Business News

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia

Monthly Business News to Help You Understand the Market

Thomson Medical Unveils USD 4.3 Billion Johor Bay Project to Boost Healthcare

Sep 2025 Singapore, Healthcare

Thomson Medical Group, a Singapore-listed healthcare provider, has unveiled an SGD 5.5 billion (USD 4.26 billion) development named Johor Bay within the Johor-Singapore ...

Agridence Acquires Geneva’s Traceability Platform Farmer Connect

Sep 2025 Singapore, Agrifood

Singapore-based agritech firm Agridence Group has acquired Geneva-based Farmer Connect, combining the two digital platforms to strengthen global traceability and compliance ...

FairPrice Trials Automated Discounts & AI Assistants at New Punggol Digital District Store

Sep 2025 Singapore, Retail/FMCG

FairPrice, Singapore’s supermarket chain, has introduced a new trial at its outlet in Punggol Digital District to make shopping more seamless using automation and AI. One of ...

Evonik Opens Asia’s First Net-Zero Alkoxides Plant in Singapore to Power Regional Growth

Sep 2025 Singapore, Manufacturing

Evonik has opened Asia’s first large-scale alkoxides production facility on Singapore’s Jurong Island, marking a major expansion of its specialty chemicals footprint in the ...

Keppel Shifts Focus to ICT and Digital Infrastructure with Regional Expansion, Sells M1 Telecom Stake

Sep 2025 Singapore, ICT

Singapore’s Keppel Ltd is accelerating its shift toward digital infrastructure and ICT services, combining regional expansion with strategic divestment in traditional ...

NTT DATA and Kajima Unveil KPI-Driven Smart Building at Singapore’s GEAR Hub

Sep 2025 Singapore, Infrastructure

NTT DATA has teamed up with Kajima to transform The GEAR, Kajima’s regional headquarters and R&D hub in Singapore, into a model of KPI-driven smart building management. ...

Singapore Deepens Regional Green Trade Links with India Through Eco-Labelling Pact

Sep 2025 Singapore, Environment

Singapore has strengthened its regional sustainability leadership with a new Memorandum of Understanding (MoU) between the Singapore Environment Council (SEC) and India’s CII ...

Singapore Unveils New Standard to Cut Data Center IT Energy Use by 30%

Sep 2025 Singapore, Energy

Singapore’s Infocomm Media Development Authority (IMDA) has launched a new standard, SS 715:2025 – Energy Efficiency of Data Center IT Equipment, which aims to cut the energy ...

Singapore-U.S. Team Up to Build High-Speed Dual-Use Surface Effect Ships

Sep 2025 Singapore, Defense/Aerospace

A new U.S.–Singapore partnership aims to produce a next-generation Surface Effect Ship (SES) that can serve both defense and civilian needs. Singapore’s Strategic Marine and ...

Singapore Boosts 2025 GDP Forecast to 1.5%-2.5% Amid Strong Q2 Growth

Sep 2025 Singapore, Economy

Singapore’s economy demonstrated resilience in the second quarter of 2025, expanding by 4.4% year-on-year, surpassing the initial advance estimate of 4.3%. This ...

UMSC Launches Q-Ward, Malaysia’s First AI-Driven Smart Ward to Transform Patient Care

Sep 2025 Malaysia, Healthcare

The UM Specialist Centre (UMSC) has introduced Q-Ward, Malaysia’s first fully operational smart ward equipped with advanced digital systems designed to enhance patient care ...

U Mobile and MRCA Partner to Accelerate Digitalization of Malaysia’s Retail Sector

Sep 2025 Malaysia, Retail/FMCG

U Mobile, a 5G network provider in Malaysia, has partnered with the Malaysia Retail Chain Association (MRCA) to accelerate the digital transformation of the country’s retail ...

Mercedes-Benz Malaysia and P.UP Launch On-Demand Mobile EV Charging Service

Sep 2025 Malaysia, Infrastructure

Mercedes-Benz Malaysia has partnered with Power-Up (P.UP) by Nazamax Malaysia to introduce a mobile electric vehicle (EV) charging service designed to make EV ownership more ...

BYD to Build First Malaysian Assembly Plant at Perak’s KLK TechPark

Sep 2025 Malaysia, Manufacturing

Chinese electric vehicle (EV) company BYD has selected Perak’s KLK TechPark in Tanjong Malim for its first automotive assembly plant in Malaysia. The assembly facility will ...

Petronas and Microsoft Expand Strategic Partnership to Boost Malaysia’s AI Ecosystem

Sep 2025 Malaysia, ICT

Petroliam Nasional Berhad (Petronas), Malaysia’s state-owned utility firm, has expanded its strategic collaboration with Microsoft through a new memorandum of understanding ...

Malaysia Mandates Recycling Facilities in All Shopping Malls Starting 2026

Sep 2025 Malaysia, Environment

The Malaysian government will require all shopping malls nationwide to have recycling facilities starting January 1, 2026, as a condition for business licence approvals. This ...

B.Grimm Power to Invest Over USD 1 Billion in Malaysia’s Renewable Energy and Power Sectors

Sep 2025 Malaysia, Energy

Singapore’s B.Grimm Power, a Thai energy firm, is set to invest over MYR 4.3 billion (around USD 1.02 billion) in Malaysia’s renewable energy (RE) and power sectors over the ...

Malaysia commits more than USD 240 billion in investments to ease trade imbalance with the US

Sep 2025 Malaysia, Economy

Malaysia has agreed to purchase and invest over USD 240 billion with the United States to help narrow the trade deficit and secure a reduction in US reciprocal tariffs, from ...

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