News
AWARP secures investment Animoca Brands for ASEAN financial infrastructure expansion
AWARP, a financial infrastructure project focused on emerging markets, has secured a strategic investment from Animoca Brands to support the development of real-world asset (RWA) tokenization and cross-border payment networks.
VNU advances $70M national semiconductor lab as Intel transfers chip equipment
Vietnam National University Hanoi (VNU Hanoi) is speeding up the construction of a national semiconductor laboratory worth $70 million, as Intel and Intel Products Vietnam (IPV) have transferred chip assembly and testing equipment to the university and Saigon Hi-Tech Park.
TotalEnergies reaches financial close, starts construction of 30 MWac solar project in Malaysia
TotalEnergies, together with MK Land Holdings Berhad, a diversified group in Malaysia, has announced the financial close for its 30 MWac (approx. 50 MWp) solar power plant located in Kulim, Kedah.
Sea revenue, profit rise as Shopee delivers record quarter
Singapore technology giant Sea has achieved higher revenue and profit in the first quarter ended March 31, 2026, as its e-commerce arm Shopee delivered another record quarter.
Thailand’s Konvy raises $22M Series B led by Cool Japan Fund to accelerate SEA expansion
Konvy Pte. Ltd., a Thailand-based omnichannel beauty and personal care platform, has on Tuesday announced the successful close of its $22 million Series B funding round, led by Cool Japan Fund Inc. (CJF).
Vietnam’s EV maker VinFast to sell production lines, allocate $530M gain to pay $400M debt
VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, is set to restructure by offloading its entire domestic manufacturing footprint with factories, production lines, and battery facilities, in a deal worth $530 million.
Finan raises $3.8M to expand Vietnam SME management Platform across Southeast Asia
Finan, the Singapore-headquartered company known for small-business management platform SoBanHang serving Vietnamese firms, has raised an investment in a pre-Series A funding round with participation from OSK-SBI Venture Partners.
Exaforce Raises US$125M Series B to Expand AI-Native Security Operations Platform
Exaforce, a agentic security company, has raised $125 million in a Series B funding round to expand its AI-native security operations platform and grow its international presence.
Malaysia’s semiconductor firm FusionAP raises $2M to expand advanced semiconductor packaging
FusionAP Sdn Bhd, a Malaysia-based advanced semiconductor packaging company, has raised $2 million in a pre-seed funding round co-led by Vertex Ventures Southeast Asia & India and Southern Capital Group.
Malaysia’s TNG Digital expands SME financing access with CIMB as its first partner
TNG Digital Sdn. Bhd, the operator of Malaysia’s digital financial services and lifestyle app TNG eWallet, has on Tuesday announced the launch of its first fully digital, in-app business financing platform that connects micro and small businesses to financial institutions, with CIMB Bank Berhad (CIMB) as its first financing partner on the platform.
