Danantara lines up lower-cost financing for Indonesia's national electric motorcycles
State-owned banks are preparing lower-rate, longer-tenor financing to support investment in the newly launched Molinas electric motorcycle initiative.
Southeast Asia Connect
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Named and dated developments across Southeast Asia.
Bitazza completes Travel Rule infrastructure ahead of Thailand deadline
The licensed broker says its customer-verification and secure information-exchange systems are ready before the SEC enforcement date.
Jakarta says LRT extension is 97.99% complete
The 12.2km Velodrome-Manggarai extension has reached a late construction milestone, but passenger service is still scheduled for 26 August and must not be described as open.
HMI Medical buys Lifescan Imaging and expands Singapore diagnostics
The acquisition adds three imaging centres and takes HMI Medical to seven diagnostic sites, strengthening its ability to connect diagnosis with care outside hospitals.
ACWA and PT GARAM plan $400m East Java water and salt project
A joint development agreement covers a planned integrated desalination and industrial salt facility in Gresik; construction, financing and operating results have not yet been established.
Sea reports 48% revenue growth as Shopee and Monee expand
Second-quarter revenue reached US$7.8 billion, while Sea raised Shopee investment and kept its full-year profit target as a forward-looking goal.
PhilWeb says digital gaming solutions drove second-quarter growth
Revenue reached 352.4 million pesos and the digital solutions segment contributed 57%, while the company described AI work as an operating initiative rather than a completed outcome.
ESR and INA start two logistics developments near Jakarta
The partners broke ground on one Cikarang facility and announced a second Cibitung hub, with completion planned for 2027 and 2028 respectively.
Vietnam fines Grab over data consent and consumer disclosures
The VND1.36 billion penalty covers six consumer-protection breaches, including consent and disclosure requirements, according to reports citing Vietnamese authorities.
Indonesia launches its first physical gold ETF
The stock-exchange launch connects a physically backed investment product with Indonesia’s wider bullion-market and capital-market reform agenda.
Singapore industrial AI collaboration targets autonomous facility inspections
Avnet and Weston Robot say their edge-computing and robotics platform is designed to inspect factories, utilities and transport sites. The plan matters because it moves Singapore-developed physical AI toward commercial industrial use.
Vietnam digital-citizenship resolution takes effect on 15 August
Why this matters: Resolution 66.22 expands Vietnam’s national digital-identity system into public services, digital signatures and payment-account links, creating a new operating layer for fintech and government-service providers.