Duc Dao

Alpha JWC raises stake in Indonesia’s Kopi Kenangan in ongoing funding round

Alpha JWC, an early backer of Indonesian coffee chain Kopi Kenangan, has increased its stake in the company as part of an ongoing funding round, alongside founder Edward Tirtanata and existing investors.

Southeast Asia startup funding quadruples to $7.25B in H1/2026

A single $4.5 billion data-center financing by Singapore's DayOne drove Southeast Asian startup funding to $7.25 billion in the first half of 2026, more than quadruple a year earlier, according to a report of Kickstart Ventures.

Luno, Halogen and Kenanga explore ringgit stablecoin for tokenized fund settlement

Luno Malaysia, Halogen Capital, and Kenanga Investors are exploring the use of a fully reserved ringgit-pegged stablecoin as an on-chain settlement instrument for tokenized money-market funds.

Vietnam approves Amazon’s Kuiper to test satellite-based telecommunications service

Amazon Kuiper Vietnam, the local satellite unit of U.S. technology group Amazon, has received a Vietnamese licence to run a private satellite-based telecommunications network.

Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR

The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.

Hong Kong’s fintech TROOPS to commit $12M to new Southeast Asia AI-infrastructure unit

TROOPS, a Hong Kong money-lending and property group listed on Nasdaq, will commit $12 million to launch a business unit building AI computing infrastructure in Southeast Asia.

Singapore’s NUS Enterprise rebrands as NUSX, launches AI licensing tool, sets outposts in Munich, Shanghai

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), has rebranded as NUSX and unveiled an AI tool for commercializing research patents along with new overseas outposts in Munich and Shanghai.

Vietnam’s data center operator CMC, Viettel petition ministry over power pricing after cutoff threat

Two of Vietnam's largest data-center operators, CMC and Viettel, have asked ministries to clarify a dispute over electricity pricing that brought their Ho Chi Minh City facilities close to a power cut-off.

US President Trump rejects ‘globalist’ AI control, clashes with OpenAI, Anthropic

U.S. President Donald Trump rejects international oversight of artificial intelligence (AI) as a "globalist scheme" and said the United States would rename the technology "super intelligence" in official documents.

Global technology, AI trend help boost Southeast Asia’s growth: ADB

The Asian Development Bank (ADB) raised its 2026 economic growth forecast for developing Southeast Asia to 4.7 percent, crediting the global technology and artificial-intelligence (AI) investment cycle and resilient electronics exports.