Asia Digest: Aspire's MPI milestone, CloudEats to exit Vietnam, Vingroup divesting AI firms

Asia Digest: Aspire's MPI milestone, CloudEats to exit Vietnam, Vingroup divesting AI firms

A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. Picture taken June 28, 2017. REUTERS/Darren Whiteside/File Photo

Aspire has received in-principle approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS), while Philippine cloud kitchen startup CloudEats is withdrawing from the Vietnamese market. Meanwhile, Vingroup is selling stakes in AI firms.

Edited by: Pramod Mathew