News

Singapore technology giant Sea Ltd and OpenAI will launch the Sea x OpenAI Codex Hackathon in Singapore on June 6, 2026, marking the start of a regional hackathon series across the Asia-Pacific region.

ENEOS Holdings will acquire American energy giant Chevron’s downstream fuels and lubricants businesses across several Asia-Pacific markets in a transaction valued at $2.17 billion.

BTSE Bhutan, a provider of trading and custody services for virtual asset, has received in-principle approval from the Gelephu Financial Services Office to obtain a Financial Services License in Gelephu Mindfulness City.

Vietnam's leading technological firm FPT and Japan's industrial giant Mitsubishi Motors will collaborate in software and digital technologies, including the potential establishment of a future joint venture focused on the automotive sector.

Enterprises across the Asia-Pacific region are rapidly increasing investments in agentic AI, with 42 percent of organizations planning to allocate at least $1 million to AI agents over the next 12 months, according to a new report released by Informa and technology research firm Omdia.

Melazyme, a precision fermentation startup focused on functional biomolecules, has raised $2 million in a seed funding round led by SeaX Ventures, with participation from Stellaris Venture Partners and Plug and Play Ventures.

The Southeast Asian ecommerce market is on a strong upward trajectory, with potential to reach $289.8 billion by 2029, from $156.3 billion in 2024, a study conducted by payments platform 2C2P by Antom found Wednesday.

Maybank Investment Bank sees Sea's first quarter results reinforce its ability to sustain high growth while deepening structural advantages in e-commerce, logistics and digital finance.

Vietnam’s digital asset exchange could begin official operations as early as the third quarter of 2026 under a pilot framework approved by the government, Deputy Minister of Finance Nguyen Duc Chi said.

The award recognises the joint achievement of both organisations in deploying enterprise-grade AI technology to deliver personalised, scalable financial services and bring best-in-class customer experiences in Malaysia, according to a statement.