Duc Dao

Enterprise Singapore opens Boston office, signs Massachusetts trade partnership

Enterprise Singapore has opened an office in Boston, its fifth in the United States, to help Singapore companies expand on the U.S. East Coast, and has signed its first U.S. state-level partnership, with Massachusetts.

Belgium’s insurer Ageas completes $1.3B sale of Maybank insurance stake, exiting 25-year venture

Belgium's insurer Ageas has completed the sale of its 30.95 percent stake in Maybank Ageas Holdings, the Malaysian parent of insurer Etiqa, to its partner Maybank for about €1.1B billion ($1.3 billion), ending a 25-year joint venture.

Ant International initiates Agentic Mobile Protocol globally; aligns with Mastercard, Visa on ‘Know-Your-Agent’ standards

Ant International, Mastercard, and Visa will collaborate on common "Know-Your-Agent" standards to verify the AI agents that make payments, as the three payment groups push to let autonomous software transact across their networks.

Japan’s Mitsui taps Singapore’s Oncoshot for AI oncology-data platform across IHH hospital network

Japan's Mitsui & Co. will collaborate with Singapore's Oncoshot to use the firm's AI platform for analyzing cancer-clinical data, aiming to expand oncology research across the hospital network of Malaysia's IHH Healthcare.

Vietnam leases 4.5 hectares land to Singapore’s Sembcorp joint venture for $480M data center

Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.

Thailand’s Gulf, Singapore’s Singtel to invest in Vietnam-Thailand-Singapore submarine cable

Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.

Malaysia ranks second to Singapore in GSMA’s ASEAN Digital Nations Index

Malaysia ranked second in Southeast Asia, behind Singapore, in ASEAN Digital Nations Index, an annual digital-development index published by the mobile-industry body GSMA.

Singapore’s Sembcorp scraps $82M full takeover of Philippines’ solar developer Puente Al Sol

Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.

TikTok to invest $1B in logistics project in Vietnam’s Ho Chi Minh City

Tokgistic Pte. Ltd., a Singapore-registered affiliate of short video platform TikTok will invest $980 million in a logistics project in Vietnam's Ho Chi Minh City, part of the social-media company's growing presence in Vietnam.

Refined tungsten of Vietnam’s miner Masan High Tech Materials escapes draft export restriction

Masan High-Tech Materials (MSR), the mining arm under Vietnam's conglomerate Masan, clarified its high-purity tungsten (wolfram) products are not covered by draft export restrictions for minerals.