Duc Dao

Mitsubishi Motors Corporation will join the Philippine government’s Electric Vehicle Incentive Strategy (EVIS), signaling a move to expand its electrification efforts in the country, the Japanese automaker said in a press release on Monday.

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

Vietnam's tech major VNG Group JSC, associated with China's Tencent, Ant Group, and Singaporean sovereign wealth fund GIC, recorded a post-tax net loss of VND326 billion ($12.4 million) last year, according to its consolidated financial statements for 2025.

Rosella, an AI-native commercial insurance brokerage, has raised A$3.7 million ($2.56 million) in pre-seed funding led by Southeast Asia-focused Peak XV Partners and Intact Private Capital.

TikTok has invested $125 million in Ho Chi Minh City, the southern economic hub of Vietnam, the municipal Department of Finance said on Thursday.

The owner of a tourism vessel in Cat Ba, a popular tourism island in northern Vietnam, was recently given an administrative fine of VND70 million ($2,658) for illegally providing Starlink satellite Internet service to tourists.

Carousell Singapore, an e-commerce platform, has expanded its delivery services through a partnership with SPX Express, a courier affiliated with e-commerce platform Shopee, providing additional options for users to send and receive secondhand items.

Singapore-based data center developer and operator DayOne Data Centers will invest over MYR28 billion ($6.9 billion) in Malaysia by the end of 2026, as part of efforts to expand its data center operations and strengthen the country’s role as a regional digital hub.

WeChat Malaysia Sdn. Bhd., a subsidiary of Chinese tech giant Tencent, has been awarded “Malaysia Digital” (MD) status by the Malaysia Digital Economy Corporation, marking a step in the company’s expansion within Malaysia’s digital sector.

Microsoft will invest $5.5 billion in cloud and artificial intelligence (AI) infrastructure and operations in Singapore between 2025 and 2029, as part of efforts to support the country’s growing role in the global digital economy, the tech giant said in a press release on Wednesday.