In October 2022, at the 28th ASEAN Transport Ministers’ Meeting, the Association of Southeast Asian Nations (ASEAN) and the European Union (EU) and its member states signed the Comprehensive Air Transport Agreement (CATA) in Indonesia. Talks and negotiations that...
Swees Plant Based Foods Co., a Thai-based dairy-free cheese startup, recently announced that it will start production in the country’s first vegan cheese factory in early 2023. The new facility is expected to be fully operational by the end of 2023. Meanwhile, the...
Thai retailers are evolving from big box stores with a wide variety of products and prices to next-generation stores catering to a modern lifestyle and capitalizing on technology to offer personalized products and services. In effect, both large and small retailers in...
Singapore, in late October, planned the second phase of the national R&D program on food, to address the food security challenges faced by the country. An extra USD 165 million is allocated for the program in areas such as bettering the disease resistance and...
In a bid to encourage blockchain-related innovation, the central bank of Singapore: Monetary Authority of Singapore (MAS) introduced stricter digital asset regulations. MAS’ Managing Director, Ravi Menon, said that despite several warnings to investors against digital...
SR Technics, a world-leading MRO service provider with headquarters in Switzerland, recently signed a multi-year CFM56-7B Engine Support contract with Indonesia´s flag air carrier PT Garuda Indonesia (Persero) powering its Boeing 737 Next Generation. The contract will...
Indonesia is witnessing a surge in investment for nickel. Specifically, the country´s nickel-based industrial park in Sulawesi’s Morowali has seen investment to grow more than four times in the past four years, reaching USD 18 billion in 2022. The growth in investment...
Lunit, a medical AI software company, stated its participation in the ‘Indonesia AI Healthcare Course’, to demonstrate its product INSIGHT CXR, a CE-marked AI software that detects abnormalities via chest x-ray, and to educate the value of AI in tuberculosis...
To implement a low-carbon transition study for Indonesia, the French Development Agency (AFD) signed a partnership with the Coordinating Ministry for Maritime Affairs and Investment. In the words of Deputy Coordinating Minister for Forestry and Environmental...
Presidential Regulation Number 112/2022 was officially issued by the President of Indonesia in late September. The new regulation, referred to as the ‘Acceleration of Renewable Energy Development for the Provision of Electricity’, aims to attract more investors to...
Singaporean communications services provider MyRepublic recently announced the launch of Ignite, a new suite of enterprise ICT solutions catered to Small and Medium Enterprises (SMEs) in Singapore. This marks MyRepublic’s expansion into the Singapore enterprise...
The Thai government is currently expanding the country’s infrastructure connection with neighboring countries, which in turn is leading to higher cross-border trade. The Thai Department of Foreign Trade reports that the cross-border trade value between Thailand and...
