Asia

Vietnam's information technology (IT) corporation FPT has announced new collaborations with OBank and E.SUN Commercial Bank (E.SUN), two of Taiwan’s prominent financial institutions, to enhance digital banking experiences and modernize core systems.

Akamai Research revealed on Wednesday that Asia Pacific (APAC) businesses encountered over 10.5 billion AI Bots in just two months, underscoring rising risks amid rapid artificial intelligence (AI) adoption.

VinFast Auto India, a subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has accelerated its retail network expansion, with 24 dealerships now operational across major cities in India.

The Japan-based investment firm SoftBank Group and US-based technology firm OpenAI Group PBC have on Wednesday launched their joint venture, SB OAI Japan GK.

Global fintech firm Airwallex hits a major milestone with its annualized run rate revenue (ARR) crossed $1 billion in October.

HeyMax, the Singapore-based loyalty and travel rewards platform, has on Wednesday announced its launch into the Hong Kong market, marking its first international expansion and a new partnership with Cathay.

Singapore Gulf Bank (SGB), a fully licensed digital wholesale bank regulated by the Central Bank of Bahrain, has selected Fireblocks, the global enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments, to power secure wallet infrastructure.

Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.

Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.

Alternate Futures, a fund-backed Innovation Center was officially launched in Singapore through a strategic alliance with Agrifood Futures, to boost climate, food and energy investment across the region.