Duc Dao

Italy-based Industrie De Nora has signed an agreement to wholly acquire Singapore-based BW Water in a deal between $61.5 million and $66.5 million.

The Civil Aviation Authority of Singapore (CAAS) has awarded France-based defense-aerospace giant Thales a contract to develop a national Unmanned Aircraft Systems Traffic Management (UTM) system.

China’s online and mobile payment platform Alipay  has introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services, namely the world’s first AI Wallet and Token Pay, to support the agentic economy’s rapid growth.

The Australian Government has committed up to $10 million to Fund II of Vietnam's Do Ventures , in order to support climate-focused businesses in Vietnam and strengthening the country’s climate investment market.

KPMG has launched a Trusted Artificial Intelligence Centre of Excellence in Singapore, aimed at helping organizations strengthen governance and trust in artificial intelligence systems as adoption accelerates across industries.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has appointed Pham Nhat Quan Anh, the eldest son of VinFast CEO Pham Nhat Vuong, as Chairman of the Board of Directors, effective May 23, as the company prepares for its next phase of global expansion.

HSBC has launched a dedicated credit facility of $4 billion for mainland China companies in the clean energy and low-carbon sectors, with Vietnam identified as a key destination for the initiative.

Google Cloud has launched a new cross-border accelerator program, in order to connect 25 Southeast Asian AI startups with technology and investment hubs in California, offering each selected founder up to $350,000 in cloud credits.

Singapore-based Mapletree Industrial Trust (MIT) will divest from a data center property in Philadelphia, Pennsylvania, the United States for $14.5 million.

Amazon Web Services (AWS) has signed its first carbon-free energy agreement in Malaysia with Elphil Energy, an affiliate of Asiabina Group, for a 23-megawatt solar project in Sungai Siput, Perak.