The Sabah state government, under Chief Minister Datuk Seri Hajiji Noor, has announced the construction of a MYR 4 billion (USD 852 Million) hydroelectric dam in Ulu Padas, Tenom to address the state’s persistent water shortage. Slated for its groundbreaking in...
Ericsson, the Swedish telecommunication giant, has inaugurated its 5G production facility in South East Asia in Penang, Malaysia, in partnership with the American electronics and supply chain firm, Flex. The state-of-the-art facility is set to produce Ericsson’s...
Woodpeckers Group, responsible for managing Llaollao’s Spanish Natural Frozen yogurt in Malaysia, has inked a 20-year franchise deal with Cha Thai International, bringing the Thai tea brand ChaTraMue to the country. Under the agreement, their intention is to...
Four international renewable energy firms recently announced their collective intent to investigate prospects for manufacturing solar panel components and energy storage systems in Indonesia. The companies involved include Vena Energy, headquartered in Singapore,...
The National Research and Innovation Agency (BRIN) is in the process of formulating a strategy to facilitate the establishment of nuclear power plants in Indonesia. The Deputy for Development Policy at BRIN recently emphasized the potential of nuclear energy to...
State-owned company PT Hotel Indonesia Natour (HIN) has recently called for domestic and international investors to enhance and fortify facilities and services within the Health Special Economic Zone (SEZ) located in Sanur, Denpasar, Bali. PT HIN’s President...
Indonesia has taken significant steps to enhance its defense capabilities. In a strategic move, Indonesia signed a Heads of Agreement (HoA) with Sikorsky for the procurement of 24 Lockheed Martin/Sikorsky S-70M Black Hawk helicopters. This agreement, facilitated by PT...
Indonesia recently celebrated the production of its first locally-made organic cheese. This cheese represents the concrete outcome of a collaborative initiative that harnessed Danish agricultural knowledge in partnership with Indonesian counterparts. The primary aim...
The Mekong Delta is set to attract impressive industrial investments to the region through a series of large-scale infrastructure projects. Among these projects, the Vinh Thanh Industrial Park, which will cover 293.7 hectares in Can Tho City, will receive USD 153...
In August 2023, Ericsson and RMIT University signed in the presence of the Swedish and Australian Ambassadors to Vietnam an agreement to launch the RMIT & Ericsson Artificial Intelligence (AI) Lab at RMIT’s campus in Hanoi. The joint AI Lab initiative is an...
The UK-Vietnam Free Trade Agreement (UKVFTA), along with other new-generation trade agreements, offers Vietnam significant chances to attract more foreign direct investment (FDI) into the pharmaceutical sector, a particularly welcomed development given that Vietnam...
City Oil Field, a waste recycling firm from South Korea, has recently struck a commercial deal with Vietnam’s largest environmental company BIWASE for recycling waste plastics in the Southeast Asian country. In 2020, BIWASE partnered with City Oil Field to manage...
