Southeast Asia

In a bid to replicate the success of its South Korean hit ‘Squid Game’, Netflix Inc. (NASDAQ:NFLX) is boosting its local content production in Southeast Asia. What Happened: Netflix is increasing its investment in original programming in Southeast Asia, particularly in Indonesia and...

The Middle East and North Africa (MENA) and Asia games market experienced a 4.6% increase year-on-year, reaching $85.5 billion in 2023, and is projected to rise to $97.1 billion by 2028. The study, conducted by Niko Partners (via GamesIndustry.biz), includes China, India, East Asia (Japan and Korea...

Amazon.com Inc. (NASDAQ:AMZN) has announced a $9 billion investment in expanding its cloud computing infrastructure in Singapore. This decision comes as part of a broader trend of global tech companies increasing their presence in Southeast Asia. What Happened: The $9 billion investment will be...

U.S. tech giant NVIDIA Corp (NASDAQ:NVDA) has announced plans to build a $200 million artificial intelligence (AI) center in Indonesia, marking a significant step in its Southeast Asia expansion strategy. What Happened: Nvidia is partnering with Indosat Ooredoo Hutchison, a local telecommunications...

In a recent shift of geopolitical dynamics, a survey reveals that Southeast Asian nations now favor China over the U.S. as their primary alignment choice. What Happened: A recent survey by the ISEAS-Yusof Ishak Institute, showed China’s popularity in Southeast Asia increasing from 38.9% last...

Tether (CRYPTO: USDT) plays a critical role in facilitating a "parallel banking system" utilized by organized crime groups. What Happened: According to the United Nations (UN), USDT has become a favored payment method for criminal activities, particularly in the illegal gambling sector in...

Stablecoin issuer Tether (CRYPTO: USDT), in collaboration with crypto exchange OKX, Monday announced the freezing of approximately $225 million in USDT tokens that were identified in external self-custody wallets linked to a Southeast Asian human trafficking syndicate involved in a...

Social trading platform Alpha Impact introduced copy trading for Binance (CRYPTO: BNB) futures, with the platform now being recognized as an official broker partner. This announcement is timely, considering the growing interest in digital assets and their future potential, a topic that will be...

Crypto platform Blockchain.com on Tuesday, announced that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The exchange received its in-principle approval from MAS in September 2022. With this license in hand, Blockchain.com is now...

Concordium, a technology firm known for its Layer 1, science-backed blockchain, has entered into a strategic partnership with IMPERO Group, a prominent technology consulting firm in Southeast Asia. This partnership moves Concordium's expansion strategy forward, with the company providing...

Electric vehicle company Tesla Inc (NASDAQ: TSLA) is the market leader in the U.S. and in several parts of the world. Does the company have one of its next growth markets mapped out? What Happened: Tesla could soon be entering Thailand as one of its newest international markets, according to a...

Viu is now Southeast Asia’s second largest streaming video-on-demand service by paid subscribers, just behind the Walt Disney Co’s (NYSE: DIS) Disney+ and ahead of Netflix Inc (NASDAQ: NFLX), Bloomberg News reported on Monday, citing research firm Media Partners Asia....

Alibaba Group Holding Ltd (NYSE: BABA) needs to expand its horizons beyond China and Southeast Asia if it is to keep up current levels of growth, an analyst told CNBC Thursday. What Happened: Gil Luria, director of research at D.A. Davidson, talking on the “Squawk Box Asia” program,...