Latest news and trends about tech
Vietnam’s AI infrastructure provider GreenNode triples capital to $32M
GreenNode, the artificial-intelligence (AI) cloud unit of Vietnam's tech giant VNG, has registered an increase in its charter capital to VND835 billion ($32 million) from VND 245 billion.
Thailand’s SCG to soon restart Long Son Petrochemicals complex in Vietnam
The Siam Cement Group (SCG), a major industrial conglomerate in Thailand, will soon resume operation of the $5-billion Long Son Petrochemicals (LSP) complex in Vietnam.
Singapore DayOne Data Centers secures $3.7B financing package from 7 lenders
A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.
Singapore-based Bitdeer AI adds 60MW Malaysia facility, lifting secured AI capacity to 333.5MW
Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.
VinFast offers $60,000 per new electric motorcycle showroom in Indonesia, Philippines
VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, has offered dealer partners up to $60,000 for each new electric motorcycle showroom they open in the Philippines and Indonesia.
ST Engineering to open Transparency Centre in Singapore
ST Engineering plans to open a Singapore center in early 2027 to assess and strengthen autonomous vehicles, drones, robots and cyber-physical systems.
Zetwerk targets $2.64B valuation in $518M India IPO
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.
Singapore’s Igloo expands beyond Asia Pacific with Turkey’s Sigortayeri partnership
The partnership marks Igloo’s first foray outside Asia Pacific, and makes it among the first in the Turkish market to cover cyber bullying. Mitsubishi Corporation, which has a long-standing relationship with Çalık Group including Aktif Bank, facilitated the partnership.
Global economy can grow 3.1% in 2026; Vietnam, Malaysia can lead Southeast Asia
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.
Malaysia’s RewardinMe enters Myanmar, onboards major fintech player to gamified marketing platform
The expansion, made through a partnership with Thailand-based market-access and B2B consultancy RevSEA, kicked off last month with the launch of an 18-month gamified marketing campaign for one of Myanmar’s largest e-wallet providers.
