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Alipay launches AI payment solution, AI wallet, Token Pay services as AI commerce expands

China’s online and mobile payment platform Alipay  has introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services, namely the world’s first AI Wallet and Token Pay, to support the agentic economy’s rapid growth.

Australia commits $10M to climate investment fund of Vietnam’s Do Ventures

The Australian Government has committed up to $10 million to Fund II of Vietnam's Do Ventures , in order to support climate-focused businesses in Vietnam and strengthening the country’s climate investment market.

KPMG launches AI trust hub in Singapore to support enterprise adoption

KPMG has launched a Trusted Artificial Intelligence Centre of Excellence in Singapore, aimed at helping organizations strengthen governance and trust in artificial intelligence systems as adoption accelerates across industries.

Vietnam’s EV manufacturer VinFast appoints eldest son of CEO as new chairman

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate Vingroup, has appointed Pham Nhat Quan Anh, the eldest son of VinFast CEO Pham Nhat Vuong, as Chairman of the Board of Directors, effective May 23, as the company prepares for its next phase of global expansion.

Moody’s foresees South and Southeast Asia’s data center to grow at CAGR of 24 percent over next four to five years

Moody's Ratings expects South and Southeast Asia's data center will grow at a compound annual growth rate (CAGR) of 24 percent over the next four to five years, subject to power and permitting constraints.

HSBC launches $4B clean energy facility, targeting China-Vietnam green trade

HSBC has launched a dedicated credit facility of $4 billion for mainland China companies in the clean energy and low-carbon sectors, with Vietnam identified as a key destination for the initiative.

Google Cloud opens Southeast Asia AI corridor, offering 25 Startups $350,000

Google Cloud has launched a new cross-border accelerator program, in order to connect 25 Southeast Asian AI startups with technology and investment hubs in California, offering each selected founder up to $350,000 in cloud credits.

AirAsia MOVE, Intebix, Solana Foundation team up to explore stablecoin integration in Kazakhstan

AirAsia MOVE, Intebix, and the Solana Foundation have on Monday signed a letter of intent (LOI) to explore a strategic collaboration which will explore integrating Evo (KTZE), a Tenge-denominated stablecoin on Solana into the AirAsia MOVE platform in Kazakhstan, with the aim of expanding digital payment options and creating a more seamless travel…

Singapore’s Mapletree Industrial Trust sells Philadelphia data center for $14.5M

Singapore-based Mapletree Industrial Trust (MIT) will divest from a data center property in Philadelphia, Pennsylvania, the United States for $14.5 million.

A*STAR, Commonwealth Fusion Systems sign collaborative research agreement to advance fusion supply chain capabilities in Singapore

Singapore is strengthening its position in the emerging fusion energy ecosystem through a strategic research agreement between the Agency for Science, Technology and Research (A*STAR) and Commonwealth Fusion Systems (CFS), the private fusion energy company that has raised about S$3.85 billion ($3 billion) from prominent investors, including Temasek and…