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IFC provides up to $350M financing to Indonesia’s broadband player Linknet
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, is providing a financing package of up to a $350 million in Indonesian Rupiah equivalent to support PT Link Net Tbk (Linknet), a wholesale fixed broadband infrastructure provider in Indonesia, to support its nationwide expansion of high-speed…
Dutch semiconductor giant Besi plans €10M to further build production facility in Vietnam
The Netherlands' BE Semiconductor Industries N.V (Besi), a leading global supplier of semiconductor assembly equipment, plans to expand its footprint in Southeast Asia with a new production facility in Vietnam.
Thailand launches RISE fund to strengthen national research and innovation
Thailand has introduced a new phase in its national research and innovation strategy with the launch of the Thailand RISE Fund, a rebranded national funding initiative aimed at accelerating the transition from academic research to tangible economic and social impact.
Singapore’s Singtel partners Silicon Valley AI firm Sierra to deploy customer service agents
Singtel and conversational AI company Sierra will jointly enhance Singtel’s customer engagement capabilities using artificial intelligence, the company said in a press release on Wednesday.
Malaysia steps up push into IC design, advanced packaging and other high-value technologies
The Ministry of Science, Technology and Innovation (Mosti), through Mimos Bhd, is sharpening its focus on integrated circuit (IC) design, advanced packaging and other high-value technologies as Malaysia pushes to deepen its role in the semiconductor value chain.
Maybank reduces Sea’s FY26-27 adjusted EBITDA estimates by 8 to 10 percent on lower margin assumptions
Maybank Investment Bank has reduced Singapore-based tech giant Sea's FY26-27 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 8 percent to 10 percent on lower margin assumptions.
Fasanara and IFC launch new strategy to expand access to finance for MSMEs in emerging markets
Global fintech firm Fasanara Capital and the International Finance Corporation (IFC), a member of the World Bank Group, have announced plans to create a pioneering lending strategy aimed at helping micro, small, and medium-sized enterprises (MSMEs) in emerging markets access the capital they need to grow, especially businesses led or owned by women.
Vietnam’s VinEnergo adds 10 GW renewable portfolio in Denmark, Sweden, Philippines
VinEnergo, the energy arm of Vietnam's top conglomerate Vingroup, has secured development agreements for a 10 gigawatt (GW) overseas renewable energy portfolio spanning Denmark, Sweden and the Philippines.
Indosat Ooredoo Hutchison sets up Security Command Center in Indonesia with Cisco
Indosat Ooredoo Hutchison (Indosat), has officially launched its Security Command Center (SCC) in Jakarta, marking a significant leap forward for Indonesia’s digital resilience as artificial intelligence (AI) rapidly transforms the threat landscape.
Sea’s revenue rises 36.4 percent year on year in 2025
Singapore-based tech giant Sea saw its revenue jump 36.4 percent year on year to $22.9 billion in 2025, with gross profit growing 42.2 percent year-on-year to $10.2 billion.
