News

Malaysian manufacturing sector sees business use of AI outpaces factory transformation

Malaysian manufacturing sector sees business use of artificial intelligence (AI) outpaces factory transformation, a survey conducted by the Federation of Malaysian Manufacturing (FMM) showed on Thursday.

Singapore, Lao PDR sign implementation agreement on carbon credits collaboration

Singapore and the Lao People’s Democratic Republic (Lao PDR) have signed an Implementation Agreement on carbon credits collaboration under Article 6 of the Paris Agreement on Friday.

Singapore-based Ant International gets Brazil payment-institution licence

Singapore’s Ant International has received a payment-institution license from Brazil's central bank, expanding its regulated presence in the country's payments market.

Ping An Digital Bank launches e-commerce financing

Ping An Digital Bank has launched receivables-backed financing of up to $5 million for eligible cross-border e-commerce merchants.

Tencent Hy4 preview model launch graphic

Tencent open-sources 770B-parameter Hy4 preview

Tencent has open-sourced Hy4 preview, a 770-billion-parameter model with 49 billion active parameters and a one-million-token context window.

Vietnam seeks to restrict U16 players’ daily game time at 60 minutes, require parental control

Vietnam seeks to cap the daily playing time of under-16 gamers at 60 minutes and require parents to register their accounts, according to draft rules for online games compiled by the Ministry of Culture, Sports and Tourism.

Ngee Ann Polytechnic launches workforce transformation center

Ngee Ann Polytechnic has launched SH1F+, a workforce transformation center working with EY on job redesign, capability building and workplace learning.

Singapore’s Hivebotics raises $6M led by Vertex to scale restroom-cleaning robots

Singapore-based autonomous robot builder Hivebotics has raised $6 million in a Series A round led by Vertex Ventures Southeast Asia & India, to move its restroom-cleaning robot from pilot deployments into volume production.

Vietnam will not ban social media for under-16s, but requires parental oversight

Vietnam seeks to require parents to register and supervise social-media accounts for their under-16 children and ban under-13 kids from posting, commenting, or sharing on social media, under draft rules of the Ministry of Culture, Sports and Tourism.

XTransfer gets initial UAE approval for payment services license

XTransfer has secured in-principle approval for a UAE retail payment services license, subject to completing the central bank's pre-issuance conditions.