News

Vietnam’s cryptocurrency trading platform ONUS halt cashout amid police activity

Many users are unable to login into ONUS Pro, a digital asset exchange platform serving South East Asia with a focus on Vietnam, from the weekend.

Singapore’s Grab to buy Delivery Hero’s Foodpanda Taiwan business for $600M

After the acquisition, Grab will have a presence across 21 cities in Taiwan.

Southeast Asia’s “super app” Grab earns revenue $3.37B in 2025, Malaysia remains biggest market

Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.

Singapore’s Horizon Quantum lists in US after merging with dMY Squared

Horizon Quantum Computing Pte. Ltd., a Singapore-based software infrastructure for quantum applications, has been listed as a special purpose acquisition company in the United States following the business combination with dMY Squared Technology Group, Inc. (dMY).

Indonesia sovereign wealth fund Danantara opens waste-to-energy partner registration

PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.

Malaysia-based Gobi Partners seeks to join Vietnam’s $19M VC initiative

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.

Vietnam’s Ho Chi Minh City to facilitate AMD to invest in R&D center

Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.

Taiwan’s IC design firm Fitipower establishes presence in Malaysia

Taiwan-based Fitipower Integrated Technology Inc., an integrated circuit (IC) design company, has established its presence in Malaysia.

Rio Tinto partners with AI Singapore to strengthen AI capabilities

Global miner Rio Tinto has signed a memorandum of understanding (MOU) with AI Singapore (AISG) to develop and scale artificial intelligence (AI) solutions that address operational challenges across its supply chains.

Hong Kong Trade Development Council launches GreenBiz campaign in Thailand

The Hong Kong Trade Development Council (HKTDC) opened the GreenBiz HK campaign in Bangkok on Wednesday, promoting collaboration between Hong Kong and Thailand in green economy.