) seeks a potential stake sale in its Australian subsidiary Optus Mobile, on the same day Australia's communications regulator commenced Federal Court proceedings against Optus Mobile, with a maximum penalty exposure of over A$250 million ($174 million).

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

US nuclear services firm EXCEL launches Vietnam subsidiary with offices in Hanoi, Ho Chi Minh City

The United States-based EXCEL Services Corporation has established EXCEL Services Vietnam, a new subsidiary supporting Vietnam's nuclear power development.

US-based T1 Energy acquires TOPCon solar patents from Singapore’s Evervolt for $135M

US-based solar manufacturer T1 Energy (NYSE: TE) has acquired foundational solar patents and other intellectual property from Singapore-based Evervolt Green Energy Holding for a total consideration of $135 million.

US to invest $2.5B in Southeast Asia, including AI initiative, $1.5B in energy

The United States is investing more than $2.5 billion in Southeast Asia, headlined by a new artificial intelligence (AI) initiative to export American AI technology across the region and a $1.5 billion platform to build out energy infrastructure.

Japan’s ITOCHU, Vietnam’s FPT Software to jointly establish Global Tech Center for AI transformation

Japan's sogo shosha ITOCHU has established a Global Tech Center (GTC) and formed a partnership with FPT Software, the software contractor under Vietnam's technology giant FPT to drive AI transformation across its overseas group companies.