Meta contracts Southeast Asian AI compute capacity from Firmus
The agreement names Meta as a customer for Firmus GPU capacity in Southeast Asia. The site, contract size and delivery date were not disclosed.
Southeast Asia Connect
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Named and dated developments across Southeast Asia.
Pandora opens first Vietnam factory, adding a manufacturing base beyond Thailand
Pandora has opened its first jewellery manufacturing site outside Thailand in Ho Chi Minh City. Its annual output, capacity gain and jobs figures remain future targets.
Infineon opens semiconductor assembly and test site in Thailand
Infineon's Samut Prakan backend manufacturing site has opened with around 350 people employed. Its planned expansion and further hiring remain future milestones.
Vietnam's September surplus leaves wider trade deficit intact
Vietnam recorded a preliminary September goods-trade surplus, but the January–September balance remained a US$19.42bn deficit as imports grew faster than exports. NSO separately reported growth in industrial production and manufacturing value added.
MBSB Bank provides RM66.35m for GO Energy solar projects at Malaysian campuses and stations
MBSB Bank is providing RM66.35 million in facilities for planned solar PV projects at 13 UiTM campuses and 35 BHPetrol stations. Commissioning and realised benefits remain unreported.
Samaiden signs two contracts for planned Malaysian solar plant
The roughly 100-megawatt project covers construction and component supply; work awaits a formal start notice.
Honda pauses car production at Prachinburi amid Thailand floods
Work also paused at Honda's Ayutthaya parts site from 2 to 6 October; a 7 October return was expected, not confirmed.
MetaOptics sets up Malaysian subsidiary; Penang site remains planned
The Singapore optics company has a new Malaysian legal entity, but has not announced an operating Penang facility, site timetable or customer orders.
DP World opens Bang Na centre for time-sensitive Thai cargo
DP World describes its roughly 10,000-square-metre Bang Na centre as an around-the-clock storage and distribution site near Bangkok and the Eastern Economic Corridor.
Mynt sets Php6.60 final offer price for IPO
A Philippine Stock Exchange notice records the final offer price, advancing the offering beyond the SEC-clearance stage reported in September.
PRECISE and Temus agree five-year precision-health centre
The five-year centre is planned to build secure genomics platforms and specialist skills for Singapore’s national precision-medicine programme.
LG showcases AI data-centre cooling portfolio in Singapore
LG Electronics presented its “Chip-to-Chiller” cooling portfolio for AI data-centre infrastructure at Data Center World Asia 2026 in Singapore, according to the company’s event release. The showcase brought