News

Tacta Systems expands global manufacturing footprint with new Singapore facility

Tacta Systems, a company that is pioneering Dexterous Intelligence for robotics, has on Thursday announced the opening of its new Singapore office and production facility in Woodlands.

TikTok Branding Summit SEA links cultural moments to sustained business growth

TikTok's first Southeast Asia Branding Summit brought more than 150 representatives from over 60 brands together in Singapore to discuss turning cultural attention into measurable business outcomes.

Alibaba unveils Qwen Book agentic computer and AI wearables at Apsara 2026

Alibaba has expanded its AI hardware lineup with Qwen Book, new Qwen Glasses, AI earbuds and a portable note-taking device designed to turn voice, visual and workplace context into agentic actions.

GCash parent Mynt secures more than 20 cornerstone investors ahead of IPO

Mynt, the parent of GCash, has secured commitments from more than 20 global and Philippine cornerstone investors for its planned IPO, with final pricing expected October 1.

India’s Ultraviolette raises $85M to scale EV production and global expansion

Indian electric motorcycle maker Ultraviolette has raised $85 million led by Yali Capital and TDK Ventures to expand manufacturing, develop new EV platforms and grow internationally.

Twilio says 70 percent of APAC consumers abandon AI service interactions that lack context

Twilio research finds a gap between brands' confidence in AI customer memory and consumers' experience, with 70 percent of APAC consumers saying they often have to start over.

Zeekr Malaysia partners EON to expand Klang Valley retail and aftersales network

Zeekr Malaysia has signed a dealership agreement with EON, starting with a Shah Alam pop-up store in October and a Glenmarie retail and aftersales facility planned for Q1 2027.

Vietnam’s budget airline Vietjet signs Starlink deal for free in-flight Wi-Fi on 120 aircraft

Vietnamese budget airline Vietjet and SpaceX's Starlink will provide free high-speed Wi-Fi to passengers, starting with 120 aircraft.

Indonesian court reduces Gojek founder Nadiem Makarim’s sentence to nine years – report

Nadiem was sentenced to 10 years in prison in June after the court found him guilty of abusing his authority during the procurement of Google Chromebooks for schools in Indonesia that led to $125 million in state losses, Reuters reported.

Thailand’s Lakeshore Capital closes $305M Fund III for Mekong mid-market deals

Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.