News

PwC Singapore commits $3.1M for AI trade hub

PwC Singapore said Wednesday that it will invest S$4 million ($3.1 million) over three years to establish the Trade Advisory Hub that invests heavily on artificial intelligence (AI) in Singapore.

Vietnam’s electric vehicle maker VinFast reports 4,893 overseas sales in Q1/2026

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

Alibaba Cloud expands lead in Asia-Pacific IaaS market: Gartner Report

Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.

Singapore’s Tazapay partners ClearBank for Asia–Europe payments

ClearBank, the global payment firm, has announced a new partnership with Singaporean payments infrastructure provider Tazapay to strengthen payment flows between Asia and Europe.

Nium, Coinbase team up for global stablecoin payments and settlement

Nium, the Singapore-based payments firm, has announced a partnership with American cryptocurrency exchange company Coinbase to enable USDC stablecoin payments across its platform.

Singapore’s Thunes expands payments services into New Zealand

Thunes, the Singapore-based payment, has on Tuesday announced the expansion of its Direct Global Network with the launch of direct, real-time Pay-to-Bank services into New Zealand.

Singapore invites proposals for autonomous inter-gateway vessels

The Maritime and Port Authority of Singapore (MPA) and PSA Singapore (PSA) have on Wednesday launched an expression of interest (EOI) to invite proposals to develop and test autonomous inter-gateway container feeder vessel operations within Singapore’s port.

Cape EMS expands into advanced interconnect engineering for EV mobility, AI infrastructure, energy systems with GrandCape

Malaysia-based Cape EMS Berhad has on Tuesday announced the establishment of GrandCape (M) Sdn Bhd through a joint venture with New Grand Tech (HK) Limited, to expand into advanced interconnect engineering for electric vehicle (EV) mobility, artificial intelligence (AI) infrastructure, energy systems.

MPA, UNCTAD partner to support global maritime transition in decarbonization, digitalization

The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MOU) with the United Nations Conference on Trade and Development (UNCTAD) to support maritime decarbonization and digitalization efforts globally.

Singapore’s 10th Smart Port Challenge expands support to scale maritime startups

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial heart of the National University of Singapore, have launched the 10th edition of the PIER71 Smart Port Challenge (SPC) at Singapore Maritime Week 2026, with expanded support to help maritime start-ups scale, secure funding, and deploy their solutions.