News

Vietnam’s EV maker VinFast adds 29 aftersales partners per global expansion strategy

VinFast, the electric vehicle maker under Vietnam's conglomerate Vingroup, has added 29 aftersales partners during its Global Business Conference held from May 4 to May 10, 2026.

Lightrock launches $500M Accelerate7 fund, focuses on energy access in Southeast Asia

Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7).

Ride-hailing service GSM, local dealers to deploy 18,497 EV in Philippines

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.

Law must evolve as AI outpaces legal systems – Singapore’s PM

Law and regulatory frameworks must continuously evolve to keep pace with rapid technological change, particularly artificial intelligence (AI), which is already challenging traditional notions of responsibility and accountability, Singapore's Prime Minister Lawrence Wong said on Wednesday.

DBS partners CDL to launch $234M multi-currency sustainability-linked loan to advance nature-based urban development solutions in Singapore

Singaporean multinational real estate firm City Developments Limited (CDL) has secured a new S$300 million ($234 billion) multi-currency sustainability-linked loan (SLL) provided by DBS, reinforcing its commitment to accelerate the adoption of nature-based solutions and supporting Singapore’s transformation into a City in Nature.

Singapore skyline SGX SPAC

AI at core of Singapore’s new growth strategy as ESR outlines eight economic thrusts

Artificial intelligence (AI) is set to play a central role in Singapore’s next phase of economic transformation, as the Economic Strategy Review (ESR) Committees unveiled recommendations aimed at securing long-term growth and creating good jobs in a rapidly changing global environment.

Human empathy still critical as AI reshapes customer experience industry – MDEC’s CEO

Automation and artificial intelligence (AI) may be reshaping the customer experience industry, but human empathy and connection must remain at the center of how the sector evolves, Malaysia Digital Economy Corporation (MDEC)'s chief executive officer Anuar Fariz Fadzil said Friday.

Foxconn to invest $407M in Singapore subsidiary for long-term purpose

Taiwan-based Hon Hai Precision Industry, also known as Foxconn, is set to conduct a capital injection of $407.2 million to its subsidiary Foxconn Singapore Pte. Ltd,, through the acquisition of common shares.

Australia’s NEXTDC launches $720M data center in Malaysia

NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with $720 million, establishing a strategic platform to support the rapid growth of artificial intelligence (AI), cloud computing and digital services across Southeast Asia.

Singapore Space & Technology think tank launches Singapore’s first space innovation lab

The Singapore Space & Technology Think Tank (SST Think Tank) has launched the Singapore Space Lab, the country’s first dedicated space innovation lab aimed at supporting the commercial adoption of space technologies across Southeast Asia.