News

Thailand’s Horizon Group raises $12.5M from Singapore’s Vertex Ventures SE Asia & India

Horizon Group, the Bangkok-headquartered consumer wellness company behind the Lunio sleep brand, has raised $12.5 million in a Series A round from Singapore-based Vertex Ventures Southeast Asia & India, which was the sole investor.

SEA AI funding rises 121 percent to $4.2 billion in 9M 2026 – Tracxn

Southeast Asia (SEA) artificial intelligence (AI) companies raised $4.2 billion in the first nine months of 2026 (9M 2026), up 121 percent from $1.9 billion in 9M 2025, Tracxn said on Thursday.

Cyberattacks against Singapore’s SPH Media expose personal data for 9% of its database

SPH Media, among the largest media publishers in Singapore, has experienced cyberattacks on five of its systems, which were a coordinated effort by the same threat actor.

Japan’s PCB maker Meiko invests $450M more in Vietnam factory, totaling $800M

Japan's Meiko Group, a manufacturer of printed circuit board (PCB), will invest $450 million more in its Hoa Binh factory in Phu Tho province of Vietnam, raising the total investment to $800 million.

DBS PayLah! users gain access to over 100 million QR merchants in China

More than three million DBS PayLah! users in Singapore can now make QR payments at over 100 million merchants across mainland China through Alipay and Weixin Pay networks, expanding the bank's cross-border payment coverage in the country, DBS said on Thursday. 

Asia’s AI boom brings growth opportunities but exposes ASEAN+3 to timing risks, says AMRO

Asia’s artificial intelligence (AI) investment boom is supporting exports and economic growth across ASEAN+3, but differences in the pace of infrastructure development, productivity gains and financial market adjustments could expose the region to risks if expectations outpace economic fundamentals, according to the ASEAN+3 Macroeconomic Research Office…

SeaX Ventures connects US heart-monitor startup Skribe to Southeast Asian clinics

SeaX Ventures, a venture capital firm headquartered in San Francisco with office in Bangkok, has helped US medical technology company Skribe Medical run clinical research in Southeast Asia, connecting the startup with hospital partners and recruiting more than 100 patients for its studies.

Alibaba advances T-Head chip unit toward Hong Kong listing

Alibaba has received HKEX confirmation to proceed with a proposed spin-off and Hong Kong listing of chip subsidiary T-Head, subject to approvals and market conditions.

TSMC approves up to $1 billion in OpenAI and Anthropic investments

TSMC's board approved potential investments of up to $500 million each in OpenAI and Anthropic, alongside $40.93 billion in capital appropriations.

Vietnam’s Stavian Group, Japan’s Midas Capital sign $1B submarine cable-AI infrastructure deal for Vietnam

Vietnam's conglomerate Stavian Group and Japan's Midas Capital will jointly invest in a submarine cable and digital infrastructure project in Vietnam, worth $1 billion.