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BIMB sees policy shifts Malaysia from import-driven to localization-driven EV growth

BIMB Securities has foreseen policy shifts Malaysia from import-driven to localization-driven electric vehicle (EV) growth, pushing foreign original equipment manufacturers (OEMs) toward completely knocked down (CKD) assembly.

SP launches Singapore’s first EV fast charging hub in a HDB carpark in Tengah

SP Mobility, part of SP Group (SP), has launched Singapore’s first electric vehicle (EV) fast charging hub at a Housing Development Board (HDB) carpark in Tengah.

Bain Capital raises $10.5B for Asia Fund VI

Bain Capital, a private investment firm based in the United States, has announced the final close of Bain Capital Asia Fund VI, raising total capital commitments of $10.5 billion, including approximately $9.1 billion from external investors for investments across Asia.

Singapore suspends review of proposed $1.1B M1-Simba telco consolidation

Singapore's Infocomm Media Development Authority (IMDA) has suspended its assessment of the proposed consolidation between M1 and Simba worth S$1.43 billion ($1.12 billion), pending the outcome of an investigation into Simba’s use of radio frequency spectrum.

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.

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.

How financial services can unlock the advantage of the agentic AI wake-up call 

Himanshu Gupta, Senior Architect, Capital Markets, Solace, identifies five key business use cases where properly orchestrated AI agents are delivering impact and ROI for frontier financial services firms. But exploiting this potential requires more than just deploying intelligent AI models, he explains the infrastructure behind how they do it.