News
AI Game Studio Onibi raises funding from SeaX Ventures to develop open-world RPG Tomo: Endless Blue
Onibi, an independent game studio developing AI-powered open-world multiplayer RPG Tomo: Endless Blue, has closed a strategic funding round led by Thailand-based SeaX Ventures and France-based Pix Capital.
Canadian aerospace manufacturer Bombardier doubles Singapore footprint with $78M investment
Canadian aerospace manufacturer Bombardier has on Tuesday announced plans to expand its Singapore Service Center at JTC’s Seletar Aerospace Park with the addition of a newly built nearby facility of approximately 250,000 square feet at S$100 million ($78 million) investment.
Singapore’s Arki Finance receives capital markets licence ahead of wealth platform launch
Arki Finance, a Singapore-based wealth management fintech targeting the mass affluent, has received its Capital Markets Services License from the Monetary Authority of Singapore, ahead of its public launch later this year.
US AI note taker brand Plaud doubles down in Singapore as its Asia-Pacific headquarters
Plaud, the US artificial intelligence (AI) note taker brand, has on Wednesday announced plans to expand its Asia-Pacific headquarters in Singapore with an investment of over S$10 million ($7.77 million) to strengthens its presence in the region.
Philippines invites Vietnam’s VinFast to expand in economic zone
The Philippines Economic Zone Authority (PEZA) has invited Vietnamese firms, especially electric vehicle (EV) manufacturer VinFast, to explore manufacturing opportunities in its economic zones.
Malaysia’s GreatAsic raises $6.9M to build custom AI chip design capabilities
Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.
86% of Asia Pacific banks say AI increases fraud sophistication
As many as 86 percent of financial institution leaders across Asia Pacific believe AI has increased the sophistication of fraud and scams, while 79 percent say their institutions have already encountered attacks utilizing agentic AI, according to a survey conducted by network and computer security firm BioCatch.
Germany’s Infineon, Vietnam’s VinRobotics to jointly to develop humanoid robots
Germany's Infineon Technologies and VinRobotics, a robotics company established by Vietnam's conglomerate Vingroup, will collaborate on the development of humanoid robots, with a joint competency center to be established at VinRobotics' Hanoi office.
Singapore collaborates with Tanzania on carbon credits
Singapore and Tanzania have signed a memorandum of understanding (MOU) on carbon credits collaboration under Article 6 of the Paris Agreement on Tuesday.
EVs remain a key growth in the Philippine automotive sector – Maybank
While the Philippine automotive industry sales remain under pressure, Maybank Investment Bank sees electric vehicles remain a key growth in the sector.
