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News

Viettel Commits USD45.3 Million To Preserve Stake In Military Bank Rights Issue

The Southeast Asian Journal -
Military Bank is tapping shareholders for fresh capital as it scales lending to meet regulatory requirements.

Vietnam’s Electricity Authority Signs MoU With Global Energy Alliance To Modernize Power Grid

The Southeast Asian Journal -
Vietnam's Electricity Authority is exploring how AI-driven forecasting could reduce renewable energy errors and shorten grid disruptions.

Mount Ungaran, Telaga Ranu Geothermal Areas Awarded To PLN, Rano At Jakarta Convention

The Southeast Asian Journal -
Geothermal remains Indonesia's only renewable energy segment contributing directly to non-tax state revenue, ministry officials confirmed at IIGCE.

DBS Reports Threefold Rise In Millennial Clients Moving To DBS Treasures

The Southeast Asian Journal -
AI tools are helping DBS cut onboarding time for new wealth clients by about half.

Ryt Bank Says It Has Become Malaysia’s Largest Digital Bank At One Year Old

The Southeast Asian Journal -
Ryt Bank is rolling out a shared expense feature called Ryt Groups as it marks its first anniversary.

FBM KLCI To Expand To 50 Constituents In First Overhaul Since 2009

The Southeast Asian Journal -
FTSE Russell's Gerald Toledano cites strong market support for the KLCI's first major methodology overhaul in 15 years.

McDonald’s Malaysia And TNB Expand Rooftop Solar And EV Charging Partnership

The Southeast Asian Journal -
Implementation of the new McDonald's rooftop solar systems is set to run through 2026 and 2027.

Singapore Police Disrupt More Than 30,000 iMessage Accounts Linked To Courier Impersonation Scams

The Southeast Asian Journal -
Singapore has proposed raising penalties for non-compliance with anti-scam codes to S$10 million per breach.

GXS Bank Posts Heaviest Loss Among Singapore Digital Banks Despite Threefold Loan Book Growth

The Southeast Asian Journal -
ANEXT Bank's losses widened even as its deposit base crossed S$1 billion for the first time. Its CEO says a 2027 break-even target remains on track.

Ho Chi Minh City Finalizes 50-Year Lease For USD508 Million Evolution DC Hyperscale Data Center

The Southeast Asian Journal -
Competition for AI and cloud infrastructure investment intensifies as Evolution DC locks in its Saigon Hi-Tech Park lease.
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