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Vietnam records foreign investment $14.2B in semiconductor, to further attract big tech

Vietnam's semiconductor sector has so far recorded foreign direct investment (FDI) of $14.2 billion in 241 projects and will strive to further attract global big tech to invest in the country.

Microsoft plans $1B investment in Thailand’s cloud and AI infrastructure

Microsoft announced a plan to invest more than $1 billion in cloud and artificial intelligence (AI) infrastructure in Thailand between 2026 and 2028, following a meeting in Bangkok between Vice Chair and President Brad Smith and Prime Minister Anutin Charnvirakul.

Singapore’s Groundup.ai secures $10M maintenance contract

Groundup.ai, Singapore-based agentic AI for cognitive maintenance, announced Monday it has officially closed a contract exceeding $10 million — the largest in the company’s history.

Thailand’s Nightify raises $500,000 to expand nightlife experiences

Nightify, a Thailand-based platform focused on discovering, booking, and managing nightlife experiences, has raised a total of US$500,000 in seed funding, in a round led by A2D Ventures and other angel investors across the hospitality, retail, and consumer sectors.

Southeast Asia-focused courier J&T Express records $12.2B revenue in 2025, up 19%

Indonesia-headquartered J&T Global Express, a global logistics service provider affiliated with China's smartphone brand Oppo, reported a revenue of $12.2 billion in 2025, up 18.5% year-on-year, the firm said in a release on Monday.

Singapore-based Bitcoin mining facilitator Bitdeer to jointly develop 180 MW AI data center in Norway

Bitdeer Technologies Group, a Singapore-headquartered technology firm focusing on artificial intelligence (AI) and Bitcoin mining infrastructure, will jointly develop an AI data center in Norway, with a capacity of 180 MW.

How a Russian bank is building its own language model GigaChat from scratch

Sber is Russia's largest bank and one of the country's leading technology companies, whose ecosystem of AI-powered digital, financial, and retail services reaches tens of millions of users. Anton Frolov heads the Generative AI Development division and oversees the research and development of GigaChat, Russia's own neural network. In this TNGlobal Q&A,…

Japan’s Furukawa Electric to invest $345M in data center cooling production in Philippines, Thailand, China

Furukawa Electric is set to invest at least JPY55 billion ($345 million) in expanding data center cooling production in the Philippines, Thailand, and China, the Japanese firm said in a release on Monday.

Ho Chi Minh City, Vietnam, city, skyscrapers

Lotte Ventures Vietnam: State fund expected to boost private venture capital sector in Vietnam

Vietnam's establishment of state funds for venture capital, such as Hanoi with a VND600-billion ($22.8 million) venture capital fund and Ho Chi Minh City with a VND500-billion, can help boost private venture capital in Vietnam, according to experts.

Maybank completes on-chain tokenized FX and cross border payment via MYR-SGD corridor

Malaysia's largest lender Maybank has successfully completed the first transaction under its inaugural pilot project for tokenized deposits and cross-border payments with Yinson Holdings Berhad, a Malaysia-based energy infrastructure company.