Duc Dao

India’s Pine Labs sees Singapore as template for Southeast Asia’s unified payment push [Q&A]

Pine Labs has launched a unified payments platform in Singapore, combining payment acceptance, acquiring, installment payments, and customer engagement for merchants.

Google DeepMind, GovTech Singapore jointly develop on-device model to flag chat scams

Google DeepMind and the Government Technology Agency of Singapore (GovTech) have developed a scam-detection model that runs on smartphones and analyzes conversations without sending message content to external servers.

HCMC seeks clarification on power price for $2.1B AI data center

Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.

Vietnam police seeks Nokia, Ericsson cooperation on 5G, AI, security

Vietnam's Ministry of Public Security seeks to further cooperate with Nokia and Ericsson in technology and workforce training related to 5G, AI, and security.

Vietnam’s steel producer VinMetal, Italy’s Danieli to jointly make railway steel

VinMetal, the steel producer under Vietnamese conglomerate Vingroup, has signed a contract with Italy's Danieli & C. Officine Meccaniche S.p.A. to supply core equipment for a rail and section steel line.

SCEX becomes 2nd crypto exchange candidate in Vietnam to reach VND10T requirement

Sacom Crypto Asset Exchange Joint Stock Company (SCEX) has become the second of five crypto-asset trading platform candidates in Vietnam to reach the requirement of charter capital at VND10,000 billion ($380 million).

Fintech KPay gains Major Payment Institution licence in Singapore, adds online payments

KPay Merchant Service (Singapore), a subsidiary of fintech KPay Group, was granted a Major Payment Institution licence by the Monetary Authority of Singapore (MAS).

Malaysia’s digital wealth platform Cashku adds Muamalat Invest Shariah funds

Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.

Drylab raises $3M seed round to build AI research agents

Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.

Vietnam should review foreign-ownership caps, citing Western firms’ past regrets over JV

Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.