Vietnam records foreign investment $14.2B in semiconductor, to further attract big tech
Vietnam's semiconductor sector has so far recorded foreign direct investment (FDI) of $14.2 billion in 241 projects and will strive to further attract global big tech to invest in…
Microsoft plans $1B investment in Thailand’s cloud and AI infrastructure
Microsoft announced a plan to invest more than $1 billion in cloud and artificial intelligence (AI) infrastructure in Thailand between 2026 and 2028, following a meeting in…
Singapore’s Groundup.ai secures $10M maintenance contract
Groundup.ai, Singapore-based agentic AI for cognitive maintenance, announced Monday it has officially closed a contract exceeding $10 million — the largest in the company’s…
Thailand’s Nightify raises $500,000 to expand nightlife experiences
Nightify, a Thailand-based platform focused on discovering, booking, and managing nightlife experiences, has raised a total of US$500,000 in seed funding, in a round led by A2D…
Southeast Asia-focused courier J&T Express records $12.2B revenue in 2025, up 19%
Indonesia-headquartered J&T Global Express, a global logistics service provider affiliated with China's smartphone brand Oppo, reported a revenue of $12.2 billion in 2025, up…
Singapore-based Bitcoin mining facilitator Bitdeer to jointly develop 180 MW AI data center in Norway
Bitdeer Technologies Group, a Singapore-headquartered technology firm focusing on artificial intelligence (AI) and Bitcoin mining infrastructure, will jointly develop an AI data…
How a Russian bank is building its own language model GigaChat from scratch
Sber is Russia's largest bank and one of the country's leading technology companies, whose ecosystem of AI-powered digital, financial, and retail services reaches tens of millions…
Japan’s Furukawa Electric to invest $345M in data center cooling production in Philippines, Thailand, China
Furukawa Electric is set to invest at least JPY55 billion ($345 million) in expanding data center cooling production in the Philippines, Thailand, and China, the Japanese firm…
Lotte Ventures Vietnam: State fund expected to boost private venture capital sector in Vietnam
Vietnam's establishment of state funds for venture capital, such as Hanoi with a VND600-billion ($22.8 million) venture capital fund and Ho Chi Minh City with a VND500-billion,…
Maybank completes on-chain tokenized FX and cross border payment via MYR-SGD corridor
Malaysia's largest lender Maybank has successfully completed the first transaction under its inaugural pilot project for tokenized deposits and cross-border payments with Yinson…
