News

Singapore’s non-oil domestic exports rose 46.2 percent year on year in August as AI-related demand drove another surge in electronics shipments.

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.

Hong Kong's first five-year plan sets out AI governance, fintech infrastructure, startup funding and commercialization measures through 2030.

Maya Bank has introduced a shared credit limit for eligible customers holding both its Landers Cashback and Maya Black credit cards.

Criteo has expanded its reseller partnership with Tyroo Technologies into Thailand, Malaysia and the Philippines to support advertisers across Southeast Asia.

foodpanda has launched an AI plugin that lets users discover restaurants and meal options through ChatGPT and Claude using real-time platform availability.

Cebu Pacific says its enterprise AI program with Thinking Machines and OpenAI has cut processing time across legal, engineering and project-intake workflows.

Anthropic, the developer of Claude AI, will join hands in Western Downs Digital Park, a data center project in Australia worth A$31.9 billion ($22.2 billion).