Topic
southeast asia
Technology Agri-tech Platform Rize Secures $31 Million Series B to Scale AI-Powered Farming Tools in Southeast Asia
Rize, a Singapore-headquartered agri-tech platform, announced a $31 million Series B round ($20M equity, $11M debt) led by BNP Paribas Asset Management Alts, with participation from The Rockefeller Foundation, Temasek, and Breakthrough Energy Ventures. The funds will be used to scale AI-powered tools for farmers, expand into new markets, and strengthen export linkages across Southeast Asia, building on a tenfold growth in operations since its Series A two years ago.
Trade India pushes to upgrade ASEAN FTA, advances talks on CECA with Australia
India is pushing to upgrade the ASEAN-India Trade in Goods Agreement (AITIGA) through a multilateral review process, while also advancing negotiations on a balanced Comprehensive Economic Cooperation Agreement (CECA) with Australia. Prime Minister Narendra Modi will visit Indonesia, Australia, and New Zealand in July 2026 to bolster bilateral ties.
Commodities Conrad Secures Jackup Rig for Indonesian Gas Field Development
Conrad Asia Energy has secured a jackup drilling rig from Pertamina Drilling for the Mako Gas Field in Indonesia. This move marks a significant step in the development of the Duyung PSC, with drilling expected to commence in 2027.