Duc Dao

AI Singapore launches AI for Good Festival to expand AI literacy for 5,000 youths

AI Singapore, a ministry-run talent development body, has launched the inaugural AI for Good Festival initiative, to expand AI literacy and responsible AI education at scale.

Ant Group takes 28% stake in China’s Boohee Health as AI health app AQ surpasses 100M users

Ant Group has completed a strategic investment in Boohee Health, becoming its largest external shareholder with a stake of over 28 percent, as the two companies deepen cooperation in weight management and AI-driven health services.

Australia’s Lynas, Korea’s JS Link to build rare earth magnet factory in Malaysia

Australia's Lynas Rare Earths and South Korea's JS Link will jointly develop a rare earth permanent magnet factory in Kuantan, Malaysia, following a memorandum of understanding signed in July 2025.

78% of Singapore IT leaders lack real-time data infrastructure, slows AI scaling: Confluent report

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.

Asia Pacific medtech demand to reach $132B by 2030, only few companies achieve global scale: Bain report

Asia Pacific's share of global medtech demand is expected to reach $132 billion by 2030, growing at 6.9 percent annually and faster than the global market, according to a new report by Bain & Company.

Google unveils video commerce tools for Southeast Asia as YouTube shopping videos hit 6M

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.

Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.

Singapore’s Minister Josephine Teo, Grab’s founder Anthony Tan join AI for Good Global Commission

Singapore's Minister for Digital Development and Information Josephine Teo and Grab Co-founder and Group CEO Anthony Tan are among more than 40 founding members of the newly-launched AI for Good Global Commission.

Singapore’s fintech M-DAQ integrates with Vietnam’s payment service METech to build ASEAN payment hub

Singapore-headquartered fintech M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments service provider in Vietnam, giving M-DAQ its own regulated payments infrastructure in the country with direct access to Vietnamese dong collection and payout rails.

Korea’s LG Innotek to begin building $1B semiconductor substrate plant in Vietnam’s Hai Phong in Q3/2026

LG Innotek is set to kick off the construction of its $1 billion semiconductor substrate packaging plant in Vietnam's northern coastal city of Hai Phong, in the third quarter of 2026.