Duc Dao

Malaysia’s GXBank, World Bank’s IFC to unlock $110M MSME financing in risk-sharing deal

Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).

VinFast founder hands CEO roles of automaker, ride-hailing service to sons

Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.

Tesla establishes $3M automobile subsidiary in Vietnam

American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.

Vietnam’s Vietjet, France’s Thales expand aviation ties in AI, cyber, aircraft maintenance

Vietnam's budget airline Vietjet and France's aerospace giant Thales will expand their cooperation in aircraft maintenance, digital aviation, artificial intelligence (AI), and cybersecurity.

Anthropic CEO Amodei calls for slowing AI development

Anthropic co-founder and chief executive Dario Amodei has called on the AI industry to "deliberately" slow the pace of developing models.

ASEAN Foundation expands AI-skills programme to train 1.7M students, teachers by 2028

The ASEAN Foundation has received endorsement of Southeast Asian education officials for an expanded program to equip more than 1.7 million students, teachers, and university staff with practical AI skills by the end of 2028.

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.