Laos and Myanmar have signed a Joint Development Agreement to study a 2,790 MW hydropower project on their shared Mekong border. The feasibility phase is set to run 34 months.
COMO Hotels and Resorts has restructured its Southeast Asia sales model around the Thai luxury outbound traveler, appointing a Bangkok-based director for Thailand and Hong Kong as two new France properties launch.
Indonesia confirmed July 1, 2026 as the mandatory start date for its B50 biodiesel mandate, which blends 50% palm oil-derived FAME with 50% fossil diesel across all transport and industrial sectors.
IAEA Director General Grossi confirmed on June 14, 2026 that Malaysia is well-positioned to pursue nuclear power, citing research reactor experience as a technical foundation.
Amazon Web Services has launched its first AWS Local Zone in Hanoi, bringing cloud infrastructure closer to Vietnamese users. For fintech firms, the development is relevant to latency-sensitive and data-residency-driven workloads.
Clicx Bank has launched as Thailand’s first virtual bank, opening with an app-based savings product and a promotional rate of up to 4% per year. The debut gives Thailand its first live test of branchless commercial banking.
Stripe processed USD 1.9 trillion in payment volume in 2025, equivalent to 1.6% of global GDP. Its next bet is making AI agents and stablecoins the default rails for Asia-Pacific commerce.
Nuvei is acquiring Payoneer for USD 2.75 billion, combining payment acceptance with cross-border payout rails across 150-plus markets. A major consolidation moment for global fintech infrastructure.
Singapore gets its first purpose-built co-living and serviced residence development. Mber Co-Living opens in Serangoon, combining 61 units with 14 communal spaces and a GYMber wellness facility.