Latest news and trends about tech
Citi wins approval for wholly owned China securities firm
Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.
Capital of Vietnam’s Viettel Manufacturing no longer listed as state budget
Viettel Manufacturing, the device manufacturing arm linked with Vietnam's top telco Viettel, has had its full charter capital of VND1,762 billion ($67 million) reclassified from state-budget funding to "other" capital.
Bukalapak records positive adjusted EBITDA of $55,088 in third quarter
Indonesian technology firm Bukalapak has recorded positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of IDR 1 billion ($55,088) in the third quarter of 2026, an improvement from negative IDR 18 billion a year ago, continuing the positive adjusted EBITDA trend since the beginning of the year.
Korea’s LS Eco Energy to invest $49M in Vietnam ultracapacitor plant
LS Eco Energy, under South Korean chaebol LS Group, will invest KRW64.86 billion ($49 million) in building a new production line for medium-sized ultracapacitor cells at its Vietnamese subsidiary, LS Cable & System Vietnam.
Singapore to conduct next phase of geothermal studies after positive geophysical survey findings
The Energy Market Authority (EMA) said on Monday that it will carry out the next phase of studies to further assess the feasibility of harnessing geothermal energy for power generation, cooling, and heating.
Singapore advances power decarbonization with $59M funding initiative
The Energy Market Authority (EMA) and the Advanced Energy and Decarbonization Office (AEDO) have launched a S$75 million ($59 million) Power Decarbonization Funding initiative to develop and advance low-carbon technologies in Singapore.
GlobalFoundries opens AI-enabled facilities control centre in Singapore with Siemens
GlobalFoundries, a semiconductor manufacturer headquartered in New York, has opened its Advanced Facilities Control Centre (AFCC) at its Singapore site.
Singapore launches manpower development schemes for nuclear energy capability building
The Ministry of Energy, Trade and Industry (METI) and Energy Market Authority (EMA) have on Monday launched three schemes to support the development of a strong pipeline of local expertise in nuclear energy in Singapore.
Singapore, Malaysia deepen cooperation on energy technology
Singapore and Malaysia have renewed an energy cooperation agreement to strengthen technical collaboration on solar power, energy storage systems, renewable energy certificates and cross-border electricity trading, supporting regional power grid integration and the transition to cleaner energy, the duo said on Monday.
Data centers to strain power supply across four Asian hubs – BMI
Data centers in Johor, Sydney, Melbourne and Batam could absorb most of the additional electricity generation planned for their respective markets over the coming years, raising concerns over power availability as cloud computing and artificial intelligence (AI) workloads expand, according to BMI Country Risk and Industry Research.
