On location

Vietnam seeks to halt rare earth export

Vietnam's Ministry of Industry and Trade suggested that rare earth minerals stay off the list of minerals permitted for export in the current period, without details of the length of the "current period."

Philippine EV adoption to accelerate despite charging infrastructure constraints – BMI

BMI Country Risk and Industry Research has forecasted electric vehicle (EV) sales in the Philippines to increase by 11.2 percent year-on-year in 2026, from 29,479 units to 32,776 units.

Zeekr Malaysia, SkyPark to utilize luxury EV for VIP airport transfers in Subang

Zeekr Malaysia, the local arm of China's Zeekr, and SkyPark FBO Malaysia will use the Zeekr 009 luxury electric van for airside passenger transfers at a business-aviation center in Subang, near Kuala Lumpur.

Hong Kong-based events firm BUUU to buy 60% of data-center maker Brightray, move to Singapore

Nasdaq-listed BUUU Group, a Hong Kong-based events and stage-production company, will buy a 60 percent stake in Brightray Science, a maker of prefabricated modular data centers, and will relocate its headquarters to Singapore.

Analysts maintain overweight stance on the Malaysian technology sector

Analysts have maintained its overweight stance on the Malaysian technology sector, underpinned by the broadening semiconductor upcycle and sustained earnings momentum.

Grab outlook resilient despite rising Foodpanda competition – Maybank

Grab Holdings’ outlook remains broadly constructive despite increasing competitive risks in Southeast Asia’s food-delivery market, with strong growth in its mobility business and continued improvement in deliveries margins providing support to the group’s earnings, according to Maybank Investment Bank said on Monday.

Synopsys, Singapore’s A*STAR to cooperate in advanced chip packaging, AI simulation

The United States-based Synopsys and Singapore's Agency for Science, Technology and Research (A*STAR) will jointly develop advanced semiconductor-packaging and simulation technologies for artificial intelligence (AI) and high-performance computing.

US-based Circle to buy Singapore’s Tazapay for $400M to expand USDC cross-border payments

The United States-based Circle Internet Group, the issuer of the USDC stablecoin, will acquire Singapore's Tazapay, a cross-border business-payments company, in an all-stock deal to expand its global payments network.

server room aisle with metal equipment racks

Malaysia data centers hit record 9.3 percent share of power use amid heat

Malaysia’s data centers reached a record 9.3 percent share of Peninsular electricity use in mid-August as hot weather increased cooling demand.

Granite Asia targets Asian middle market with private credit strategy

Granite Asia is focusing its private-credit strategy on mid-sized Asian companies after raising more than $500 million for Libra Hybrid.