Duc Dao

Vietnam’s Hanoi capital city urges ride-hailing service Grab to utilize green energy vehicles

The Department of Construction in Vietnam's Hanoi capital has urged couriers and ride-hailing services, including Singapore-headquartered Grab, to build plans to utilize green vehicles, such as electric vehicles (EV).

Financial-payment platform Airwallex ready for full commercial launch in Malaysia

Airwallex, co-headquartered in Singapore and California, has received approval from Bank Negara Malaysia, the central bank of Malaysia, for its e-money issuing and Class A licences, enabling the company to offer a broader range of payment services in Malaysia.

Singapore-headquartered BDX Data Centers secures $320M loan for AI expansion in Indonesia

BDx Data Centers has secured a $320 million loan facility to support the expansion of its digital infrastructure footprint across Asia, the Signapore-headquartered data center operator with a focus on the Asia-Pacific market said in a release on Wednesday.

Malaysia’s insurtech firm PolicyStreet raises $21M in Series C funding round

Malaysia-founded PolicyStreet has secured RM84 million (US$21 million) in the first close of its Series C funding round, the insurtech firm said in a press release on Wednesday.

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 the country.

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 Bangkok between Vice Chair and President Brad Smith and Prime Minister Anutin Charnvirakul.

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 Ventures and other angel investors across the hospitality, retail, and consumer sectors.

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 18.5% year-on-year, the firm said in a release on Monday.

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 center in Norway, with a capacity of 180 MW.

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 said in a release on Monday.