The Cyber Security Agency of Singapore (CSA) will launch a scheme in May 2023 to develop cybersecurity health plans with funding support for small-medium enterprises (SMEs). The scheme will see cybersecurity consultants take on the role of the SMEs’ “Chief Information...
The Department of Trade and Industry (DTI) has renewed its call for the resumption of talks for a free trade agreement (FTA) with the European Union (EU). In a meeting with the members of the European Parliament Sub-Committee on Human Rights, DTI Trade Secretary...
A recent report from KPMG International Ltd and HSBC Holdings Plc has disclosed that the number of startups in Vietnam almost doubled between the start of the Covid-19 pandemic and mid-2022. The growth is supported by some of the biggest investors in the world, such...
Thai agro-industrial and food conglomerate CP Foods recently announced plans to increase the installation of solar panels at 180 animal farms, feed mills, and processing plants across Thailand, with a total capacity of 65 Megawatts (MW) by 2023. The company is gearing...
The South Australian Government is leading the way in the hydrogen trading market with a new USD 12.5 million initiative to generate low-cost green hydrogen from renewable resources and export it to Indonesia. Partially funded by Japan’s Ministry of the Environment...
During German President Frank-Walter Steinmeier’s three-day official visit to Malaysia in February 2023, he praised Malaysia as a prime destination to diversify businesses, citing that over 700 German companies operate in Malaysia, many of which run production plants...
Singapore and the European Free Trade Association (EFTA) have launched negotiations on an EFTA-Singapore Digital Economy Agreement (DEA). EFTA and Singapore share strong trade and investment relations underpinned by the 2003 EFTA-Singapore Free Trade Agreement. The...
With the opening of its 1,000th store in the Philippines, Watsons has reached a significant milestone and now operates 8,000 locations throughout 15 markets in Asia and Eastern Europe. The new flagship store is situated in The Block, SM City North Edsa Block in...
In February 2023, Growatt announced the opening of the first phase of its production facility in the northern coastal city of Hai Phong, where it will manufacture solar inverters, storage inverters, and batteries. To serve the surging demand of the US market as well...
Hitachi Energy has announced the successful installation and commissioning of its RTU560 solution for Metropolitan Electricity Authority (MEA) in Thailand as part of its project to upgrade the power network in Bangkok and its neighboring regions. The installation of...
Astra Daihatsu Motor, a joint venture between Japan’s Daihatsu and Indonesian conglomerate Astra International, has begun constructing a new automobile assembly plant in Indonesia, according to a statement released in February 2023. The new plant will be...
Malaysia’s Defense Ministry will purchase 18 fighter jets from Korea Aerospace Industries Co (KAI), South Korea’s sole aircraft manufacturer, for 1.2 trillion won (USD 920 million). KAI will export 18 FA-50 light attack aircraft jets to the Royal Malaysian...