News
Singapore DayOne Data Centers secures $3.7B financing package from 7 lenders
A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.
Singapore-based Bitdeer AI adds 60MW Malaysia facility, lifting secured AI capacity to 333.5MW
Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.
VinFast offers $60,000 per new electric motorcycle showroom in Indonesia, Philippines
VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, has offered dealer partners up to $60,000 for each new electric motorcycle showroom they open in the Philippines and Indonesia.
ST Engineering to open Transparency Centre in Singapore
ST Engineering plans to open a Singapore center in early 2027 to assess and strengthen autonomous vehicles, drones, robots and cyber-physical systems.
Zetwerk targets $2.64B valuation in $518M India IPO
India's Zetwerk is seeking a valuation of up to $2.64 billion in a $518 million IPO scheduled to open for public subscription on October 15.
IMF projects global economy to grow 3.1% in 2026
The International Monetary Fund (IMF) projects global growth will slow to 3.1 percent in 2026 before recovering to 3.4 percent in 2027, while within Southeast Asia, Vietnam at 8.4 percent growth and Malaysia at 5.2 percent can lead the region.
Murphy Oil starts Vietnam oil production at Lac Da Vang, reports nearby discovery
The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.
Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala
Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.
Infineon completes C2i acquisition to expand AI data center power R&D in India
Infineon has completed its acquisition of Bengaluru-based C2i Semiconductors, adding digital power-management expertise for AI data centers.
Japan’s Sumitomo Bakelite to expand chip-encapsulation material output in Singapore, China
Japan's Sumitomo Bakelite will expand production capacity for advanced semiconductor encapsulation materials for chip production at its plants in Suzhou, China, and Singapore, installing new production lines at both sites.
