Vertical

KWAP to commit $47M in Malaysia’s Lestari Cooling Energy

Malaysia’s national public sector pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is expected to commit up to MYR 190 million ($47.38 million) of capital in Lestari Cooling Energy Sdn. Bhd.

Singapore’s Tazapay raises $36M Series B funding led by Circle Ventures

Tazapay, a Singapore-based payment infrastructure provider for emerging markets, announced the close of its Series B extension led by Circle Ventures, bringing total Series B funding to $36 million.

a woman in a blue shirt and purple tie

Account recovery as an identity problem: How to safely re-establish trust before a password reset

We still treat account recovery like a minor inconvenience. A login fails, users click “reset password,” and move on. But in 2026, the problem isn’t about restoring access—it’s about identity.

Foxconn invests $287M in Vietnam unit Fulian Precision Technology Component

Taiwan's Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.

Australia’s Lynas, Korea’s LS Eco Energy to jointly product rare earth metals in Vietnam

South Korea's LS Eco Energy, under South Korea's giant LS Cable & System, in a cooperation with Australia's Lynas Rare Earth, will build a rare earth metal factory in Vietnam, the Australian firm announced Thursday.

Indonesia signals tighter scrutiny on Chinese e-commerce – Momentum Works

Indonesia is sending a clear message to foreign e-commerce platforms, particularly those linked to China, even as it stops short of an outright ban, according to market analysts Momentum Works.

DV8 to acquire Rakkar Digital, plans capital injection of $2.7M

Thailand-based media, advertising, and event management firm DV8 Public Company Limited has announced a strategic acquisition to acquire Rakkar Digital Company Limited to broaden its presence in Thailand’s digital asset services sector.

Iran conflict shifts battery upside to BESS and wider electrification – Fitch

China’s battery manufacturers’ technology and cost leadership should keep them as beneficiaries of the global energy transition following the Iran conflict and related supply shocks, said Fitch Ratings.

Middle East tensions pose mixed risks for semiconductor supply chain, Malaysia partially insulated – Maybank

Malaysia’s semiconductor industry, concentrated on assembly, test, and packaging (ATP), is relatively insulated from immediate supply disruptions caused by rising tensions in the Middle East, Maybank Investment Bank said Thursday.

Germany’s semiconductor firm AIXTRON to build factory in Malaysia

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.