Thailand has announced plans to build a smart city in an industrial hub near Bangkok for a total value of USD 37 billion. The initiative is already receiving investment pledges from leading companies in areas of automotive, robotics, healthcare and logistics. The...
The Central Bank of Thailand, together with those of four other Southeast Asian countries, recently announced to have reached an agreement to connect their payment systems by November 2022, aiming at making transactions easier for travelers within the region. This...
British advanced materials’ group Haydale and Vittoria, and an Italian manufacturer of performance bicycle tires, entered into an agreement to collaborate on the innovation and supply of graphene with Vittoria already receiving its first order for one ton of...
Starbucks Thailand has revealed plans for a new expansion strategy, which involves the opening of an additional 30 coffee shops in Thailand every year until 2024, for a total of 90. Starbucks Thailand highlighted that the decision to expand follows a period of higher...
Malaysia’s national energy company, Petronas has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd., a Japanese project development and trading conglomerate, to undertake joint conceptual and feasibility studies on carbon capture and storage (CCS)...
Malaysian Energy and Natural Resources Ministry (KeTSA) has targeted Malaysia to be equipped with 40% renewable energy (RE) by 2035. KETSA’s Deputy Minister Datuk Ali Biju stated that the RE installation in the country had reached 23% as of July 2022, during the 2nd...
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that Malaysia is aiming to establish itself as a biomass hub, in keeping with the country’s status as the second largest palm oil producer and biggest biomass industry contributor. The...
Malaysian Investment Development Authority (MIDA), the country’s principal investment promotion agency, has approved Smart Automation Grants (SAG) totaling MYR 138.5 million (USD 30.94 Million) to 238 companies by June 30, 2022. MIDA has launched The Smart Automation...
Malaysia has signed several memorandums of understanding (MoUs) in various fields including defense with Turkey during the official visit of Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob to the Republic in July 2022. Ismail has also visited Turkey’s two...
DART, a Manila-based quick-commerce provider, plans to tap the underserved online grocery market to grow its presence in the country as it banks on its 15-minute guarantee of instant grocery delivery service. DART is teaming up with Robinsons Supermarket to leverage...
Hematogenix, a US-based global clinical research central laboratory specializing in oncology (cancer research) has established the first central oncology laboratory for clinical trials in Malaysia. The project’s accumulative investment is worth MYR 39 million (USD 9...
A leading distributor headquartered in Switzerland, DKSH has established a partnership with Oatly, the largest oat beverage in the world from Sweden through its DKSH Business Unit Consumer Goods in Malaysia. DKSH’s Business Unit Consumer Goods can capitalize on...
