News

Vietnam’s VinFast ships over 5,000 EVs to Europe, Southeast Asia in 2 days

Vietnam's VinFast loaded more than 5,000 electric vehicles onto two cargo vessels at Hai Phong Port on July 20 and 21, marking the company's 37th and 38th dedicated export shipments in less than four years since its first international delivery of 999 vehicles in late 2022.

Japan’s JCB, Malaysia’s Fiuu to jointly expand card payments across Malaysia, Singapore, Philippines

Japan's JCB International and Malaysia's Fiuu, a payment processing platform formerly known as Razer Merchant Services, have entered into a direct acquiring partnership covering Malaysia, Singapore, and the Philippines, enabling JCB card payments across online and offline merchant channels in the three markets.

Singapore’s GIC achieves annualized USD nominal rate of return of 5.6 pct over 20-year period; focuses on AI investment

Singapore sovereign wealth fund GIC portfolio achieved an annualized USD nominal rate of return of 5.6 percent over the 20-year period that ended on March 31, 2026.

China’s Huawei Cloud launches agentic AI infrastructure, coding agent beta in Thailand

Huawei Cloud has announced its Agentic Infrastructure for Thailand and launched an open beta of its CodeArts Agent coding platform at the Huawei Cloud Summit Thailand 2026, the Chinese giant said in a statement on Friday.

Singapore, Thailand sign MoU on cybersecurity cooperation, digital fraud protection

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) signed a Memorandum of Understanding (MoU) on cybersecurity cooperation and digital fraud protection.

ADM Capital announces final close of Asia Climate-smart Landscapes Fund at $48M

ADM Capital announced Wednesday the final close of the ADM Capital Asia Climate-smart Landscapes Fund LP (ACLF) at $48 million, marking an important milestone for ADM Capital’s first impact fund dedicated to climate-smart land-use financing in Indonesia.

Singapore’s Ant International adds Hang Seng Bank to Alipay+ as first Hong Kong banking partner

Singapore's Ant International has added Hong Kong's Hang Seng Bank to its Alipay+ payment network as the gateway's first banking partner in Hong Kong, allowing Hang Seng Mobile App users to make QR code payments at more than 100 million merchants across more than 55 countries and regions.

Singapore’s AI facilitator Ropedia raises $22M pre-Series A for physical AI data infrastructure, $30m in total

Singapore-based Ropedia, a data infrastructure company for physical AI and robotics, has raised $22 million in a Pre-Series A round, bringing its total funding to $30 million.

Canada’s NEO Battery Materials receives 10,000-unit drone cell order, approaching e-mobility expansion in Vietnam, Southeast Asia

Canada-based NEO Battery Materials has received a purchase order for 10,000 units of its 34Ah drone battery cells from South Korea's battery pack manufacturer PM Energy Solution, the former said in a statement on Thursday.

Vietnam should fast-track fintech sandbox as financial centers take shape

Vietnam should speed up the update of its regulatory sandbox framework for financial technology (fintech) sector as the country has established international financial centers in Ho Chi Minh City and Danang and pursues a double-digit economic growth target.