News

China’s Alibaba unveils Wukong AI platform for enterprise workflows

China's Alibaba Group has introduced Wukong, an AI-focused enterprise platform designed to enable multiple AI agents to coordinate and perform complex tasks within a unified interface, supported by enterprise-grade security infrastructure.

Vietnam-based SmartSolar secures $3.15M to expand rooftop solar financing for SMEs

Vietnam-based rooftop solar startup SmartSolar has closed a debt financing round, bringing its total funding to $3.15 million in combined equity and debt, as it expands financing solutions for small and medium-sized enterprises (SMEs)) facing rising electricity costs.

Miro sets up Asia Hub in Singapore to accelerate growth and boost AI collaborations

Miro, the global artificial intelligence (AI) innovation workspace, has announced Asia Hub in Singapore to accelerate growth across the region and bring AI collaborations to new markets.

MyRepublic, Singapore Polytechnic team up to drive applied AI innovation through automation Sandbox

MyRepublic and Singapore Polytechnic (SP) have signed a Memorandum of Understanding (MOU) to establish a strategic collaboration to drive applied artificial intelligence (AI) innovation through the co-development of AI training programs leveraging MyRepublic’s AI automation sandbox environment.

RHB sees global semiconductor recovery, robust AI-related demand to support Malaysia’s tech sector

RHB Investment Bank Research sees Malaysia's technology sector revenue and earnings growth momentum to continue to prevail in FY26, supported by the ongoing global semiconductor recovery and robust artificial intelligence (AI)-related demand.

Malaysia’s unicorn Carsome raises over $30M in a strategic fundraising round

With the support from the HKIC, Carsome will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers Carsome for its regional expansion.

Sweden’s Ericsson, Vietnam’s telco VNPT to jointly modernize airport connectivity

Sweden's networking and telecommunications giant Ericsson and Vietnam Posts and Telecommunications Group (VNPT) will jointly deliver next-generation mobile infrastructure for major airport projects in Vietnam.

Vietnam’s EV manufacturer VinFast reports $3.9B net loss in 2025

VinFast, the electric vehicle (EV) manufacturer under Vietnam's top conglomerate Vingroup, reported a revenue of $3.6 billion and delivery of 196,919 vehicles in 2025, according to its preliminary and unaudited financial results released on Tuesday.

Singapore’s dtcpay raises $10M in Series A led by Vertex Ventures SEA & India

Dtcpay, a digital payments company headquartered in Singapore, announced Tuesday it has raised $10 million in Series A funding led by Vertex Ventures Southeast Asia & India.

Penang allocates 10 acres of industrial land for the establishment of Penang ATE Campus

Penang State Government has announced the allocation of 10 acres of land for the development of the Penang Automation, Test and Equipment (ATE) Campus.