Asia

VinFast launches EV assembly plant in India

Vietnam-based automaker VinFast has on Monday officially inaugurated its electric vehicle (EV) assembly plant at the SIPCOT Industrial Park in Thoothukudi, Tamil Nadu, India.

AIFT and Richmond join forces to drive innovation in digital insurance

IXT, a core insurtech solution provider under AIFT, the Hong Kong-based technology firm, has announced a partnership with Richmond Insurance Brokers to launch the first digital platform for commercial insurance in Taiwan.

Moody’s expects data center power demand in APAC to grow at 15 percent to 20 percent

Moody's Ratings expects data center power demand in Asia-Pacific (APAC) to grow at a 15 percent to 20 percent compound annual growth rate (CAGR) over the next five to six years, as capacity more than doubles over the same period.

Google Play integrates K PLUS via Antom Merchant Payment Service

Google Play, Ant International’s Antom and KASIKORNBANK announced Friday the launch of K PLUS as a new local payment method on Google Play, marking the first time that a Southeast Asia (SEA) mobile banking app is made available as a payment option in the platform.

Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities

Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.

Report: investors favor APAC markets as Biotech destinations amid US-China tensions

Markets in Asia Pacific (APAC) are rapidly gaining ground as credible innovation hubs amid the reshaping of global biotech strategies, driven by geopolitical tensions and significant US research funding cuts, a new report revealed on Thursday.

NTT DATA partners Mistral AI to provide AI solutions for enterprises

NTT DATA, a Japan-based digital business and technology services firm, and Mistral AI, a France-based innovator in open-weight, high-performance generative AI (GenAI) models, have on Wednesday announced plans to jointly sell and deploy safe and private enterprise-grade artificial intelligence (AI) solutions that are able to foster strategic autonomy for…

ZA Global leads $40M Series A2 round in RD Technologies to build Asia’s stablecoin infrastructure

ZA Global, a Hong Kong-based digital finance firm, has led a $40 million Series A2 financing round for fintech firm RD Technologies (RD).

Airwallex gets approval to launch yield product in Singapore

Airwallex, a global fintech platform, announced Monday that its Singapore entity, Airwallex Capital (Singapore) Pte Ltd, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS) to launch yield products in the country.

HaiNan SouthEast Asia AI Hardware Battle 2025 Concludes, Winners Announced!

All grand finalists were also crowned as “HNSE STARs” (Hainan Southeast Tech AI Rising Stars) to recognize their hard work and groundbreaking ideas.