Top 5 Southeast Asia Business News (Last 24 Hours)

Top 5 Southeast Asia Business News - January 29, 2026

1、Digital Edge to invest US$4.5B in Indonesia data center campus

Singapore-based Digital Edge announced a US$4.5 billion data center project in Indonesia, driven by surging AI and cloud computing demand.

2、Indonesian equities plunge 7% after MSCI flags concerns

Indonesian stocks dropped ~7% after MSCI raised issues about foreign ownership limits and free float ratios, sparking capital outflow fears.

3、Grab's ASEAN food delivery market share rises to 55%

Survey shows Grab captured 55% of Southeast Asia's food delivery market in 2025, leading competitors. Regional transaction volume grew 18% year-on-year.

4、EU and Vietnam strengthen cooperation on minerals, chips, and 5G

Draft agreement deepens collaboration on critical minerals, semiconductors, and secure 5G networks to build resilient supply chains.

5、Philippines invests millions to upskill BPO workers

Government funding aims to train outsourcing workers against AI automation threats, maintaining the Philippines' competitive position as a global outsourcing hub.

Key themes: Digital infrastructure, capital market volatility, platform economy, and tech supply chain cooperation dominated the past 24 hours in Southeast Asia.