As part of a project by Temasek Holdings and government-owned electricity and gas distribution company SP Group, seven buildings in Tampines – Central Tampines Mall, Telepark, Century Square, Tampines 1, OCBC Tampines Centre Two, Our Tampines Hub and UOB Tampines...
Hyundai Motor Group will complete its sophisticated assembly plant in Singapore in 2022, where it will assemble, sell and export the Hyundai Ioniq 5 and the Hyundai Ioniq 3 for Singapore and the rest of the Asia Pacific region. This puts the company in a prime...
Retail-Tech startup AImazing has announced the launch of its retail-analytics data platform, aimed at allowing mall management and real-time data analytics without the need for expensive integration. The Singapore-based company, which was founded in 2015, currently...
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced plans to develop smart solutions for helping farmers increase production and efficiency. The bank is currently working on the launch of a three-year soft loan scheme worth USD 1.8 billion...
In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the provision of two T-50TH advanced training jets and related support. The delivery of the aircraft...
The baht has depreciated by 10.4% against the dollar so far in 2021, helping the Thai export sector. According to the president of the Thai National Shippers’ Council, the weakening baht is considered a boon for exports, forecasting a 10% export growth in 2021....
Thailand is developing a 5G-powered intelligent medical information system in cooperation with five organizations including Mahidol University’s Faculty of Engineering, the Medicine and Engineering Faculties of Naresuan University, the Permanent Secretary Office...
AirAsia Digital (the digital arm of multinational low-cost airline AirAsia) and ride-hailing unicorn Gojek have announced a partnership whereby AirAsia Digital will acquire Gojek’s operations in Thailand. The USD 50 million deal is expected to strengthen the expansion...
Muji, a renowned Japanese retail company selling a wide variety of consumer goods, recently opened its first flagship store in Hanoi’s Vincom Center Metropolis, after opening a new store in Ho Chi Minh City in November 2020. The store in Hanoi, which measures...
Swedish furniture maker has announced that IKEA Philippines will open its outlet in the Philippines in the 4th quarter of 2021. It was originally planned to open in 2020 but was delayed because of construction adjustment. According to its Philippines store manager,...
Leading South Korean convenience store chain, emart24 has launched its first outlet in Malaysia, and plans to establish over 300 outlets nationwide within five years. The company has inked a master franchise agreement with local partner, United Frontiers Holdings Sdn....
Warung Pintar, an Indonesian startup helping digitize the country’s vendors, has announced a collaboration with Coca-Cola Europacific Partners Indonesia (CCEP Indonesia) to digitize the distribution system to traditional warungs or grocery stores without disrupting...