SEA

Indonesia’s data center sector is entering a structurally differentiated growth phase, with Batam increasingly positioned as a regulatory compliance and Singapore-linked overflow hub, while Jakarta continues to anchor core hyperscale and enterprise demand, according to BMI Country Risk and Industry Research.

Southeast Asia saw a total of 14 initial public offerings (IPOs) that raised $1.8 billion in the first quarter of 2026, a 48 percent decline in volume but 174 percent increase in proceeds compared with 27 IPOs raising $700 million in the first quarter of 2025, EY said Monday.

Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.

"We are targeting to launch the new fund in the first quarter next year," Creador Founder and Chief Executive Officer Brahmal Vasudevan told TNGlobal.

South Korea will launch pilot projects testing artificial intelligence (AI)-based smart city technologies across five Southeast Asian countries, as part of efforts to address urban challenges while supporting the overseas expansion of domestic firms, Korean media reported on Monday.

The Asian Development Bank (ADB) has announced plans to mobilize up to $6 billion by 2030 and provide institutional support to capital market regulators in Southeast Asia to accelerate the development of the region’s capital markets and strengthen its long-term financial resilience against external shocks.

Registration for the tour is strictly limited to ensure high-quality interactions. Interested parties are encouraged to apply early to secure their place in this exclusive delegation. The final deadline for participants to join the upcoming tour is May 1, 2026.

Carefully selected from across the globe, these industry pioneers and leaders will represent BEYOND Expo in promoting the event to outstanding innovative companies, entrepreneurs, and tech talents worldwide, while connecting high-quality resources.

J&T Global Express (J&T Express), a global logistics service provider affiliated with e-commerce platforms such as TikTok, Temu, SHEIN, reported first-quarter 2026 parcel volume of 8.33 billion, a 26.2 percent increase year-on-year, with average daily volume reaching 92.5 million.

The Asian Development Bank (ADB) has launched a $25 million multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN) — the first such fund in the region.