News
Vietnam, Singapore firms to develop 2 data centers of $1B in HCMC
The authorities in Vietnam's Ho Chi Minh City granted investment registration certificates to several projects last Saturday, including two data center projects with combined capital of nearly $1 billion, in cooperation with Singapore businesses.
Moody’s upgrades Grab’s CFR to Ba2 with stable outlook
Moody's Ratings has upgraded the corporate family rating (CFR) of Grab Holdings Inc to Ba2 from Ba3 and changed the outlook to stable from positive.
US-based Robinhood secures in-principle approval to launch brokerage in Singapore
US fintech firm Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to offer brokerage services.
China’s JETOUR unveils “Travel+” strategy at Auto China 2026
To date, JETOUR has sold over 2.27 million vehicles globally, covering 100 countries and regions, and has won the support of more than 50 million fans worldwide.
Malaysia deepens national AI partnership with Microsoft
Malaysia’s Ministry of Digital and Microsoft have on Friday announced the launch of Microsoft Elevate, an expanded national artificial intelligence (AI) capacity building initiative to strengthen Malaysia’s AI readiness, aligned with the country’s AI Nation 2030 ambitions.
DBS expands AI program to boost SME AI adoption
DBS, in partnership with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA), have on Friday announced an enhanced version of its Spark GenAI program to help small and medium enterprises (SMEs) accelerating their artificial intelligence (AI) transformation.
BII launches $1.5B new climate initiative for Asia
British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has on Thursday launched $1.5 billion new climate initiative for Asia.
Korea’s SK Innovation to build 1,500 MW power plant in Vietnam to support AI data center
South Korea's SK Innovation plans to develop a 1,500 MW LNG-fired power plant in Vietnam, partly to electrify a AI data center, highlighting the growing link between energy infrastructure and digital development.
Southeast Asia private equity market falls 10% to $14B amid exit constraints
Southeast Asia’s private equity market remained subdued in 2025, with total deal value declining about 10 percent year-on-year to $14.3 billion across 84 transactions, according to the "Southeast Asia Private Equity Report 2026" report conducted by Bain & Company.
Vietnam, South Korea launch cross-border QR payment service
Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.
