News
Thailand to invest $1.99B in AI, electronics, aviation, clean energy amid supply chain updates
Thailand has approved nine major investment projects worth a combined $1.99 billion across artificial intelligence (AI), advanced electronics, aviation, clean energy, and food, as global manufacturers reposition supply chains across Southeast Asia.
Singapore-based Nium acquires crypto wallet company Cypher to bridge fiat, digital asset payments infrastructure
Nium, a cross-border payments infrastructure company co-headquartered in San Francisco and Singapore, has acquired Cypher, a crypto-native non-custodial wallet and issuing company backed by Y Combinator and Coinbase Ventures.
East Asia food delivery GMV reaches $38.6B in 2025
The four East Asian markets generated an estimated $38.6 billion in food delivery platform gross merchandise value (GMV) in 2025, Momentum Works said Wednesday.
A.P. Moller Capital, Ayala complete partnership to accelerate AC Logistics’ growth
A.P. Moller Capital and Ayala Corporation announced Tuesday the completion of the strategic investment by A.P. Moller Capital – Emerging Markets Infrastructure Fund II in AC Logistics Holdings Corporation (AC Logistics), marking a significant milestone in the development of a leading integrated logistics provider in the Philippines.
Indonesia’s Xendit integrates with Philippines’ Dragonpay
Xendit, Indonesian payments infrastructure company, announced Wednesday the integration of Dragonpay Corporation, the Philippines’ alternative payments platfomr.
B Capital closes oversubscribed Ascent Fund III at $500M hard cap
B Capital, a global multi-stage investment firm, announced Monday the final close of B Capital Ascent Fund III, L.P. at its hard cap of $500 million in aggregate capital commitments.
Singapore Temasek’s net portfolio value hits $400B, doubling over past decade
The net portfolio value of Singapore's global investment company Temasek reached S$518 billion ($400.3 billion) as at March 31, 2026, representing a doubling of its portfolio over the past decade.
Malaysia’s Zetrix blockchain to build Philippines’ national blockchain infrastructure
Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to adopt Zetrix as a sovereign-grade blockchain platform.
Nasdaq-listed chicken restaurant chain CCHH signs $50M data center services deal in Malaysia
CCHH, a Nasdaq-listed company primarily operating Chicken Claypot and restaurant franchises, has signed a three-year, $50 million agreement to provide maintenance services for data center infrastructure projects in Malaysia.
AI Singapore launches AI for Good Festival to expand AI literacy for 5,000 youths
AI Singapore, a ministry-run talent development body, has launched the inaugural AI for Good Festival initiative, to expand AI literacy and responsible AI education at scale.
