Latest Southeast Asia News

xReality Group Limited reported a robust 36% revenue increase in FY25, driven by rapid expansion of its Operator XR platform and strategic balance sheet improvements. The company’s optimistic outlook for FY26 is underpinned by new contracts, AI investments, and international distributor expansion.

ParagonCare reported solid FY25 results, progressing well on its complex merger integration and expanding its footprint in Asia through the acquisition of Somnotec Group.

SportsHero has officially launched its HeroPlay mobile gaming platform in Indonesia through a partnership with Indosat Ooredoo Hutchison, offering over 600 instantly playable HTML5 games to nearly 99 million potential users.

BlueScope confirms its first-half FY2026 earnings guidance at the lower end of expectations, highlighting a mix of regional challenges and growth initiatives as it navigates cost pressures and market shifts.

Emerald Resources has secured full development and operational permits for its Memot Gold Project in Cambodia, alongside an extension of the Okvau Gold Mine agreement to support underground mining. These approvals mark a pivotal step in the company’s expansion plans in Southeast Asia.

Kingsgate Consolidated Limited is nearing a resolution in its long-standing TAFTA dispute with the Kingdom of Thailand, signaling potential progress in a complex international trade matter.

Energy World Corporation Ltd has outlined a strategic reset including a $442 million debt-to-equity conversion and is progressing towards commissioning its flagship Pagbilao LNG and power project in the Philippines, alongside advancing its Sengkang LNG facility in Indonesia.

Xamble Group reports a revenue rebound to A$1.7 million in Q3 2025 alongside narrowing EBITDA losses, reflecting early gains from its transformation strategy and technology investments.

MyEco Group reveals a strategic pivot towards expanding its MyEco branded products, achieving a 9% sales increase in FY25, and implementing a $2.5 million cost-saving operational restructure aimed at EBITDA breakeven in FY26.

Activeport Group has landed a major contract to provide orchestration software for a GPU platform in Thailand, marking a significant step into the country’s expanding $10 billion telecommunications market.

Range International has completed a significant capital raise of A$1.58 million through a two-tranche placement, positioning itself for growth in Indonesia and the Philippines while reducing debt.

First Graphene has completed its initial industrial-scale shipment of graphene-enhanced TPU masterbatch to PT Alasmas, marking a key milestone in commercialising advanced materials for durable work boots in Southeast Asia.