Latest Southeast Asia News

Firebrick Pharma secured regulatory approval for Nasodine Nasal Spray in Indonesia and launched Nasodine Throat Spray in Singapore and Fiji, while raising $1.5 million to fuel growth. The company aims to quadruple its product and market footprint within three years.

EcoGraf has signed a non-binding MOU with Mitsubishi Chemical Corporation to explore supplying up to 10,000 tonnes per annum of spherical graphite and natural flake graphite for battery anode materials, advancing its vertically integrated strategy.

ReadCloud Limited posted a record $5.2 million in quarterly cash receipts for Q2 FY26, driven by surging demand in its school-focused ReadCloudVET and eBooks divisions. The company now serves 440 schools and is on track to meet its FY26 financial targets without raising capital.

Xamble Group Limited is set to complete its acquisition of a majority stake in YouthsToday, expanding its influencer marketing platform across Southeast Asia and initiating an AI-driven transformation to enhance profitability and efficiency.

InFocus Group Holdings Limited (ASX: IFG) has unveiled a global technical preview of Codexa, its proprietary sweepstakes casino platform, marking a key step towards commercial operations in the US market. The platform features advanced technology including blockchain fairness verification and AI-driven personalisation.

Orbital UAV has entered the Middle East market with a USD 1.1 million order from a UAE sovereign government for its 50HFE propulsion systems and signed a long-term distribution agreement to expand its UAV propulsion presence.

SportsHero Limited has secured a major content deal with Playades, adding over 400 popular mobile games to its HeroPlay platform and boosting subscriber growth in Southeast Asia ahead of the FIFA World Cup 2026.

Hastings Technology Metals has acquired a 49% stake in a fully permitted rare earth processing plant in Thailand, aiming to commence production by late 2026. This strategic move offers a lower-cost, near-term production hub with potential to process feedstock from its Yangibana project.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

Firebrick Pharma has secured its first regulatory approval for Nasodine Nasal Spray in Indonesia, paving the way for entry into Southeast Asia’s largest market. This milestone marks a significant step in the company’s international expansion strategy.

Ovanti Limited has secured $711,200 through a discounted share placement to professional investors, aiming to support its global operations and expansion into the US buy now, pay later market.

Tolu Minerals has locked in a significant A$23.75 million investment from Indonesian heavyweights Petrindo and Petrosea, setting the stage for a major infrastructure push at the Tolukuma Gold Mine ahead of planned production in early 2027.