News

China’s JinkoSolar terminates $1.5B project in Vietnam due to US tariff on PV panels

China's JinkoSolar, one of the largest solar module manufacturers in the world, has voluntarily terminated its $1.5 billion photovoltaic panel project in Vietnam's northern coastal province of Quang Ninh.

Vietnam can become UAV manufacturing hubs with supply chain strength: Minister

Vietnam is capable of becoming a global unmanned aerial vehicle (UAV) manufacturing hub, thanks to its strengths in workforce, supply chain, affordable cost, and high domestic demand, said Minister of Science and Technology Nguyen Manh Hung.

Singapore Singtel AI platform RE:AI, California-based Cohesity partner on AI search for backup data

Sovereign AI cloud platform RE:AI of Singapore-headquartered Singtel Digital InfraCo has partnered with California-based Cohesity to develop a service that enables enterprises to convert backup archives into searchable data sources for artificial intelligence applications.

Singapore’s Grab provides immediate, interim relief for drivers as oil price surges

Beyond this initial one-time support, Tan said the company is in active discussions with governments, petrol companies, and EV partners to secure more sustainable, long-term ways to protect its "driver- and delivery-partners’ earnings."

Bridge Data Centers to invest up to $3.9B to boost Singapore’s AI infrastructure

Singapore-based hyperscale operator Bridge Data Centers plans to invest between S$3 billion ($2.35 billion) and S$5 billion ($3.92 billion) alongside global partners to strengthen Singapore’s role as a leading artificial intelligence (AI) hub in the Asia-Pacific region, as demand for computing capacity accelerates.

Singapore’s Thunes appoints new CTPO and CFO to drive global expansion, AI innovation

Thunes, the Singapore-based fintech firm, has on Thursday announced two strategic appointments to its executive leadership team: Guy Duncan joins as Chief Technology and Product Officer (CTPO), and Parvinder Bhatia joins as Chief Financial Officer (CFO).

Indonesian tech giant GoTo beats target with $118M EBITDA in 2025

Indonesian tech giant GoTo Group, known for Gojek and Tokopedia, reported adjusted EBITDA of Rp2 trillion ($118 million) for the full year 2025, exceeding its previously issued guidance of Rp1.8 trillion to Rp1.9 trillion, according to the company’s Wednesday release.

Hong Kong-based Accelerated Infrastructure Capital to build $2.1B AI data center in Vietnam HCMC

Hong Kong-based Accelerated Infrastructure Capital (AIC) will jointly build a $2.1 billion AI data center in Ho Chi Minh City, Vietnam's biggest city, according to the municipal authorities.

UK-based asset manager Gresham House to acquire renewable developer Asia Clean Capital Vietnam

UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.

UOB Kay Hian expects Malaysia’s total solar PV capacity to exceed 6.5GW over 2026 to 2029

UOB Kay Hian expects total solar photovoltaic (PV) capacity in Malaysia to exceed 6.5GW over 2026 to 2029 as the government calls for tenders for the Large-scale Solar (LSS) 6 bidding program and the rollout of corporate renewable energy supply scheme (CRESS) projects.