Indonesia

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.

Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.

Indonesia's Indosat Ooredoo Hutchison has launched Zankore by Indosat, an AI infrastructure platform targeting 1 GW of NVIDIA DSX AI Factory capacity, in collaboration with Qatar's Ooredoo Group as lead investor, Finland's Nokia, and US chipmaker NVIDIA.

Indonesia's McEasy, a fleet and transportation management platform, has raised $9 million in a Series B round combining equity and debt.

Singapore-based game publisher iterco has opened iterhaus, a creative hub, and Porch, a community café, in South Jakarta, marking an expansion beyond game publishing into physical community infrastructure for Indonesia's creative industry.

New U.S. Section 301 tariffs took effect on Friday (July 24) across 60 economies, hitting seven Southeast Asian nations: Malaysia, Cambodia, and Indonesia with a 10 percent additional duty, while Vietnam, Thailand, the Philippines, and Singapore face the higher rate of 12.5 percent.

London-headquartered Gorilla Technology Group (NASDAQ: GRRR) has raised aggregate gross proceeds of $232 million from two bond financings, directing the capital toward AI infrastructure programs in Indonesia, India, and Thailand.

Singapore's Rize, an agricultural technology company working to reduce emissions from rice cultivation, has raised $31 million in a Series B round comprising $20 million in equity and $11 million in debt financing.

Tencent Cloud, the cloud business under Chinese giant Tencent, has expanded its international suite of AI agent solutions to the Indonesian market.

Maybank Indonesia Syariah and Muslim Pro have launched Amanah Pro, an embedded Islamic banking experience that allows users of the Muslim Pro app to open a Shariah-compliant Hajj savings account in minutes through a paperless process.