News

As many as 78 percent of Singapore IT leaders say a lack of real-time data infrastructure is stalling their efforts to scale AI, even as 75 percent are already deploying or piloting agentic AI solutions.

Asia Pacific's share of global medtech demand is expected to reach $132 billion by 2030, growing at 6.9 percent annually and faster than the global market, according to a new report by Bain & Company.

Google has unveiled new advertising and video commerce solutions for Southeast Asia at Google Marketing Live Southeast Asia in Singapore.

Singapore and Indonesia are exploring potential collaboration on offtake of imported low-carbon electricity.

PingPong, a Chinese provider of cross-border payment solutions, has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.

ESR, a Singapore-based real asset owner and manager, and PT MC Urban Development Indonesia (MCUDI), a wholly owned subsidiary of Mitsubishi Corporation, have entered into a joint development agreement to develop two institutional‑grade logistics and industrial facilities in Greater Jakarta.

Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.

Singapore's Minister for Digital Development and Information Josephine Teo and Grab Co-founder and Group CEO Anthony Tan are among more than 40 founding members of the newly-launched AI for Good Global Commission.

Singapore-headquartered fintech M-DAQ Global has signed definitive agreements for a strategic integration with METech, the majority shareholder of PayME, a licensed payments service provider in Vietnam, giving M-DAQ its own regulated payments infrastructure in the country with direct access to Vietnamese dong collection and payout rails.

LG Innotek is set to kick off the construction of its $1 billion semiconductor substrate packaging plant in Vietnam's northern coastal city of Hai Phong, in the third quarter of 2026.