Startups & FundingSingapore
Temasek backs EQT-managed European tech fund targeting €5 billion
The European Commission has committed €1 billion to the fund, which aims to help European technology companies finance their expansion.
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The newest stories from every section and country of Asean Coverage.
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- Business & CompaniesVietnam
Hyosung TNC opens Vietnam bio-BDO plant with expansion planned
The company plans a US$1 billion investment to expand annual capacity in phases, depending on market demand.
- MarketsSingapore
DayOne weighs delaying or scaling back US IPO amid data centre volatility
A smaller offering could raise US$2.5 billion to US$3 billion, people familiar with the matter said. No final decision has been made.
Indonesia’s special economic zones cover 24,000 hectares, trailing regional peers
The country has 25 special economic zones, with cumulative investment of Rp382.1 trillion, according to Coordinating Economic Affairs Minister Airlangga Hartarto.
- Trade & PolicyPhilippines
Philippine pork tariff proposal draws warning over inflation
The British Chamber of Commerce Philippines cited September inflation of 7.2 per cent as it called for import duties to remain unchanged.
- EconomyIndonesia
Indonesia to cover VAT on domestic economy flights for year-end holidays
The incentive covers base fares and fuel surcharges, but excludes extras such as additional baggage and seat selection.
- Trade & PolicyVietnam
Ho Chi Minh City courts US investors in AI and strategic industries
The city is prioritising long-term investment in technology, biotechnology and smart healthcare following its administrative merger.
- EV & MobilityMalaysia
Prasarana payment system procurement decision expected by end-2026
The planned system would let Klang Valley and Penang commuters use bank cards, mobile wallets and QR codes for rail and bus fares.
- Banking & FintechSingapore
DBS extends PayLah! QR payments to Taiwan
More than three million users can access the service, with additional merchant coverage due in 2027.
- More SportsMore ASEAN
Van Vun wins Cambodia’s first Asian Para Games medal
The Cambodian wheelchair racer took bronze in the men’s T54 100-metre final in Nagoya, clocking 14.10 seconds.
