News
GCash parent Mynt wins approval for IPO in the Philippines
Mynt, the Philippine fintech company behind digital wallet GCash, said on Wednesday its board and shareholders had approved the filing of a registration statement with the Securities and Exchange Commission and a listing application with the Philippine Stock Exchange for a potential initial public offering (IPO).
Chipmaker Intel walks away from Vietnam once, now returns with $2.6B additional investment
In 2023, Intel walked away from a $3.3 billion chip project in Vietnam because the country had no mechanism to offer the cash support that Intel wanted, but in 2026, Intel returned to Vietnam with an additional investment of $2.6 billion, or $4.1 billion in total.
I Squared Capital, DFC launch $3B platform to develop critical energy infrastructure across Indo-Pacific
I Squared Capital, a global infrastructure investor, has on Tuesday announced plans to form a strategic partnership with the U.S. International Development Finance Corporation (DFC) to establish a new $3 billion investment platform focused on developing critical energy infrastructure in South and Southeast Asia.
Microsoft’s 2026 Work Trend Index shows Singapore workforce ahead on AI adoption
Microsoft has on Tuesday released new Singapore findings from its 2026 Work Trend Index, showing that employees here are among the world’s most active and responsible users of artificial intelligence (AI) at work.
MAS amends the Singapore Code on Take-Overs and Mergers
The Monetary Authority of Singapore (MAS), on the advice of the Securities Industry Council (SIC), has on Tuesday issued a revised Code on Take-overs and Mergers.
monday.com names Chris Jordan to lead Singapore as second Asia-Pacific headquarters
monday.com, an AI work platform, has appointed Chris Jordan as Regional Vice President for Southeast Asia and Country Manager for Singapore, as the company establishes Singapore as its second Asia-Pacific headquarters after Sydney.
Nokia to upgrade Malaysia-Cambodia-Thailand subsea cable with 30 Tbps capacity for Symphony Communication
Finland's tech giant Nokia was selected by Thailand's telecommunications giant Symphony Communication to upgrade the Malaysia-Cambodia-Thailand subsea cable system, replacing legacy equipment with Nokia's Submarine Line Terminal Equipment.
Singapore’s Acrab raises $350M to build agentic AI compute infrastructure
Acrab, a Singapore-headquartered technology company building agentic AI compute infrastructure, has received over $350 million in cumulative financing throughout its early development.
Malaysia’s Digital Penang, Indonesia’s KUMPUL renew partnership to strengthen cross-border startup ecosystem
Malaysia's digitalization agency Digital Penang and Indonesia's startup ecosystem KUMPUL have renewed their memorandum of understanding for 2026 to 2027, reaffirming their commitment to strengthening the startup, innovation, and entrepreneurial ecosystem across Malaysia and the region.
Anthropic’s Claude narrows gap with ChatGPT among Singapore startups as AI becomes core infrastructure
Anthropic's Claude has rapidly gained ground on OpenAI's ChatGPT among Singapore startups, with its customer base growing 258 percent year-on-year and total spend increasing 17 times, according to new data from Singapore-based financial platform Aspire.
