News
US-based Anthropic opens Singapore office, signs MOU with the Singapore government
US-based AI company Anthropic announced Wednesday it is expanding its Asia-Pacific operations by opening a new office in Singapore — its fifth in the region—and signed a Memorandum of Understanding (MOU) with the Singapore Ministry of Digital Development and Information.
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.
Malaysia’s VentureTECH invest in Hana Medicare & AgriData Portal
The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.
Vietnam’s FPT, France’s Pasqal should turn quantum talks into commitments
Vietnamese Deputy Prime Minister Ho Quoc Dung urged French quantum computing company Pasqal and Vietnam's tech giant FPT to turn their cooperation ideas into concrete programs.
Singapore’s Antares Ventures secures $50M for deep-tech fund, targets $100M
Antares Ventures, a Singapore-based deep-tech venture capital firm, has secured more than $50 million in commitments for its first fund at a second close, an interim closing at which additional investors join.
NEU Battery Materials raises $7.6M and opens Singapore plant
Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.
Green SM launches Vietnamese EV taxi service in Los Angeles
Green SM, a Vietnamese ride-hailing company utilizing only electric vehicles (EV) of VinFast brand, has launched its taxi service in Los Angeles, its first entry into North America and its ninth global market.
OPSWAT, ITE plan operational technology cybersecurity lab for Singapore
OPSWAT, a cybersecurity company focused on protecting critical infrastructure, and Singapore's Institute of Technical Education (ITE) will jointly strengthen operational technology (OT) cybersecurity education in Singapore.
Singtel, IMDA offer AI data management access to up to 10,000 Singapore SMEs
Singtel and Singapore's Infocomm Media Development Authority (IMDA) have launched a program to help small and medium-sized enterprises organize their business data as they prepare to adopt artificial intelligence.
1.2B people in developing Asia-Pacific lack Internet use; $184B investment gap
About 1.2 billion people in Developing Asia-Pacific remain offline despite near-universal mobile coverage, according to a new report from GSMA Intelligence.
