News
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.
Fintech leads private equity deals count in the Philippines in 2025 – Foxmont
2025 saw a continued acceleration in private capital deployment in the Philippines, with fintech remained the most active sector by deal count, Foxmont Capital Partners said in its recent report.
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.
IMDA launches AI Bootcamp to boost enterprises AI transformation in Singapore
To drive artificial intelligence (AI) adoption among local enterprises seeking to transform their businesses in Singapore, the Infocomm Media Development Authority (IMDA) has rolled out the new Digital Leaders Accelerator Bootcamp (DLAB) as part of the National AI Impact Program.
Grab’s Foodpanda Taiwan acquisition represents opportunity to expand beyond SEA at relatively reasonable price – Momentum Works
Grab’s acquisition of Foodpanda Taiwan represents a long-awaited opportunity to expand beyond Southeast Asia at a relatively reasonable price, Momentum Works said in a statement on Tuesday.
MAS partners industry to develop AI Risk Management Toolkit for the financial sector
The Monetary Authority of Singapore (MAS) has announced the successful conclusion of phase two of Project MindForge, which culminates in the publication of an Artificial Intelligence (AI) Risk Management Toolkit for the financial services sector.
AI spending in APAC is surging but so is the risk of a digital traffic jam
By treating information networks as a business enabler, APAC organizations can build scalable, secure, and resilient infrastructure capable of meeting the demands of the AI economy.
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.
