News
DBS PayLah! users gain access to over 100 million QR merchants in China
More than three million DBS PayLah! users in Singapore can now make QR payments at over 100 million merchants across mainland China through Alipay and Weixin Pay networks, expanding the bank's cross-border payment coverage in the country, DBS said on Thursday.
Asia’s AI boom brings growth opportunities but exposes ASEAN+3 to timing risks, says AMRO
Asia’s artificial intelligence (AI) investment boom is supporting exports and economic growth across ASEAN+3, but differences in the pace of infrastructure development, productivity gains and financial market adjustments could expose the region to risks if expectations outpace economic fundamentals, according to the ASEAN+3 Macroeconomic Research Office…
SeaX Ventures connects US heart-monitor startup Skribe to Southeast Asian clinics
SeaX Ventures, a venture capital firm headquartered in San Francisco with office in Bangkok, has helped US medical technology company Skribe Medical run clinical research in Southeast Asia, connecting the startup with hospital partners and recruiting more than 100 patients for its studies.
Alibaba advances T-Head chip unit toward Hong Kong listing
Alibaba has received HKEX confirmation to proceed with a proposed spin-off and Hong Kong listing of chip subsidiary T-Head, subject to approvals and market conditions.
TSMC approves up to $1 billion in OpenAI and Anthropic investments
TSMC's board approved potential investments of up to $500 million each in OpenAI and Anthropic, alongside $40.93 billion in capital appropriations.
Vietnam’s Stavian Group, Japan’s Midas Capital sign $1B submarine cable-AI infrastructure deal for Vietnam
Vietnam's conglomerate Stavian Group and Japan's Midas Capital will jointly invest in a submarine cable and digital infrastructure project in Vietnam, worth $1 billion.
Vietnam’s FPT, Japan’s SBI Holdings to collaborate in memory chip packaging plant
Vietnam's tech giant FPT and Japan's SBI Holdings, will jointly explore whether SBI will invest in a memory chip packaging and testing plant that FPT plans to build in Vietnam.
Airwallex plans $1.6B Singapore investment as co-headquarters, targets 1,000 jobs
Airwallex, a global financial platform, plans to invest more than S$2 billion ($1.56 billion) in Singapore and grow its local workforce to more than 1,000 employees over the next five years.
INA backs Vena’s renewable energy projects in Indonesia and the Philippines
Vena Global Group and Indonesia Investment Authority (INA), Indonesia’s sovereign wealth fund, announced Wednesday a strategic partnership through which INA has invested in a 2.8 GW portfolio of Vena Group renewable energy projects in Indonesia and the Philippines, comprising operational, construction, contracted, and development-stage solar and wind…
VinFast launches new VF 8 in the Philippines from PHP 1.55 million
VinFast has launched the new VF 8 electric SUV in the Philippines from PHP 1.55 million, with customer deliveries expected in November 2026.
