News

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.

Nokia, Indosat, NVIDIA to deploy AI-ready 5G network across Indonesia

Nokia and Indosat Ooredoo Hutchison will jointly modernize Indosat's nationwide mobile network in Indonesia through the deployment of advanced 5G Radio Access Network technologies, with NVIDIA developing AI-integrated network capabilities.

Singapore leads global crypto-friendly cities index as Asia Pacific dominates top 10

Singapore has been ranked the world's most crypto-friendly city in Multipolitan's Crypto Friendly Cities Index 2026, with six Asia Pacific cities making the global top 10, underscoring the region's growing dominance in attracting digital asset capital, founders, and infrastructure.