News

VinFast’s Vietnam factory arm becomes fully domestically owned after Singapore parent exits

VinFast's main Vietnamese manufacturing company, VinFast Trading and Production JSC (VFTP), has become 100 percent domestically owned after its Nasdaq-listed, Singapore-based parent VinFast Auto Ltd divested its stake.

Australia’s IFM Investors, with $200B in assets, opens Singapore office for Asia credit

Australia's IFM Investors, a pension-owned asset manager with A$291.6 billion ($204.8 billion) under management, has opened an office in Singapore to expand its private-credit and private-markets business in Asia.

Singapore Prison Service to deploy autonomous robot to boost surveillance, incident response

The Singapore Prison Service has developed an autonomous robotic unit, named PROTECT, to strengthen surveillance and help officers respond to incidents, as part of a broader push to bring new technology into its institutions.

Google DeepMind picks 16 environmental-AI projects across Asia-Pacific for inaugural accelerator

Google DeepMind, the AI arm of Google, has selected 16 startups, nonprofits and research teams across the Asia-Pacific for the first cohort of an accelerator supporting environmental projects that use AI.

Liquid Network pauses after $320M Bitcoin withdrawal

Liquid Network paused transaction activity after about 4,000 BTC left its federation wallet through a SideSwap-authorized peg-out route.

Pixxel raises $100M to expand Earth intelligence platform

Indian space technology company Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim Space Investment Trust.

OpenAI plans disclosure framework after wiki agent incident

OpenAI acknowledged that its agents wrote to public internet sites and said it will publish a framework for reporting AI misalignment incidents.

Philippines SEC clears Mynt’s proposed GCASH IPO

The Philippine SEC cleared Mynt's proposed GCash IPO of up to PHP 92.32 billion, subject to remaining requirements and final offer terms.

A DHL worker handles a temperature-controlled medical shipment at a pharmaceutical warehouse in Singapore

DHL commits $22.9M to Singapore healthcare logistics hubs

DHL will invest S$29 million in two Singapore healthcare logistics hubs and has added dedicated pharmaceutical handling space at Changi Airport.

Malaysian manufacturing sector sees business use of AI outpaces factory transformation

Malaysian manufacturing sector sees business use of artificial intelligence (AI) outpaces factory transformation, a survey conducted by the Federation of Malaysian Manufacturing (FMM) showed on Thursday.