News

China's Zhongji Innolight is studying a large-scale high-tech project in the Yen Phong II-A Industrial Park in Vietnam's Bac Ninh province, with an estimated initial investment of approximately $800 million on around 30 hectares of land, expected to create jobs for around 20,000 workers once operational.

The Monetary Authority of Singapore (MAS), on the advice of the Securities Industry Council (SIC), has on Tuesday issued a revised Code on Take-overs and Mergers.

monday.com, an AI work platform, has appointed Chris Jordan as Regional Vice President for Southeast Asia and Country Manager for Singapore, as the company establishes Singapore as its second Asia-Pacific headquarters after Sydney.

Finland's tech giant Nokia was selected by Thailand's telecommunications giant Symphony Communication to upgrade the Malaysia-Cambodia-Thailand subsea cable system, replacing legacy equipment with Nokia's Submarine Line Terminal Equipment.

Acrab, a Singapore-headquartered technology company building agentic AI compute infrastructure, has received over $350 million in cumulative financing throughout its early development.

Malaysia's digitalization agency Digital Penang and Indonesia's startup ecosystem KUMPUL have renewed their memorandum of understanding for 2026 to 2027, reaffirming their commitment to strengthening the startup, innovation, and entrepreneurial ecosystem across Malaysia and the region.

Anthropic's Claude has rapidly gained ground on OpenAI's ChatGPT among Singapore startups, with its customer base growing 258 percent year-on-year and total spend increasing 17 times, according to new data from Singapore-based financial platform Aspire.

Japan's Murata Electronics and Signapore-based Tribe, an open innovation platform, have launched KUMIHIMO Tech Camp Singapore 2026, an open innovation programme inviting MedTech startups across ASEAN and India to co-develop healthcare solutions addressing the region's most pressing medical challenges.

Indosat Ooredoo Hutchison, Adobe, and Indonesia's Ministry of Creative Economy will jointly help Indonesians turn digital access and creativity into economic opportunity, combining Indosat's nationwide reach, Adobe's AI-powered creative tools, and the Ministry's creative economy ecosystem.

Malaysians see strong productivity gains from artificial intelligence (AI) as many as eight in ten Malaysians report that AI tools have helped them save time and improve efficiency, a poll from Ipsos showed Tuesday.