News
Vietnam gets first investment-grade rating at BBB- from Japan’s R&I, big 3 still rate it lower
Vietnam has received its first investment-grade sovereign credit rating at BBB- from Japan's Rating and Investment Information (R&I), among the largest Japan-based rating agencies.
Vietnam’s EV maker VinFast debuts buses in US, to push sustainable mobility growth
VinFast, the electric vehicle (EV) maker under Vietnam’s conglomerate Vingroup, will bring its state-of-the-art all-electric bus (e-bus) models to the U.S. market through a partnership with NexMove Certified.
UK’s Universal Quantum raises $100M, with EDBI backing a Singapore R&D hub
Universal Quantum, a British quantum-computing company, has raised more than $100 million in a Series A round backed by Singapore's sovereign investor EDBI.
GlobalFoundries and TSMC sign $2B AI packaging deal
GlobalFoundries will manufacture silicon interposers for TSMC's CoWoS ecosystem under a five-year, $2 billion agreement, with production set to ramp in 2028.
SoftBank, Grab & PETROS to explore AI infrastructure & ecosystem development in Sarawak, Malaysia
Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.
Endeavor Catalyst closes $320M Fund V, names Asia a pipeline priority
Endeavor Catalyst has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.
U Mobile, Telenor Linx launch SIM-based phone-number verification in Malaysia
U Mobile and Telenor Linx have launched SIM-based phone-number verification in Malaysia, with Firebase support for developers.
Manus parent Butterfly Effect raises more than $500 million after Meta exit
Butterfly Effect, the parent of Singapore-headquartered AI agent startup Manus, has raised more than $500 million after unwinding its Meta acquisition.
Mint’s Axonex signs €3M robotics OEM program with Ireland’s Centridex
Mint's Axonex Robotics has signed a two-year OEM and licensing program with Centridex that carries a potential value of about €3 million.
Singapore Fashion Council launches sustainability-readiness tool for ASEAN industry
Singapore Fashion Council has launched a Sustainability Readiness Intelligence tool to help ASEAN fashion businesses assess regulatory and market readiness.
