UK defense technology company SEA has announced that it has signed a strategic partnership agreement with Indonesian defense procurement company BTI Defence, to provide the Indonesian Ministry of Defence and Navy access to maritime defense technology. The partnership...
Thailand and Saudi Arabia have recently signed several agreements to cooperate in sectors including energy and tourism as the two nations restore full diplomatic ties. Specifically, the parties signed an energy cooperation agreement, which includes a memorandum of...
Singapore and the European Union (EU) have agreed to accelerate steps towards a comprehensive and forward-looking Digital Partnership between the two parties. They reaffirmed their shared ambition to bring the robust and longstanding EU-Singapore relationship into the...
Australia-based retail chain Harvey Norman is mobilizing its expansion plans for the Malaysian market in 2023 to improve its accessibility to cover a larger segment of customers nationwide. It plans to establish a new 47,300 sq ft store in Johor Baru. On opening a...
Vietnam’s first tech unicorn VNG has established a data center to fulfill the demand of retaining data within the Vietnamese territory, as required by the newly issued regulations. The data center was unveiled by VNG, a games-to-payments business planning to list on...
The government of Vietnam recently announced targets for foreign investment in agriculture to double to USD 34 billion by 2030. The country’s agricultural sector has grown by around 3% each year from 2010 to 2020, and today Vietnam’s rice exports account...
Thailand has received its first Textron Aviation T-6C Texan II turboprop trainers, which are meant for use in training or as attack aircraft. The Southeast Asian nation allocated THB 5.8 billion (USD 162 million) for 12 T-6Cs in 2020 in an effort to replace Pilatus...
Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
Institut Jantung Negara Sdn Bhd (IJN) plans to expand its reach by setting up cardiac centers outside Kuala Lumpur to improve healthcare access. IJN, which is also known as The National Heart Institute, will also be expanding its existing medical facility in Jalan Tun...
A key thrust of the recently launched National Hydrogen Strategy strategy is for Singapore to experiment with advanced hydrogen technologies on the cusp of commercial readiness. To this end, the Energy Market Authority (EMA) and the Maritime and Port Authority of...
Metro Pacific Investments Corporation (MPIC), a Philippine conglomerate that recently entered the dairy industry in early 2022, has announced its further expansion by partnering with the LR Group of Israel. The LR Group and MPIC’s Metro Pacific Agro-Ventures...
Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals. Rich countries, the Asian...
