News

Sea’s revenue surges 43.4 pct year on year in Q3 as Shopee hits record high

Singapore-based technology giant Sea said its revenue surged 43.4 percent year on year to $8.6 billion in the third quarter as its e-commerce arm Shopee hits record high.

Thailand’s AI investment boom offers chance to revive long-term growth, says AMRO

Thailand’s investment boom driven by the global artificial intelligence (AI) expansion is helping its economy withstand the energy shock stemming from the Middle East conflict, but the benefits remain concentrated in a narrow range of industries, according to the Asean+3 Macroeconomic Research Office (AMRO).

ASEAN Foundation launches Scam Ready ASEAN Resource Hub to build resilience against digital scams

The ASEAN Foundation, with support from Google.org, has on Tuesday launched the Scam Ready ASEAN Resource Hub (ScamReadyASEAN.org), a free digital learning platform designed to equip communities across Southeast Asia with practical knowledge and tools to recognize and prevent online scams.

Singapore’s Staera Semiconductor raises $4.6M to put optical links inside AI chips

Singapore-based Staera Semiconductor, formerly New Silicon Corporation, has raised US$4.6 million in pre-seed funding to build optical data links directly into silicon chips.

France’s Dassault Systèmes to set up ASEAN Industrial AI Virtual Twin Lab in Singapore

Dassault Systèmes, a French software company, will establish its ASEAN Industrial AI Virtual Twin Lab in Singapore, serving as the company’s regional hub for developing, validating, and deploying industrial AI and virtual twin solutions across the ASEAN.

Apple’s Singapore tax benefits cut 2026 tax bill by $5.5B

Apple's Singapore operations reduced the company's tax bill for the fiscal year ended September 26, 2026 by $5.5 billion, according to its annual report filed with the US Securities and Exchange Commission.

Vietnam’s Easy AI, AI Leaders Vietnam to jointly deploy AI agents for businesses

Two AI companies in Vietnam, Easy AI and AI Leaders Vietnam, will collaborate to combine Easy AI's technology with AI Leaders' consulting and training services, helping companies move AI from single-task tools into their core operations.

Singapore launches SPIRE Asia, targeting $500M to fund Southeast Asian farm climate resilience

Singapore has launched the Scaling Projects and Investments for Resilience in Asia Program (SPIRE Asia), a regional initiative to attract private investment into climate adaptation for Southeast Asia's agri-food systems.

US extends Section 301 probe of Vietnam’s intellectual property enforcement to February 2027

The Office of the United States Trade Representative (USTR) has extended by three months (no later than end-February 2027) for its Section 301 investigation into Vietnam's acts, policies, and practices on intellectual property protection and enforcement,

World bank’s IFC seeks $50M investment in Malaysia-headquartered Navis Asia Fund IX

The International Finance Corporation (IFC), under the World Bank, seeks to make an equity commitment of $50 million to Navis Asia Fund IX, L.P., a private equity fund managed by Malaysia-headquartered Navis Capital Partners.