News

South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.

Thunes, the Singapore-based payment firm, has announced a major expansion of its Direct Global Network across the Middle East.

Dtcpay, a Singapore-based payment, announced Friday the extension of its $25 million Series A funding round with SBI Group as its strategic investor.

Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.

Switzerland-based investment firm responsAbility will provide up to $25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand.

Singapore will continue to strengthen safeguards for artificial intelligence (AI) as the technology becomes more capable, with Communications and Information Minister Josephine Teo saying safety measures must develop alongside adoption.

JTC Corporation, Singapore’s industrial land and infrastructure agency, and Kajima Corporation, Japan’s construction company, have launched the first pilot project to explore the use of autonomous heavy construction equipment in Singapore.

Circle has launched the Arc public mainnet with more than 100 institutional and ecosystem builders, including Standard Chartered, SBI Group and Sumitomo in its validator cohort.

AnyMind Group has launched AnyCreator Stream, bringing live-stream analytics, brand campaign discovery and earnings tracking into one creator platform.

Maybank Investment Bank said on Thursday that growing electric vehicles (EV) adoption should continue to support industry volumes into the second half of 2026.