Author: Duc Dao
Korea’s POSCO International targets $230M rare earth supply from Southeast Asia with venture capital push
South Korea's POSCO International is targeting an annual rare earth supply of $230 million from Southeast Asia, as it accelerates efforts to build a stable global supply chain for heavy rare earth elements critical to electric vehicle (EV) traction motors.
Southeast Asia private equity stalls to $14B in volatile 2025
Private equity activity in Southeast Asia slowed to $14 billion in 2025, reflecting a broader pattern of volatility across the Asia-Pacific region, as investors grappled with global trade tensions, elevated valuations, and persistent fundraising challenges.
Vietnam’s cryptocurrency trading platform ONUS halt cashout amid police activity
Many users are unable to login into ONUS Pro, a digital asset exchange platform serving South East Asia with a focus on Vietnam, from the weekend.
Singapore’s Grab to buy Delivery Hero’s Foodpanda Taiwan business for $600M
After the acquisition, Grab will have a presence across 21 cities in Taiwan.
Southeast Asia’s “super app” Grab earns revenue $3.37B in 2025, Malaysia remains biggest market
Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.
Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration
PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.
Malaysia-based Gobi Partners seeks to join Vietnam’s $19M VC initiative
Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.
Vietnam’s Ho Chi Minh City to facilitate AMD to invest in R&D center
Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.
Hong Kong Trade Development Council launches GreenBiz campaign in Thailand
The Hong Kong Trade Development Council (HKTDC) opened the GreenBiz HK campaign in Bangkok on Wednesday, promoting collaboration between Hong Kong and Thailand in green economy.
SpaceX’s Starlink offers Internet service in Vietnam at $85 per month, above peers’ prices
Starlink's satellite Internet services will be available in Vietnam at $85 per month, in addition to $350 for the terminal equipment, according to the Vietnam Telecommunications Authority, under the Ministry of Science and Technology.
