News

Singapore announced a series of new artificial intelligence initiatives and global partnerships at ATxSummit 2026, signaling a shift toward large-scale deployment of AI systems across public services, enterprise, manufacturing, and robotics.

Vietnam's Hanoi capital city, South Korea's LG Energy Solution, and Japan's Honda Motor will jointly develop a large-scale electric motorcycle battery-swapping network, starting with 50 pilot stations in 2026 and expanding to a projected 1,000 locations citywide by 2027.

VinFast, the electric vehicle maker under Vietnam’s conglomerate Vingroup, has launched an early booking program in Indonesia for three battery-swapping electric motorcycle models — the VinFast Evo, VinFast Feliz II, and VinFast Viper.

Singapore’s Ministry of Digital Development and Information (MDDI) and OpenAI will launch “OpenAI for Singapore,” a joint initiative aimed at strengthening the country’s position as a hub for applied AI innovation.

Malaysia-based integrated circuit firm SkyeChip soared in its main market debut on Wednesday after the firm raised MYR 352 million ($88.62 million) from the initial public offering (IPO).

London-based Primer, a global payment facilitator, has raised $100 million in a Series C funding round as the company expands its AI-enabled payments and finance infrastructure platform.

Japanese electronics firm TDK will acquire 100 percent of the ordinary shares of Malaysia's lithium-ion rechargeable batteries firm Linergy Power Sdn Bhd at $240 million.

GenZero, a Temasek-owned investment platform focused on accelerating global decarbonization, announced Wednesday a secondary purchase of a fund interest in Seraya Partners Fund I from the Asian Infrastructure Investment Bank (AIIB), a multilateral development bank focused on financing sustainable infrastructure to drive inclusive growth.

Southeast Asia's quick commerce gross merchandise value (GMV) reached $7.3 billion in 2025, equivalent to 4.6 percent of the region's ecommerce GMV but still less than 1 percent of total retail, Momentum Works said Wednesday.

Starting in 2027, Singapore will undertake an assessment by international experts to determine the country’s ability to make an informed decision on the potential deployment of advanced nuclear energy technologies in the future, its government agencies said Tuesday.