News

Penang launches ATE Campus as next engine of Malaysia’s industrial transformation

The Penang State Government has on last Friday officially launched the Penang Automation, Test and Equipment (ATE) Campus, a strategic initiative aimed at positioning the ATE sector as the next engine for Malaysia’s industrial transformation.

EVs overtake combustion cars in Singapore first quarter sales

Electric vehicles (EVs) made up 57.6 percent of the 13,322 new cars registered in Singapore in the first quarter of 2026, marking the first time they have outsold both internal combustion engine and hybrid models, the Strait Times reported on Monday.

Vietnam, Singapore firms to develop 2 data centers of $1B in HCMC

The authorities in Vietnam's Ho Chi Minh City granted investment registration certificates to several projects last Saturday, including two data center projects with combined capital of nearly $1 billion, in cooperation with Singapore businesses.

Moody’s upgrades Grab’s CFR to Ba2 with stable outlook

Moody's Ratings has upgraded the corporate family rating (CFR) of Grab Holdings Inc to Ba2 from Ba3 and changed the outlook to stable from positive.

US’s Robinhood secures in-principle approval to launch brokerage in Singapore

US fintech firm Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to offer brokerage services.

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.