News
Chipmaker Intel to invest $2.6B more in Vietnam, $4.1B in total
Intel is set to invest $2.6 billion more in Vietnam, raising the total investment to $4.1 billion, the U.S. chipmaker said in a statement on Friday, at its 20th anniversary of operation in Vietnam.
Vietnam’s VinFast rolls off its one millionth electric motorcycle after 8 years of production
VinFast, the electric vehicle (EV) manufacturer under Vietnam’s conglomerate Vingroup, has produced its one millionth electric motorcycle, nearly eight years after it began manufacturing the Klara, its first electric motorcycle model, in November 2018.
Malaysia’s Central Bank, World Bank, UNDP assess nature risks in Malaysian financial sector
Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Program Biodiversity Finance Initiative (UNDP BIOFIN) have on Thursday released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.'
Granite Asia opens Galatek Technologies facility in Malaysia. to increase investment to $100M
Granite Asia, a pan-Asia investment platform with over $10 billion in assets under management, has marked the facility opening of its portfolio company Galatek Technologies in Penang (Malaysia).
KKR partners KIA, NVIDIA and Vistra to launch $10B AI fund
KKR, together with the Kuwait Investment Authority (KIA), NVIDIA and Vistra, announced Thursday the launch of a $10 billion fund to finance and deliver the next generation of artficial intelligence (AI) infrastructure.
Singapore pushes AI standards push under new 2035 roadmap
Singapore has unveiled a long-term strategy to strengthen its role in global standards-setting for artificial intelligence (AI), as the city-state seeks to position itself as a trusted hub for digital trade and emerging technologies.
China’s robotics-AI vision provider Orbbec begins building 5M-item factory in Vietnam,
China's Orbbec has broken ground on its overseas manufacturing factory in the northern province of Bac Ninh in Vietnam, as the 3D vision sensor maker moves to build a more resilient global production network.
Taiwan’s QBit Semiconductor acquires 60% stake in Singapore’s SinChip to expand ASIC design services
Taiwan's QBit Semiconductor has acquired a 60 percent stake in Singapore-based SinChip Technology, as part of a push to expand its application-specific integrated circuits (ASIC) design services into Edge AI, high-performance computing, optical communications, and automotive sectors.
SHOPLINE, Trozo partner to offer AI marketing tools to consumer brands
SHOPLINE, a global commerce platform, and Bengaluru-based Trozo have announced a strategic partnership to provide AI marketing and customer engagement tools to SHOPLINE merchants.
Singapore SMEs most cautious about international expansion among global peers
Leaders of Singapore's small and medium-sized enterprise (SME) are the least optimistic about international expansion among all markets surveyed globally, scoring 7.2 out of 10 compared to a global average of 8.2, according to the third edition of Kreston Global's Interpreneur Report.
