Business News
Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.
Flexxon Partners with Tech4Biz Solutions to co-develop server infrastructure that is secure by default
As organisations increasingly look to build their own servers to run AI systems, the two companies are working to ensure purpose-built infrastructure and security go hand-in-hand SINGAPORE and BENGALURU, India , Oct. 20, 2026 /PRNewswire/ -- Flexxon, a pioneer in secure memory storage and hardware-based cybersecurity solutions, today announced its strategic investment in Tech4Biz Solutions. The partnership will see the companies co-develop solutions that enable efficient and reliable deployment of secure server and data centre operations - a heightened need as enterprises move Artificial Intel
Read more →SIEW 2026 Brings Together Global Energy Leaders to "Connect Energy Systems, Power Tomorrow"
SINGAPORE , Oct. 20, 2026 /PRNewswire/ -- The 19 th Singapore International Energy Week (SIEW) will open on 26 October, bringing together global policymakers, industry leaders and innovators to navigate energy challenges and shape a more secure, connected and sustainable energy future. Highlights of SIEW 2026 I. Opening : The Singapore Energy Lecture will be delivered by H.E. Dr Tan See Leng, Minister for Energy, Trade and Industry (Energy and Industry). YAB Datuk Amar Haji Fadillah bin Haji Yusof, Deputy Prime Minister and Minister of Energy Transition and Water Transformation, Malaysia, will
Read more →From cash loans to motorbikes: Salmon bets US$140M on secured lending in the Philippines
Salmon Group has raised a fresh US$140 million, its second financing in six months and the largest in its four-year life, as the Manila-based lender bets that motorcycles and small businesses can carry its next leg of growth. The announcement on Monday is notable for what it leaves out. Salmon describes the money only as [] The post From cash loans to motorbikes: Salmon bets US$140M on secured lending in the Philippines appeared first on e27 .
Read more →Hindustan Zinc Reports Record Q2 Net Profit of US$ 671 Million, Up 142% YoY; Highest-Ever Quarterly EBITDA Driven by Lower Zinc Cost of Production
UDAIPUR, India , Oct. 20, 2026 /PRNewswire/ -- Hindustan Zinc Limited, the world's largest integrated zinc producer and among the top 10 silver producers globally, delivered a record second-quarter performance in FY27. The company reported highest-ever quarterly revenue from operations of US$ 1,579 million, up 77% YoY, highest-ever quarterly EBITDA of US$ 972 million, up 108% YoY, and record quarterly net profit of US$ 671 million, up 142% YoY. The performance was underpinned by its highest-ever second-quarter mined metal production of 271 KT, record second-quarter refined metal production of
Read more →APBS Leads Partnership to Help Migrant Workers Participate in Singapore's Return Right Scheme
SINGAPORE , Oct. 20, 2026 /PRNewswire/ -- Asia Pacific Breweries Singapore (APBS) has brought together industry, government and community partners to help migrant workers take part in Singapore's Beverage Container Return Scheme (BCRS) , known as Return Right [1] . Through the Return Right Roadshow: Migrant Worker Outreach, workers learn how to join the national recycling effort and reclaim deposits on eligible beverage containers. Developed in partnership with Beverage Container Return Scheme (BCRS) Ltd, the Migrant Workers' Centre (MWC), and the National Environment Agency (NEA), the campaig
Read more →As venture funding retreats, Thailand’s corporate investors gain more power
In Thailand, many of the most visible startup investors carry the names of the country’s largest banks and business groups. SCBX operates SCB 10X. Kasikornbank established Beacon Venture Capital. Bank of Ayudhya created Krungsri Finnovate, while Bangkok Bank has Bualuang Ventures. Investment vehicles linked to telecommunications, energy, retail and industrial groups extend the network further. [] The post As venture funding retreats, Thailands corporate investors gain more power appeared first on e27 .
Read more →Ibrahim Arief is building a legal AI startup from city detention
Ibrahim Arief did not set out to found a legal tech startup. He set out to stay out of prison. The former VP (Engineering) at Bukalapak, widely known as Ibam in the startup circle, is a defendant in Indonesias Chromebook procurement case, the graft prosecution that also ensnared former education minister and Gojek co-founder Nadiem [] The post Ibrahim Arief is building a legal AI startup from city detention appeared first on e27 .
Read more →FICG PARTNERS WITH MALAYSIA-LISTED CAPE EMS TO ACCELERATE AI AND OPTICAL MANUFACTURING EXPANSION
PRO3C plans to expand from eight to 18 SMT lines by the end of 2027, strengthening FICG's manufacturing capabilities and regional supply chain integration TAIPEI , Oct. 20, 2026 /PRNewswire/ -- Taiwan-listed FIC Global Inc. (FICG, TWSE: 3701) continues to strengthen its manufacturing footprint in Southeast Asia to support growing global demand for artificial intelligence (AI), high-performance computing (HPC), data centres and high-speed optical communications. Representatives of FICG’s subsidiary, PRO3C (Malaysia) Sdn. Bhd., and Cape EMS Berhad (5311.KL) pose with the signed MOA and condition
Read more →Building a Nuclear-Ready Future: Industry Leaders Gather in Singapore to Strengthen Supply Chain Resilience and Capability
SINGAPORE , Oct. 20, 2026 /PRNewswire/ -- As countries across Asia-Pacific explore the role of nuclear energy in meeting future energy and decarbonisation goals, industry leaders gathered in Singapore for LRQA's Nuclear Codes, Standards & Supply Chain Readiness forum to discuss the foundations required to build a safe, resilient and nuclear-ready ecosystem. Building a Nuclear-Ready Future: Industry Leaders Gather in LRQA's event in Singapore to Strengthen Supply Chain Resilience and Capability The event brought together experts from assurance, engineering, cybersecurity and legal disciplines t
Read more →Jungheinrich Launches Next-Generation EFG M Electric Forklifts Across Asia-Pacific
New EFG MB and EFG MC electric counterbalance forklifts available to order Models cover load capacities from 1.6 to 3.0 tonnes, with lead-acid and lithium-ion battery options Configurable performance, safety and digital features support applications from warehousing and manufacturing to distribution and retail Integrated telematics and Jungheinrich's regional service network help customers improve fleet availability and operating efficiency SINGAPORE , Oct. 20, 2026 /PRNewswire/ -- Jungheinrich today announced the Asia-Pacific launch of the next generation of its EFG MB and EFG MC electric cou
Read more →Global Tipping Points Conference 2026 Concludes in Malaysia with Kuala Lumpur Declaration and New Roadmap for Asia
KUALA LUMPUR, Malaysia , Oct. 19, 2026 /PRNewswire/ -- The Global Tipping Points Conference 2026 (GTP 2026) was recently held at Sunway University, marking the first time the landmark global gathering was hosted in Asia. Centred on the theme "From Understanding to Imagination to Action: Crossing Thresholds for a Thriving Planet", the conference brought together more than 500 participants from 37 countries, including scientists, policymakers, business leaders, health professionals, faith leaders, investors, communicators and civil society representatives to explore how positive tipping points c
Read more →US allows dark-fleet oil tankers to shed sanctions amid bid to boost oil supply
Move to convert sanctioned vessels to lawful ones aims to expand fleet available for carrying crude
Read more →Riyadh Airport restricts jet traffic in wake of Houthi attacks
Several airlines have halted flights in the wake of attacks
Read more →AI agents targeted 1,200 websites and compromised more than 100: report
Successful intrusions typically took around 23 hours of poking and prodding for vulnerabilities
Read more →YouTrip restores services after vendor glitch causes outage
This comes as YouTrip earlier on October 19 experienced an outage across most of its services in Singapore and Thailand.
Read more →Mapping the key players in China’s ecommerce arena
Mapping China’s ecommerce sector: Key players, top investors, and funding insights in one report.
Read more →The AI exit window is wide open. Southeast Asia isn’t standing anywhere near it
Last week, Amazon was reported to be in talks to pay around US$7 billion for Decart, a three-year-old startup valued at just under US$4 billion in May. Cohere signed a letter of intent to buy AI security startup AISLE. Prime Intellect snapped up Moondream. Bumble agreed to a US$1.3 billion take-private. And that was a [] The post The AI exit window is wide open. Southeast Asia isnt standing anywhere near it appeared first on e27 .
Read more →China’s CXMT shares fall 7.8% despite profit forecast
CXMT said the turnaround was driven by AI-related shortages and higher prices for dynamic random-access memory, or DRAM.
Read more →China’s iFlytek Q3 revenue grows 8% as AI spending rises
iFLYTEK's smart education and healthcare businesses each grew more than 20% in the third quarter.
Read more →These are the most active investors in Indonesia’s startups
Which investors are writing the most checks to Indonesia-based startups?
Read more →YouTrip reports major service outage, most operations down
Platform says the app is experiencing some technical difficulties.
Read more →Unitree Robotics shares jump 17%, market value hits $30b
Unitree reported first-half 2026 revenue of 1.2 billion yuan (US$172 million).
Read more →Tracking AI hiring in Singapore: OpenAI, Anthropic, and more
AI firms keep talking about Singapore. Their hiring data reveals who’s truly expanding in the region.
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