News

MBSB Research has maintained its positive stance on Malaysia's renewable energy (RE) subsector, as accelerating data center electricity demand is driving a broader power capacity upcycle across generation, grid infrastructure, RE and battery energy storage system (BESS).

Hanoi police have issued an administrative fine against DXH, a local citizen making post to urge Grab drivers to stop working as a "labor strike" against the Singapore-based ride-hailing service.

Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).

Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.

VinFast has signed agreements with 13 dealer partners to develop 27 new showrooms across the Philippines as it targets a 60-dealership network in 2026.

Z.AI proposes a Hong Kong share placement and a separate convertible-bond issue with combined gross proceeds of about $5 billion, subject to closing conditions.

Green GSM Philippines is holding a September 12 to 14 driver partner festival expected to draw up to 5,000 people, with 1,000 EVs set for handover.

American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.

Vietnam's budget airline Vietjet and France's aerospace giant Thales will expand their cooperation in aircraft maintenance, digital aviation, artificial intelligence (AI), and cybersecurity.

Anthropic co-founder and chief executive Dario Amodei has called on the AI industry to "deliberately" slow the pace of developing models.