News

China’s JETOUR unveils “Travel+” strategy at Auto China 2026

To date, JETOUR has sold over 2.27 million vehicles globally, covering 100 countries and regions, and has won the support of more than 50 million fans worldwide.

Malaysia deepens national AI partnership with Microsoft

Malaysia’s Ministry of Digital and Microsoft have on Friday announced the launch of Microsoft Elevate, an expanded national artificial intelligence (AI) capacity building initiative to strengthen Malaysia’s AI readiness, aligned with the country’s AI Nation 2030 ambitions.

DBS expands AI program to boost SME AI adoption

DBS, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA), have on Friday announced an enhanced version of its Spark GenAI program to help small and medium enterprises (SMEs) accelerating their artificial intelligence (AI) transformation.

BII launches $1.5B new climate initiative for Asia

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has on Thursday launched $1.5 billion new climate initiative for Asia.

Korea’s SK Innovation to build 1,500 MW power plant in Vietnam to support AI data center

South Korea's SK Innovation plans to develop a 1,500 MW LNG-fired power plant in Vietnam, partly to electrify a AI data center, highlighting the growing link between energy infrastructure and digital development.

Southeast Asia private equity market falls 10% to $14B amid exit constraints

Southeast Asia’s private equity market remained subdued in 2025, with total deal value declining about 10 percent year-on-year to $14.3 billion across 84 transactions, according to the "Southeast Asia Private Equity Report 2026" report conducted by Bain & Company.

Vietnam, South Korea launch cross-border QR payment service

Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.

Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo

Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.

Malaysia’s digital payments rise as 8.44 billion transactions processed in 2025

Payments Network Malaysia Sdn Bhd (PayNet) said Thursday it processed 8.44 billion digital payment transactions in 2025, reflecting how digital payments are increasingly the preferred payment method across Malaysia, driven by continued adoption across banks, non-banks participants, businesses and consumers.