Asia

VinFast secures $100M of green loan from MUFG for global expansion

Vietnamese electric vehicles (EVs) maker VinFast has secured a $100 million green loan facility from MUFG Bank, Ltd., to be used for VinFast's development and international expansion strategy.

OpenAI, Oracle, and SoftBank expand five new AI data center sites in US for $500B Stargate project

OpenAI, Oracle, and SoftBank are announcing five new U.S. artificial intelligence (AI) data center sites under Stargate, OpenAI’s overarching AI infrastructure platform.

Coda, Digital Garage join forces to expand out-of-app monetization for gaming publishers

Coda, a digital content monetization firm headquartered in Singapore and Digital Garage, the operator of Japan’s third-party payment platform AppPay, have on Wednesday announced a strategic partnership to accelerate revenue growth for games publishers through out-of-app monetization and distribution solutions.

Alibaba Cloud plans to launch new data centers in eight countries

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its latest strategic plans to launch data centers across eight countries including Malaysia.

South Korea’s LG Innotek secures $200M funding from IFC to expand its production facility in Vietnam

South Korea-based LG Innotek, an affiliate of LG Group, has secured $200 million funding from the International Finance Corporation (IFC) to expand its production facility in Vietnam.

Japan’s NTT Data expects demand for sovereign cloud in APAC to grow rapidly [Q&A]

TNGlobal recently talked to Ben Tulloch, APAC lead for Cloud, Security, Network & Collaboration Services at NTT DATA, to know more about the strategic importance of this new Global Business Unit with Microsoft Cloud for NTT DATA, challenges enterprises in APAC face when trying to move Agentic AI solutions from a proof-of-concept phase to a production…

Brazil’s EBANX expands cross-border payment services to the Philippines

EBANX, a Brazilian technology company specializing in cross-border payment services, has announced its expansion into the Philippines through the integration of the country’s two leading e-wallets GCash and Maya.

SoftBank, Meta, and others team up to build submarine cable system connecting Japan and Singapore

Japan-based SoftBank announced Monday that it is collaborating with Meta, IPS, TM Technology Services, and PT XLSmart Telecom Sejahtera to develop a new international submarine cable system, "Candle", that will connect Japan and Singapore.

ICCA, Willog team up to innovate Indonesia’s cold-chain infrastructure with K-logistics AIoT solutions

The Indonesian Cold Chain Association (ICCA) has signed a memorandum of understanding (MOU) with Willog, a South Korean company specializing in internet of things (IoT) and artificial intelligence (AI)-powered logistics intelligence, to innovate Indonesia’s cold-chain infrastructure with K-logistics AIoT solutions.

VinFast partners Arabian Automobile Association for after sales service in Middle East

Vietnamese electric vehicles (EV) maker VinFast has officially announced a strategic partnership with the Arabian Automobile Association (AAA), a leading provider of vehicle support services in the Middle East, to improve its aftersales service in the region.