News

Singapore announced a series of new artificial intelligence initiatives and global partnerships at ATxSummit 2026, signaling a shift toward large-scale deployment of AI systems across public services, enterprise, manufacturing, and robotics.

Singapore has launched an industry-led, multi-sector initiative, the Action for a Resilient Climate (ARC) Coalition, to mobilize demand, financing for carbon credits.

Vietnam's Hanoi capital city, South Korea's LG Energy Solution, and Japan's Honda Motor will jointly develop a large-scale electric motorcycle battery-swapping network, starting with 50 pilot stations in 2026 and expanding to a projected 1,000 locations citywide by 2027.

VinFast, the electric vehicle maker under Vietnam’s conglomerate Vingroup, has launched an early booking program in Indonesia for three battery-swapping electric motorcycle models — the VinFast Evo, VinFast Feliz II, and VinFast Viper.

Singapore’s Ministry of Digital Development and Information (MDDI) and OpenAI will launch “OpenAI for Singapore,” a joint initiative aimed at strengthening the country’s position as a hub for applied AI innovation.

Malaysia-based integrated circuit firm SkyeChip soared in its main market debut on Wednesday after the firm raised MYR 352 million ($88.62 million) from the initial public offering (IPO).

London-based Primer, a global payment facilitator, has raised $100 million in a Series C funding round as the company expands its AI-enabled payments and finance infrastructure platform.

Japanese electronics firm TDK will acquire 100 percent of the ordinary shares of Malaysia's lithium-ion rechargeable batteries firm Linergy Power Sdn Bhd at $240 million.

GenZero, a Temasek-owned investment platform focused on accelerating global decarbonization, announced Wednesday a secondary purchase of a fund interest in Seraya Partners Fund I from the Asian Infrastructure Investment Bank (AIIB), a multilateral development bank focused on financing sustainable infrastructure to drive inclusive growth.

Southeast Asia's quick commerce gross merchandise value (GMV) reached $7.3 billion in 2025, equivalent to 4.6 percent of the region's ecommerce GMV but still less than 1 percent of total retail, Momentum Works said Wednesday.