News

Vietnam National Payment Corporation (NAPAS), a payment service in Vietnam, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), a top bank in Vietnam, and China's Ant International have jointly launched a cross-border QR payment service linking Vietnam and China, marking a step forward in digital payment connectivity between the two…

Intel has expanded the role of Santhosh Viswanathan, Vice President and Managing Director for Intel India, appointing him as Vice President and Managing Director for India, Asia Pacific, and Japan (APJ), the tech giant announced on Tuesday.

Mastercard will proceed a rollout of authenticated AI-driven transactions across parts of Southeast Asia, alongside plans to establish a regional artificial intelligence center in Singapore, the company said in a press release on Monday.

Taiwan, mainland China, and Vietnam offer the most competitive costs for data center construction in the Asia-Pacific region, according to the Data Center Construction Cost Guide 2026 conducted by commercial real estate and property management services firm Cushman & Wakefield.

Mitsubishi Motors Corporation will join the Philippine government’s Electric Vehicle Incentive Strategy (EVIS), signaling a move to expand its electrification efforts in the country, the Japanese automaker said in a press release on Monday.

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

Vietnam's tech major VNG Group JSC, associated with China's Tencent, Ant Group, and Singaporean sovereign wealth fund GIC, recorded a post-tax net loss of VND326 billion ($12.4 million) last year, according to its consolidated financial statements for 2025.

Danantara Investment Management, SMBC Aviation Capital, and Mandiri Investment Management announced Wednesday the framework agreement for the development of Mandiri Aviation Leasing Fund, Indonesia's first dedicated aviation leasing investment platform. The initial portfolio value of the fund is around $800 million.

Rosella, an AI-native commercial insurance brokerage, has raised A$3.7 million ($2.56 million) in pre-seed funding led by Southeast Asia-focused Peak XV Partners and Intact Private Capital.

Bank Indonesia and the Bank of Korea have officially launched a cross-border QR-based payment system, enabling Indonesian citizens to make transactions in South Korea using QRIS through domestic apps without the need for currency conversion.