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

Thai Union Advances Sustainable Aquaculture Collaboration to Decarbonize Shrimp Farming

Thai Union Advances Sustainable Aquaculture Collaboration to Decarbonize Shrimp Farming

Thai Union Group recently presented its strategy to expand shrimp farming decarbonization. The company is working with public and private stakeholders to explore how blue ...
US Company Announces First Sale of Drones in Thailand

US Company Announces First Sale of Drones in Thailand

AgEagle Aerial Systems Inc, a U.S.-based provider of drone and aerial imaging solutions, has recently completed its first sale of the eBee VISION fixed-wing drone in ...
Thailand Updates EV Policy to Boost Exports

Thailand Updates EV Policy to Boost Exports

Thailand has updated its electric vehicle (EV) incentive programs to support increased exports of battery electric vehicles (BEVs) and reinforce its role as a regional EV ...
IFC Partners with CleanMax to Scale Solar Solutions for Thailand’s Commercial and Industrial Sector

IFC Partners with CleanMax to Scale Solar Solutions for Thailand’s Commercial and Industrial Sector

The International Finance Corporation (IFC) has partnered with Clean Max Enviro Energy’s subsidiary, CleanMax Energy (Thailand), to invest USD 45 million in expanding solar ...
Thai University Partners with the Ocean Cleanup to Counter Plastic Waste with AI

Thai University Partners with the Ocean Cleanup to Counter Plastic Waste with AI

Chulalongkorn University has partnered with The Ocean Cleanup and Thailand’s Department of Marine and Coastal Resources to use camera and artificial intelligence technology ...
Thailand Inaugurates First Cancer Drug Manufacturing Facility

Thailand Inaugurates First Cancer Drug Manufacturing Facility

The Chulabhorn Royal Academy has opened Thailand’s first cancer drug manufacturing facility, certified under the globally recognized Good Manufacturing and Distribution ...
Bangkok Partners with Danish Specialist for AI for Waste Separation

Bangkok Partners with Danish Specialist for AI for Waste Separation

The Bangkok Metropolitan Administration (BMA) has partnered with Danish technology firm cBrain to apply artificial intelligence in verifying waste separation images submitted ...
Nippon Express Logistics Opens New Center in Thailand

Nippon Express Logistics Opens New Center in Thailand

Nippon Express Logistics (Thailand) Co., Ltd., a subsidiary of Nippon Express Holdings, Inc., has opened a new logistics facility in the Eastern Seaboard Industrial Estate ...
Taiwanese Flexible Printed Circuit Specialist Opens New Factory in Thailand

Taiwanese Flexible Printed Circuit Specialist Opens New Factory in Thailand

Taiflex Scientific Co., Ltd., a global producer of flexible printed circuit (FPC) materials from Taiwan, has officially opened its new manufacturing facility in Thailand. The ...
Central Retail Invests USD 2.8 Million to Open First Standalone Tops Market Supermarket in Eastern Bangkok

Central Retail Invests USD 2.8 Million to Open First Standalone Tops Market Supermarket in Eastern Bangkok

Central Retail has launched its first standalone supermarket under the Tops Market brand on Pattanakarn 30 in eastern Bangkok. The company invested approximately 100 million ...
Kerry Expands R&D Presence in Indonesia to Advance Sustainable Food Innovation

Kerry Expands R&D Presence in Indonesia to Advance Sustainable Food Innovation

Kerry has inaugurated its expanded office and Research, Development & Applications (RD&A) facility in South Jakarta, underscoring the company’s strengthened ...
US Firms Commit to Significant Investments in Indonesia

US Firms Commit to Significant Investments in Indonesia

The Indonesian Coordinating Minister for Economic Affairs announced several investment commitments from US-based companies in sectors such as clean energy, digital ...
Indonesia Signs Deal with Türkiye for Purchase of 48 KAAN Fighter Jets

Indonesia Signs Deal with Türkiye for Purchase of 48 KAAN Fighter Jets

Indonesia’s Ministry of Defense announced last month that the country has signed a contract with Türkiye to purchase 48 KAAN fighter jets as part of efforts to modernize its ...
Italy’s Eni Plans USD 10 Billion Investment in Indonesia’s Natural Gas Fields

Italy’s Eni Plans USD 10 Billion Investment in Indonesia’s Natural Gas Fields

Indonesia’s Minister of Energy and Mineral Resources announced that Italy-based energy company Eni plans to invest USD 10 billion (approximately IDR 150 trillion) in East ...
Canadian–Indonesian Partnership to Launch Smart Water Metering Pilot in Jambi City

Canadian–Indonesian Partnership to Launch Smart Water Metering Pilot in Jambi City

Perumdam Tirta Mayang Kota Jambi, the municipal water utility for Jambi City, and professional services firm GHD have signed a Letter of Intent (LOI) to launch a joint pilot ...
Indonesia Launches Single Window Clearance to Streamline Business Processes

Indonesia Launches Single Window Clearance to Streamline Business Processes

As integrated platforms and services gain prominence in Indonesia’s digital transformation agenda, the National Single Window Agency (LNSW) is translating these concepts into ...
Indonesia’s Siloam Hospital Implements First da Vinci Xi Surgical System

Indonesia’s Siloam Hospital Implements First da Vinci Xi Surgical System

Siloam Hospitals, one of Indonesia’s largest private hospital networks, has begun implementing the da Vinci Xi robotic-assisted surgery system developed by Intuitive ...
Indonesia’s State-Owned Railway Operator Explores Tram Partnership with Poland

Indonesia’s State-Owned Railway Operator Explores Tram Partnership with Poland

State-owned railway operator Kereta Api Indonesia (KAI) is in talks with Polish companies to explore potential collaborations in developing electric trams, which KAI’s ...
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