News
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.
Taiwan’s IC design firm Fitipower establishes presence in Malaysia
Taiwan-based Fitipower Integrated Technology Inc., an integrated circuit (IC) design company, has established its presence in Malaysia.
Rio Tinto partners with AI Singapore to strengthen AI capabilities
Global miner Rio Tinto has signed a memorandum of understanding (MOU) with AI Singapore (AISG) to develop and scale artificial intelligence (AI) solutions that address operational challenges across its supply chains.
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.
Singapore’s Datakrew raises $2.6M Pre-Series A to scale EV battery intelligence platform
Datakrew, a Singapore-based deep-tech company developing battery intelligence for electric mobility, has raised $2.6 million in Pre-Series A funding to accelerate the global rollout of its flagship platform OXRED MyFleet, strengthen artificial intelligence (AI)-driven analytics capabilities, and expand operations across Asia, Europe, and Americas.
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.
China leads global shift toward digital manufacturing: MHP report
China is advancing rapidly in next-generation manufacturing, while parts of Europe are struggling to keep pace due to legacy systems and structural challenges, according to the Industry 4.0 Barometer 2026, a study on industrial digitalization conducted by Germany-based management and IT consultancy MHP.
