Business News
Business news to help you keep track of the latest developments and identify new opportunities across key sectors in South East Asia
Monthly Business News to Help You Understand the Market
PH’s Largest Sardines Brand on Expansion Spree
The Philippines' largest sardines brand, Mega Global Corporation, continues on its biggest expansion in the company’s history, a response to the double-digit growth in ...
More Luxury Companies Attracted by the Vietnamese Market
The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion in
LIXIL Launches DTC Flagship Store in Singapore
Japanese company LIXIL, the largest housing and building materials company in Japan, has launched a flagship showroom in Singapore. The 6,000 square feet store brings multiple
Indonesia’s E-Grocery Market to Reach USD 6 Billion by 2025
The COVID-19 pandemic is having a positive impact on the e-grocery market in Indonesia. While currently valued at USD 1 billion, the market is estimated to reach USD 6 billion
FGV Enters Animal Feed and Nutrition Segment with ALMA Brand
FGV Integrated Farming Holdings, a subsidiary of Malaysia’s largest agricultural and agri-commodities company, FGV Holdings Bhd, has entered the animal feed and nutrition ...
Bangkok to Have New Lifestyle Mall in 2022
Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of ...
Thammasat University Building Thailand’s First Medical Hub
Founded in 1934, Thammasat University (TU) is the second oldest university in Thailand. Today, Thammasat University is developing Thailand’s first medical hub with complete ...
Medgate Philippines Named Top Telehealth Provider in Asia Pacific
Healthcare Tech Outlook, an international healthcare technology print and digital magazine, has named Medgate Philippines as one of the top ten companies at the forefront of ...
Indonesia to Establish Elderly Medical Tourism in Bali
Indonesia has announced that it will establish a new Health Special Economic Zone (SEZ) in the Sanur area of Bali. The area will be dedicated to medical tourism targeting ...
DoctorOnCall Partners with Insurance Companies to Expand Malaysia’s Digital Healthcare Services
Malaysia’s largest digital healthcare platform, DoctorOnCall, is partnering with two of the major insurance companies in the country — namely Great Eastern Life Malaysia and ...
New Telehealth Regulations in Vietnam
Hospitals and medtech businesses are expected to benefit from the advancement of the legal framework on telehealth in Vietnam. Importantly, in March 2021 the Deputy Minister ...
A First-of-its-Kind Corneal Lenticule Banking Service in Singapore
Singapore consumer healthcare company Cordlife Group Limited has received a license from the Ministry of Health permitting the Company to launch OptiQ, a corneal lenticule ...
Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines
Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to ...
VinFast to Manufacture Batteries in Vietnam and Electric Cars in the US
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company's electric car ...
Shoe Manufacturer Asics to Relocate its Factories to Indonesia
Asics, a shoe manufacturer from Japan, plans to move its factories from China to Indonesia. As part of its relocation plan, Asics will build four factories in Java island. ...
Oatly Partners with Yeo’s to Produce Oat Milk in Singapore
Swedish plant-based milk maker Oatly and Singaporean beverage firm Yeo's are jointly investing USD 22.3 million in equipment and facility to produce oat milk in ...
Indian Auto Components Maker Uno Minda to Expand in Thailand
Auto components maker Uno Minda is planning to set up an office in Thailand to cater to the ASEAN market and strengthen relations with local OEMs, which will have the ...
German-based Leuze To Open First Production Plant in South East Asia
World-class optical sensor producer from Germany, Leuze Electronic GmbH + Co KG, will open its first South East Asia production plant in Melaka, Malaysia. The plant is its ...
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