Government sets aside over S$45 million across three years to support AI use among manufacturers
Minister of State Gan Siow Huang announced the sum for EnterpriseSG's Catalytic AI Solutions initiative…
Business
Bidding opens for Jio's record US$3.2 billion IPO in India
The share sale is open to public bids. Jio Platforms runs India's largest telecom company, with more than 500 million subscribers.
Musk confirms SpaceX and Tesla are looking at joining forces in a $3.5 trillion tie-up
Elon Musk says the two companies are weighing a tie-up that would create a business worth $3.5 trillion, according to Al Jazeera.
Malaysia proposes pooled procurement of medicines in Western Pacific, asks for urgent pilot
Malaysia put the proposal to the WHO Western Pacific Region, calling for an urgent pilot covering selected medicines, according to Bernama.
Hong Kong halts poultry imports from parts of Canada and US over bird flu
The Centre for Food Safety said the order covers poultry meat and products, eggs among them, from areas in Manitoba, Minnesota and Indiana…
Mynt shares climb 1.7 per cent on debut after record 60.9 billion peso Philippine IPO
The GCash operator's stock opened at its 6.60 peso offer price, then moved up to 6.71 pesos, while the wider Philippine Stock Exchange index slipped 0.02 per…
Al Jazeera asks if halal pension could help fund Israel's military
Al Jazeera says an HSBC fund with a sharia-compliant label put more than $100 million into companies that have links to the Israeli military.
Chip stocks slump despite strong business results, CNA reports
The Philadelphia Semiconductor Index lost about 16 per cent over eight sessions, its longest run of falls since 2008, even as TSMC reported record profit.
Asia Pulp & Paper given temporary restrictions by SEC over ties to haze-linked suppliers
The company must file fire response reports every day and will be closely monitored. Its wood fibre comes from three suppliers with concessions in South…
Horizon3 plans to base ASEAN headquarters in Singapore
The cybersecurity firm will also open a regional centre of excellence, with fresh funding from EDBI and its parent SG Growth Capital, according to Bernama.
CIMB expects Bank Indonesia to lift benchmark rate this week, earlier than December forecast
CIMB projects a 25 basis point rise on Oct 21 as the rupiah slips past 18,000 to the US dollar and outflow risks remain after the MSCI proposal.
China's economy grew 4.5 per cent in the third quarter, faster than the previous period
The pace of growth accelerated from the 4.3 per cent recorded in the April-to-June period, which was a more-than-three-year low, according to CNA.
China's draft rules on gig worker pay and rest face hurdles, analysts say
Draft rules on pay, rest and protections for platform workers could be limited by financial pressures, differing work arrangements and enforcement challenges…
Vietnam and four EFTA states sign free trade agreement in Hanoi
The deal removes or lowers customs duties on industrial, fish and agricultural goods, and covers services and intellectual property rights, among other areas.
Ride-hailing apps take passengers from traditional transport operators in Cambodia
Motodop riders and remorque drivers are losing fares to the apps, costing them their livelihoods, Bernama reported from Phnom Penh.
SM Lee says rival ports are fast catching up, workers should not face industry changes alone
Senior Minister Lee Hsien Loong urged technological change at the Singapore Port Workers Union's 80th anniversary dinner…
Mercedes wants to race at Sepang again as Signify says it is ready to support a night race
Bernama reports Mercedes-AMG Petronas wants to return to Sepang, and Signify says it is ready to supply solutions if a night race goes ahead.
Trump waives more Russia sanctions in bid to ease energy prices as rift with Zelenskyy widens
The move reverses course after a deal with Putin that would put large volumes of Russian diesel on world markets, while ties with Ukraine slump.
Selangor probes 10 complaints of suspected water-mixed RON95 petrol
The state office of KPDN is investigating reports that RON95 fuel damaged motorists' vehicles in several parts of Selangor, an issue that has gone viral.
Malaysia sets aside record RM57b in financing facilities for MSMEs in Budget 2027
Budget 2027 also includes a matching grant of up to RM5,000 for MSMEs seeking halal certification for the first time, Prime Minister Anwar Ibrahim announced.