News

Singapore’s insurtech Igloo launches AI travel insurance assistant in Indonesia, boosting purchase decision 44%

Singapore-based insurtech company Igloo has launched Igi, an AI travel insurance assistant in Indonesia that guides customers through the full purchase journey within a single conversational interface.

18% of Singapore firms have AI security policies, but no tools to enforce

As many as 18 percent of five Singapore organizations have policies against unauthorized AI tools but lack any mechanism to detect violations, according to JFrog's 2026 Software Supply Chain Security State of the Union report released in early June.

Zetrix AI’s Philippines JV inks agreements with multiple government entities for digital payments

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, announced Monday that its joint venture in the Philippines namely MYEG Philippines, Inc. (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities.

Singapore employers willing to pay a premium for AI skills despite softer hiring sentiment – survey

Singapore employers report lower hiring sentiment for the third quarter of 2026, while continuing to indicate a willingness to pay a premium for skills including artificial intelligence (AI) literacy, as well as critical thinking and problem-solving, according to the latest ManpowerGroup Employment Outlook Survey revealed on Tuesday.

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Singapore unveils AI supercomputer to advance climate, healthcare studies

Singapore on Monday launched ASPIRE 2B, a new national supercomputer designed to support advanced artificial intelligence (AI) research and high-performance computing, as the city-state seeks to deepen its position as a regional AI hub and accelerate breakthroughs in areas ranging from climate science to healthcare.

29% of enterprises self-believe in scaling infrastructure amid AI trend

While AI has become a near-universal corporate priority, only 29 percentage of enterprises are confident that their infrastructure can meet evolving business demands, according to a new global study from Tata Communications and Bloomberg Media Studios.

Vietnam’s VinFast delivers 58,577 EVs in Q1/2026, net loss widens to $1.12B

VinFast, the electric vehicle (EV) manufacturer under Vietnam’s conglomerate Vingroup delivered 58,577 EVs in the first quarter of 2026 (Q1/2026), a 61 percent jump year-on-year, but its net loss increased to $1.12 billion as costs continued to outpace revenues.

Temasek leads UK AI firm PhysicsX $300M Series C funding

PhysicsX, the physics artificial intelligence (AI) company for industrials, has on Monday announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion.

Singapore’s Silicon Box secures $78M financing to accelerate growth in advanced packaging

Silicon Box, a Singapore-based advanced semiconductor panel-level packaging and chiplet integration firm, has on Monday announced that it has secured S$100 million ($77.65 million) in debt financing from leading institutional investors – funds managed by Ares Management Corporation (Ares), InnoVen Capital, January Capital Growth Credit (January Capital),…

Sea stands out as AI transforms ASEAN digital economy – Maybank

Artificial intelligence (AI) is reshaping how value is created across Southeast Asia's internet sector, shifting the focus from cost savings to platform capabilities such as fulfilment, payments and consumer trust, with Sea Ltd seen as one of the key beneficiaries of the trend, Maybank Investment Bank said Monday.