Investments

Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.

The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.

Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.

Vietnam and the United States have agreed on the content of a reciprocal trade agreement, and Vietnam has sent the final text to the United States, said Vietnamese Deputy Prime Minister Pham Gia Tuc.

India's Zetwerk is seeking a valuation of up to $2.64 billion in a $518 million IPO scheduled to open for public subscription on October 15.

The International Monetary Fund (IMF) projects global growth will slow to 3.1 percent in 2026 before recovering to 3.4 percent in 2027, while within Southeast Asia, Vietnam at 8.4 percent growth and Malaysia at 5.2 percent can lead the region.

Chinese industrial robotics developer Changzhou Microintelligence has passed a Hong Kong Stock Exchange listing hearing, advancing its proposed IPO.

TCGX has closed an oversubscribed $600 million fund to invest across stages in Asia-based biotechnology companies and is opening Hong Kong and Shanghai offices.

Syfe has launched Income+ Max, a Singapore portfolio combining equities, bonds, gold and call options to target 8–10 percent annual distributions.

The capital will be used to support developing economies in Southeast Asia, including Vietnam, Indonesia, the Philippines, Malaysia and Thailand, which rely on high-emitting fossil fuel power generation, to transit to a renewables-based future.