News

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales

Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.

Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansion

Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.

Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion

Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital.

Brinc launches Brinc Korea with acquisition of Next Stage Venture Studio

Brinc, the global venture accelerator with a portfolio spanning climate tech, AI, and IoT, has officially entered the South Korean market by acquiring Next Stage Venture Studio, a Seoul-based accelerator launched in 2024. The acquisition marks the first time a global accelerator has acquired a domestic accelerator in South Korea, signaling Brinc’s deepening…

Vietnam’s VinFast collaborates with four Philippine partners for service network expansion

Vietnamese electric vehicle (EV) carmaker VinFast announced Tuesday the official signing of collaboration agreements with four partners in the Philippines: Goodyear Philippines, Tire King and Rubber Products, Power Tread Services, and Marcjan Cavite.

VinFast signs new dealer agreements in France and Germany to expand network in Europe

Vietnamese electric vehicle (EV) maker VinFast announced last Thursday the signing of a dealership agreement with ASTRADA SIMVA, its first official dealer partner in France, and Schachtschneider Automobile GmbH & Co KG, its second dealer in Germany.

Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee

Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.

GIP–BlackRock explores $5B data centers investment in Thailand

Global Infrastructure Partners (GIP)–BlackRock is exploring a strategic partnership with “CP–True IDC” to strengthen Thailand’s digital infrastructure and build a regional giga data center hub with up to $5 billion investment.

Gentari inks deal to power TM’s key operations with solar energy

Malaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy.

Toyota acquires 40 percent stake in Astra’s used car unit for $120M

Indonesia-based conglomerate Astra and Japan-based automotive firm Toyota are strengthening their strategic partnership and expanding collaboration in the used car business in Indonesia through a partnership in PT Astra Digital Mobil (ADMO).