Japan
Japan’s Meiko Electronics to further invest $50M in Vietnam
Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.
Japan’s automaker Mitsubishi Motors to join Philippines EV program, plans hybrid production in 2028
Mitsubishi Motors Corporation will join the Philippine government’s Electric Vehicle Incentive Strategy (EVIS), signaling a move to expand its electrification efforts in the country, the Japanese automaker said in a press release on Monday.
Malaysia’s insurtech firm PolicyStreet raises $21M in Series C funding round
Malaysia-founded PolicyStreet has secured RM84 million (US$21 million) in the first close of its Series C funding round, the insurtech firm said in a press release on Wednesday.
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.
Toyota to build $360M factory line in Vietnam to manufacture hybrid vehicles
Japan's automotive manufacturer Toyota is set to invest $360 million in building a hybrid vehicle line within its factory in Vietnam, Toyota Vietnam CEO Hirata Osamu said.
Japan’s office software provider Cybozu to invest $6.4M in Malaysia expansion
Japan-based Cybozu, a collaborative office software company known for its Kintone platform, has committed an initial $6.4 million investment to expand its operations in Malaysia.
Vietnam opens $266M national space center with Japanese support
The Vietnam National Space Center, developed with official development assistance (ODA) from Japan, was inaugurated on March 13 with the participation of Vietnamese Prime Minister Pham Minh Chinh.
Japan, ASEAN to integrate QR code payments by 2025 – report
Five ASEAN member countries, namely Singapore, Indonesia, Thailand, Malaysia and Philippines, signed a memorandum of understanding on payment integration between the countries in 2022 and began interaction in several areas.
Japanese tech firms eye Thailand’s 2 trillion baht digital economy
With the recent shift of some of the world's largest technology companies' supply chains out of China and into Southeast Asian markets like Vietnam, the whole region is poised to become more prominent in the global technology landscape. Countries like Thailand are likely to benefit from this trend, and companies that establish a presence in these markets…
Daiwa VC fund manager DCI Partners launches $135M fund to accelerate drug discovery
Tokyo-based DCI Partners, a venture fund manager of Daiwa Securities Group, has announced the launch of Daiwa Taiwan-Japan BioVenture Investment Limited Partnership II, a $135 million (JPY 14 billion) investment fund intended for drug discovery.
