News
Vietnam’s FPT, Japan’s Mitsubishi Motors to collaborate in AI, automotive software
Vietnam's leading technological firm FPT and Japan's industrial giant Mitsubishi Motors will collaborate in software and digital technologies, including the potential establishment of a future joint venture focused on the automotive sector.
42% of APAC enterprises to spend at least $1M on AI agents in next 12 months
Enterprises across the Asia-Pacific region are rapidly increasing investments in agentic AI, with 42 percent of organizations planning to allocate at least $1 million to AI agents over the next 12 months, according to a new report released by Informa and technology research firm Omdia.
Melazyme raises $2M seed round from Thailand-based SeaX to scale precision fermentation platform
Melazyme, a precision fermentation startup focused on functional biomolecules, has raised $2 million in a seed funding round led by SeaX Ventures, with participation from Stellaris Venture Partners and Plug and Play Ventures.
Southeast Asia’s e-commerce market to reach $289.8B by 2029 – study
The Southeast Asian ecommerce market is on a strong upward trajectory, with potential to reach $289.8 billion by 2029, from $156.3 billion in 2024, a study conducted by payments platform 2C2P by Antom found Wednesday.
Maybank: Sea Q1 underscores durable growth momentum
Maybank Investment Bank sees Sea's first quarter results reinforce its ability to sustain high growth while deepening structural advantages in e-commerce, logistics and digital finance.
Vietnam can launch digital asset exchange in Q3 this year, says Deputy Minister
Vietnam’s digital asset exchange could begin official operations as early as the third quarter of 2026 under a pilot framework approved by the government, Deputy Minister of Finance Nguyen Duc Chi said.
Ant Digital Technologies & RYT Bank win Best AI-Powered Customer Experience Award in Malaysia
The award recognises the joint achievement of both organisations in deploying enterprise-grade AI technology to deliver personalised, scalable financial services and bring best-in-class customer experiences in Malaysia, according to a statement.
APAC Banks lead global push into digital assets, but operational challenges remain
Financial institutions across Asia-Pacific are moving aggressively to build digital asset infrastructure, with custody and tokenized securities emerging as key priorities, according to 2026 survey report “The Financial Grid” conducted by digital asset infrastructure company Fireblocks.
Banks prepare for AI-human workforce as adoption accelerates: nCino survey
Most bankers expect artificial intelligence (AI) agents to become part of the workforce within the next five years, according to the “AI in Banking Benchmark” report released by NASDAQ-listed nCino, a platform for agentic AI banking.
AWARP secures investment Animoca Brands for ASEAN financial infrastructure expansion
AWARP, a financial infrastructure project focused on emerging markets, has secured a strategic investment from Animoca Brands to support the development of real-world asset (RWA) tokenization and cross-border payment networks.
