Gulf and Singtel plan VTS subsea cable investment linking Thailand and Singapore
The partners identify the Vietnam-Thailand-Singapore cable as their first initiative, with service targeted for 2030 and capital spending spread across several years.
Southeast Asia Connect
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Named and dated developments across Southeast Asia.
CARKU says its 24V truck-battery range is in Southeast Asia mass production
CARKU says a 24V lithium iron phosphate battery range shown at Automechanika Frankfurt is already being mass-produced in Southeast Asia, pointing to a potential alternative to lead-acid auxiliary power for commercial vehicles.
Vietnam sets supplier and technology tasks for its electronics industry
A 14 September government notice directs ministries to support domestic supplier links and core technology work in electronics; it sets administrative tasks, not new incentives or completed capacity.
YTL Power and Ganda reserve four more Siemens gas turbines for future projects
The 14 September reservations take the companies’ arrangements to seven units intended for projects in Malaysia and the wider region; they are not operating capacity.
Grab agrees to acquire a controlling stake in Atome Financial for US$1.49bn
The proposed 60% purchase would combine two regional lending platforms across five markets, subject to regulatory approvals and a targeted third-quarter 2027 close.
Coda expands Forter partnership as it enters new commerce markets
The Singapore-based digital-commerce company says its expanded use of Forter will connect payment authentication and fraud decisions as it grows internationally.
AI gains a place in financial decisions, but banks retain consumers’ trust
UOB’s five-market survey finds widespread reported use of AI advice, alongside a continuing preference for trusted financial institutions and human expertise.
Sungrow and ERS advance battery projects in Malaysia and the Philippines
Two four-hour storage projects total 997 MWh, pairing Malaysian grid flexibility with a Philippine scheme designed for wholesale power trading.
Philippine Seven turns to RELEX to replace spreadsheet stock planning
The 7-Eleven operator’s programme covers 27 distribution centres, with genieX supporting implementation and local integration.
BCDA advances utilities for New Clark City manufacturing hub
The Philippines is preparing infrastructure for a planned 1,600-hectare Pax Silica zone, while tenants, financing and the timetable for industrial operations remain open.
MIDA shifts Malaysia’s data-centre focus towards local value
Malaysia has drawn RM385.7 billion of data-centre-related investment since 2021; the next policy test is whether that scale produces local suppliers, skills and resource-efficient operations.
ASEAN employers shift from broad hiring to targeted capability bets
A six-market survey puts selective recruitment, operational efficiency and AI investment at the centre of business planning, while showing why regional averages need country-level interpretation.