financefintech· 5 Jul 2026
Labuan IBFC climbs to 55th in GFCI, second in ASEAN fintech
Labuan International Business and Financial Centre, established in 1990 off Sabah, has risen to 55th in the Global Financial Centres Index and now ranks second in ASEAN for fintech after Singapore. Industry assets reached US$94 billion in 2025, with nearly 5,000 operating companies from 100+ countries, growing captive insurance, Islamic digital finance, and cross-border wealth structuring under a single regulator, Labuan FSA.
Why it matters
Labuan IBFC's climb up the Global Financial Centres Index - to 55th globally and 2nd in ASEAN for fintech - matters because credibility, not just tax efficiency, is now the currency of cross-border finance. Malaysia's FATF 'regular follo…
Source: South China Morning PostRead story → Investment· 28 Jun 2026
Asean firms to allocate 81% of investments within Asia
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MalaysiaInvestment· 28 Jun 2026Penang secures RM4.9 bil in approved manufacturing investments
Penang secured RM4.9 billion in approved manufacturing investments in the first quarter of 2026, the second highest ranking state in Malaysia.
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MalaysiaInvestment· 28 Jun 2026Malaysia secures RM92.8bil approved investments in 1Q 2026
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PhilippinesInvestment· 28 Jun 2026FDI inflows rise to 3-month high in Philippines
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MalaysiaInvestment· 28 Jun 2026Malaysia's approved investments marginally lower at RM92.8 bil
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VietnamInvestment· 28 Jun 2026Samsung plans $1.5 billion chip testing plant in Vietnam
Samsung Electronics plans to invest 39 trillion dong to establish a semiconductor testing plant in Vietnam, according to a proposal document.
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VietnamInvestment· 15 Jun 2026Work began on a USD500 million Meiko semiconductor plant in Vietnam
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SingaporeTechnologyDigital Economy· 15 Jun 2026Singapore refreshed its National AI Strategy priorities
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MalaysiaInvestment· 15 Jun 2026Malaysia approved RM92.8 billion of investment in Q1 2026
Malaysia recorded RM92.8 billion in approved investments in the first quarter of 2026, with the projects expected to create more than 50,000 jobs.
Infrastructure· 15 Jun 2026
Sarawak called for a common framework for the ASEAN Power Grid
Sarawak’s premier said a shared regulatory and implementation framework is needed to make the cross-border ASEAN Power Grid operational.
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SingaporeTechnologyDigital Economy· 15 Jun 2026Singapore launched the ASPIRE 2B national AI supercomputer
Singapore launched ASPIRE 2B to support advanced AI and high-performance computing research in areas including climate and healthcare.
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ThailandTrade· 15 Jun 2026Thailand advanced the ASEAN-China FTA 3.0 protocol for ratification
Thailand’s cabinet approved submission of the upgraded ASEAN-China Free Trade Agreement protocol to the legislature for ratification.
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MalaysiaData CentresDigital Economy· 15 Jun 2026Alibaba Cloud opened a new Johor cloud region
Alibaba Cloud launched a Johor region with two data centres, taking its Malaysian footprint to five facilities and expanding cloud and AI capacity.
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VietnamInfrastructure· 15 Jun 2026Vietnam proposed a USD6.5 billion Ho Chi Minh City-Mekong Delta railway
Vietnam outlined a USD6.5 billion rail link between Ho Chi Minh City and the Mekong Delta, which would be the region’s first new railway in 70 years.
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VietnamInvestment· 15 Jun 2026Vietnam FDI inflows rose 34.9% in the first five months of 2026
Vietnam reported nearly 35% growth in foreign investment inflows, while disbursed FDI reached USD9.75 billion, the highest five-month figure in five years.
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IndonesiaData CentresDigital Economy· 15 Jun 2026Chinese investor proposed a USD5 billion AI data centre in Batam
A Chinese company signed an agreement supporting a proposed USD5 billion artificial-intelligence data-centre investment in Batam.
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IndonesiaData CentresDigital Economy· 15 Jun 2026STT GDC accelerated a 360MW Jakarta data-centre pipeline
ST Telemedia Global Data Centres announced expansion milestones across four Jakarta facilities supporting more than 360MW of AI-ready capacity.
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VietnamInvestment· 15 Jun 2026LG Innotek selected Vietnam for its first semiconductor substrate plant
LG Innotek announced plans to establish its first semiconductor substrate production base in Vietnam as it expands advanced packaging capacity.
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PhilippinesInfrastructure· 14 Jun 2026Gov't eyes 9 flagship infra projects done by end 2026
The Philippine government aims to complete 9 flagship infrastructure projects by late 2026, including the Cavite-Laguna Expressway, Metro Manila Flood Management Project, and the NLEX-SLEX Connector Road.
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VietnamInfrastructure· 14 Jun 2026Work starts on Hanoi–Quang Ninh high-speed railway
Vietnam held a groundbreaking ceremony for the Hanoi-Quang Ninh high-speed railway at Ha Long Xanh Station, a strategically significant transport project connecting the capital to the coastal province.
Source: en.vietnamplus.vnRead story →
VietnamInfrastructure· 14 Jun 2026Vietnam breaks ground on $910M expressway to landlocked Laos
Vietnam broke ground on a 60-kilometer expressway connecting to the Laos border. The project aims to improve regional connectivity and facilitate trade with its landlocked neighbor.
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IndonesiaTrade· 14 Jun 2026Indonesia plans state export body for key commodities
Indonesia plans to establish a state export body for key commodities. Thermal coal exports reached 174 million mt by May 20, 2026, following a 2025 total of 520.7 million mt.
Source: spglobal.comRead story →
IndonesiaTrade· 14 Jun 2026Indonesia unveils plan to centralise control of commodity exports
Indonesia unveiled a plan to centralise exports of key commodities like palm oil and coal through a state agency to boost government revenue.
Source: ReutersRead story →
IndonesiaTrade· 14 Jun 2026Indonesia's commodity export crackdown sows confusion
Analysts warn that Indonesia's new centralised commodity export rules could cause market confusion despite the goal of recovering billions in revenue.
VietnamTrade· 14 Jun 2026Vietnam does not have a policy of creating excess capacity, PM tells US
Vietnam Prime Minister clarifies that the country does not have a policy of creating excess capacity during trade agreement talks with the US following planned tariff announcements.
Source: ReutersRead story →
IndonesiaTrade· 14 Jun 2026Indonesia vows transparency as it starts transition to centralised commodity exports
Indonesia transitions to centralised commodity exports for coal, palm oil, and nickel; exports of these goods exceeded $65 billion last year.
VietnamTrade· 14 Jun 2026US hits Vietnam with third probe as trade pressure grows
The US launched a third trade probe against Vietnam as the trade gap between the two nations widened to US$178.2 billion in 2025. Vietnam previously faced tariffs reduced from 46% to 20%.
Source: Business TimesRead story →
ThailandTrade· 14 Jun 2026Thailand pushes EU free trade deal to reduce US reliance
Thailand is accelerating negotiations for a free-trade agreement with the European Union to mitigate risks and reduce reliance on the US market amid tariff uncertainties.
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