News

SCEX becomes 2nd crypto exchange candidate in Vietnam to reach VND10T requirement

Sacom Crypto Asset Exchange Joint Stock Company (SCEX) has become the second of five crypto-asset trading platform candidates in Vietnam to reach the requirement of charter capital at VND10,000 billion ($380 million).

J&T Express Q3 parcel volume rises 24.8% to 9.58 billion

J&T Express said it handled 9.58 billion parcels worldwide during the third quarter of 2026, an increase of 24.8 percent year over year.The Hong Kong-listed logistics provider reported an average daily parcel vo

Fintech KPay gains Major Payment Institution licence in Singapore, adds online payments

KPay Merchant Service (Singapore), a subsidiary of fintech KPay Group, was granted a Major Payment Institution licence by the Monetary Authority of Singapore (MAS).

Malaysia’s digital wealth platform Cashku adds Muamalat Invest Shariah funds

Cashku, a Malaysian digital wealth platform that describes itself as AI-native, has partnered with fund management Muamalat Invest to widen its range of Shariah-compliant investment products.

Drylab raises $3M seed round to build AI research agents

Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.

US-based Anthropic opens Singapore office, signs MOU with the Singapore government

US-based AI company Anthropic announced Wednesday it is expanding its Asia-Pacific operations by opening a new office in Singapore — its fifth in the region—and signed a Memorandum of Understanding (MOU) with the Singapore Ministry of Digital Development and Information.

Vietnam should review foreign-ownership caps, citing Western firms’ past regrets over JV

Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.

Malaysia’s VentureTECH invest in Hana Medicare & AgriData Portal

The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.

Vietnam’s FPT, France’s Pasqal should turn quantum talks into commitments

Vietnamese Deputy Prime Minister Ho Quoc Dung urged French quantum computing company Pasqal and Vietnam's tech giant FPT to turn their cooperation ideas into concrete programs.

Singapore’s Antares Ventures secures $50M for deep-tech fund, targets $100M

Antares Ventures, a Singapore-based deep-tech venture capital firm, has secured more than $50 million in commitments for its first fund at a second close, an interim closing at which additional investors join.