News

VinFast India partners with Yes Bank to offer EV financing solutions

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) brand VinFast, has signed a memorandum of understanding (MOU) with YES BANK, Indias sixth-largest private sector bank, to provide retail and inventory financing for its exclusive dealer network.

MAS proposes to consolidate listing review functions under SGX RegCo to streamline listing process

The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to consolidate the listing review functions under the Singapore Exchange Regulation (SGX RegCo) with a view to streamline the listing process.

HSBC Innovation Banking launches in Singapore with $1.5B funding

Global banking group HSBC announced Wednesday the launch of Innovation Banking in Singapore, a dedicated proposition to further deepen its support to the innovation and venture ecosystem in Singapore and across the region.

22 Asean – Korea finalists announced for AI Youth Festa 2025

The competition, one of the projects under the Korea - ASEAN Digital Innovation Flagship Project (KADIF), funded by the ASEAN-Korea Cooperation Fund through the Government of Korea, seeks to advance the growth of the regional AI startup ecosystem and contribute to the achievement of the United Nations Sustainable Development Goals (SDGs).

Carro posts record revenues, gross profit for FY2025

Carro, Asia Pacific’s largest online automotive platform, has posted a strong FY2025, achieving record revenues of S$1.2 billion ($920 million) and a gross profit of S$149 million ($111 million).

Former Tesla team launches IndustrialMind.ai, raising $1.2M

IndustrialMind.ai, an artificial intelligence (AI) company founded by former Tesla manufacturing AI team, announced Thursday a $1.2 million pre-seed round.

Weixin Pay integrates with Thailand’s PromptPay to enhance cross-border payment convenience for Chinese tourists 

Weixin Pay has signed a strategic cooperation agreement with National ITMX (NITMX), the operator of Thailand's national real-time payment system, PromptPay.

TikTok inks partnership with Vietnam’s Ministry of Culture, Sports and Tourism to boost digital ecosystem

TikTok, the subsidiary of the China-based tech firm ByteDance, has signed a Memorandum of Understanding (MOU) with the Center of Digital Transformation under Vietnam's Ministry of Culture, Sports and Tourism to boost the country's digital ecosystem.

Microsoft, Enterprise Singapore and NUS Enterprise team up to provide funding for 150 AI startups

Microsoft, Enterprise Singapore and NUS Enterprise – the entrepreneurial heart of the National University of Singapore (NUS), have teamed up to offer up to 150 qualified artificial intelligence (AI) startups with more streamlined access to funding through the Startup SG Tech grant over the next three years.

GoTo posts first ever profit, raises full year guidance

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Wednesday it has generated an adjusted pre-tax profit for the first time and has raised its guidance for the full year.