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 Secures USD 150 Million ADB Loan for Sustainable Shrimp Production
Thai Union Group Public Company Limited has secured a USD 150 million Blue Loan from the Asian Development Bank. This is the first Blue Loan for Thailand’s seafood sector and ...
Airbus Plans Thailand Aviation Hub with New Asia Pacific Center
Airbus projects a demand for about 20,000 new aircraft in the Asia Pacific region over the next 20 years, representing half of global aircraft demand. Anand Stanley, ...
Thailand’s Strategic Plan to Counter Upcoming US Tariffs
Thailand has launched a USD 15 billion economic stimulus package aimed at strengthening its export-driven economy against rising global challenges, particularly new tariffs ...
Leading Thai Wind Power Firm to Triple Capacity by 2037
Thailand’s largest wind power producer, Wind Energy Holding, plans to invest USD 2.6 billion to nearly triple its domestic generation capacity by 2037. The company aims to ...
Thailand’s Rising Waste Volume Drives Expansion in Recycling Business Sector
In 2023, Thailand recorded its highest waste volume at 26.95 million tons, reflecting growing consumer demand and post-pandemic economic recovery. Although 72% of total waste ...
Bangkok Medical Software Releases AI Tool for Hospital Efficiency
Bangkok Medical Software (BMS), in partnership with Looloo Health, has launched PresScribe, an AI-powered tool designed to improve healthcare delivery in Thailand. The tool, ...
Thai Prime Minister and Global Infrastructure Partners’ CEO Meet While the Country Registers a Surge in Digital Infrastructure Investment
Suphachai Chearavanont, CEO of Charoen Pokphand Group (CP Group), and Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners (GIP), recently met with Prime ...
Mober From Philippines Expands to Thailand for IKEA Delivery Operations
Mober, a logistics technology company based in the Philippines, recently began its operations in Thailand as part of its regional expansion strategy. The move responds to the ...
American Company Launches New Chemical Manufacturing and TechCenter Facility in Thailand
MKS Instruments, a U.S.-based provider of enabling technologies, has announced the groundbreaking of a new chemical manufacturing and technology center at the Asia Industrial ...
Thailand Projected to Emerge as Southeast Asia’s Luxury Retail Center
Thailand’s luxury retail market is currently valued at USD 4.4 billion and is expected to grow by about 5% annually through 2028. This positions the country as the top luxury ...
Indonesia Partners with Oracle to Establish Southeast Asia’s Largest AI Center
Indonesia has partnered with Oracle Corporation, a leading American multinational in cloud infrastructure, to develop what is expected to become Southeast Asia’s largest ...
US and Indonesia Sign Dairy Agreement to Enhance Trade and Industry Cooperation
In May, the U.S. Dairy Export Council (USDEC), the National Milk Producers Federation (NMPF), and KADIN, the Indonesian Chamber of Commerce, signed a memorandum of ...
France and Indonesia Sign Agreement Paving Way for Potential Future Defense Deals
France and Indonesia have signed a defense agreement that may lead to future Indonesian purchases of French military equipment, including Rafale fighter jets and Scorpène ...
Indonesia and France Sign 27 Memorandums of Understanding Valued at USD 11 Billion
Indonesia and France signed 27 memorandums of understanding (MoUs) totaling USD 11 billion, underscoring their commitment to strengthening bilateral cooperation across ...
Indonesian and French Energy Firms to Develop Solar and Battery Storage Project
RGE and TotalEnergies, through their jointly owned venture Singa Renewables (Singa), have signed a Co-Investment Agreement to develop, construct, and operate a utility-scale ...
Indonesia and Japan Expand Cooperation in Clean Energy and Infrastructure Development
Indonesia and Japan are strengthening their strategic collaboration in renewable energy and environmentally sustainable infrastructure through the Asia Zero Emission ...
Indonesia and Sweden Expand Healthcare Collaboration
The Indonesian Ministry of Health has signed several Memorandums of Understanding (MoUs) with the Swedish government and healthcare companies to strengthen bilateral ...
Indonesian and German Rail Operators Promote Green and Digital Developments
Indonesian rail operator Kereta Api Indonesia (KAI) signed a Memorandum of Understanding (MoU) with German national rail operator Deutsche Bahn (DB) to support the ...
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