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News

Military Bank Targets USD308 Million In Shareholder Rights Offering

Asia Pacific Express -
Vietnam's state telecom giant Viettel is buying into Military Bank's rights offering to preserve its 14.7% ownership position.

Global Energy Alliance Bets On Vietnam’s Battery Storage Future

Asia Pacific Express -
Record peak demand above 58,000 MW exposed transmission bottlenecks in Vietnam's grid, prompting a new push toward digitalization and flexibility solutions.

Seven New Survey Areas Signal Indonesia’s Geothermal Ambitions

Asia Pacific Express -
The Mount Ungaran geothermal working area now belongs to state utility PT PLN following its award at Indonesia's geothermal convention.

Millennial Wealth Clients Surge At DBS Treasures In First Half 2026

Asia Pacific Express -
Seven in ten new DBS Treasures clients this year were already DBS retail customers before their upgrade.

Ryt Bank Passes 1.5 Million Customers On First Anniversary

Asia Pacific Express -
A closer look at Ryt Bank's anniversary numbers, including how they compare to rival GXBank's own reported customer base.

Bursa Malaysia’s 50-Stock Bet On A Broader Economy

Asia Pacific Express -
Technology, energy and REIT names are set to enter Malaysia's flagship benchmark for the first time under the new methodology.

TNB Electron Enters Fast Food As EV Charging Spreads Beyond Highways

Asia Pacific Express -
A 200kW EV charger at a Penang McDonald's marks TNB Electron's first entry into the food and beverage sector.

Singapore Scam Losses Jump 80 Percent In Two Weeks On iMessage Fraud

Asia Pacific Express -
A phishing campaign on Apple iMessage is exploiting a gap in Singapore's messaging safeguards, prompting new Codes of Practice under the Online Criminal Harms Act.

Trust Bank Nears Profitability As Deposits Approach USD4 Billion

Asia Pacific Express -
Singapore's digital banking sector is splitting into distinct profitability camps. Only one of five licensees turned a full-year profit in FY2025.

Singapore Consortium Backs Major Vietnam Hyperscale Data Center Push

Asia Pacific Express -
A Singapore consortium is investing $508 million in a 52-megawatt hyperscale data center in Vietnam's Saigon Hi-Tech Park.
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