News

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.

Debug by Google expands Singapore site to accelerate AI, automation against mosquito-borne diseases

Debug, a Google initiative to reduce mosquito-borne diseases, announced Tuesday the expansion of its research and development (R&D) and mosquito production capabilities in Singapore.

Singapore’s Agibot to supply 143 AI robots for Michigan data center project

Singapore-based AGIBOT Pte. Ltd, under Chinese humanoid robot developer AGIBOT, will supply up to 143 robots for deployment at a Michigan data center, focused on artificial intelligence (AI) operations.