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,…
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),…
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…
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…
Law must evolve as AI outpaces legal systems – Singapore’s PM
Law and regulatory frameworks must continuously evolve to keep pace with rapid technological change, particularly artificial intelligence (AI), which is already challenging…
DBS partners CDL to launch $234M multi-currency sustainability-linked loan to advance nature-based urban development solutions in Singapore
Singaporean multinational real estate firm City Developments Limited (CDL) has secured a new S$300 million ($234 billion) multi-currency sustainability-linked loan (SLL) provided…
AI at core of Singapore’s new growth strategy as ESR outlines eight economic thrusts
Artificial intelligence (AI) is set to play a central role in Singapore’s next phase of economic transformation, as the Economic Strategy Review (ESR) Committees unveiled…
Singapore Management University unveils $10M fund for urban solutions and sustainability
Singapore Management University (SMU) has on Thursday announced the launch of the Urban SustaInnovator (USI) Fund, a $10 million investment program designed to support startups…
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…
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…
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…
Australia’s NEXTDC launches $720M data center in Malaysia
NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with…
Singapore Space & Technology think tank launches Singapore’s first space innovation lab
The Singapore Space & Technology Think Tank (SST Think Tank) has launched the Singapore Space Lab, the country’s first dedicated space innovation lab aimed at supporting the…
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