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
Malaysia Invests USD 6.4 million in Talent R&D for Aerospace and Medical Devices Sectors
The Malaysian government has allocated a grant of MYR 30 million (USD 6.4 million) to Collaborative Research in Engineering, Science & Technology (CREST), an ...
Sarawak Aims to Generate 10GW Of Renewable Energy By 2030, Seeks International Partnership
Sarawak, a key player in Southeast Asia’s green economy, is on track to become a major renewable energy hub by leveraging its abundant indigenous resources. With plans ...
Malaysia, Argentina Foster Agricultural Collaboration
Malaysia and Argentina engaged in discussions about collaborating in the livestock, agriculture, and halal certification sectors. Both countries have recognized the potential ...
Masimo Opens New MedTech Production Plant Worth USD 21 Million in Johor, Malaysia
US-based medical device giant Masimo Corporation expands its global footprint with the inauguration of a new production facility in the state of Johor, Malaysia, aimed at ...
Malaysia Launches First Faculty of Artificial Intelligence, With Humanities Focus
The Ministry of Higher Education (MOHE) is spearheading the establishment of Malaysia’s inaugural Faculty of Artificial Intelligence (AI) in partnership with Universiti ...
Malaysia Ranks 27th In Global Opportunity Index, Leads the Region for Best Investment Condition
The Malaysian Investment Development Authority (MIDA), the government’s principal agency for the promotion of the manufacturing and services sectors highlights ...
Malaysia Advances National Energy Efficiency Action Plan 2026-2035 (NEEAP 2.0)
The Malaysian Ministry of Energy Transition and Water Transformation, alongside the Energy Commission (EC), the national regulatory body for the energy industry, is crafting ...
Malaysian Telcos Partner with ZTE to Demonstrate Advanced 5G and AI Technologies
Two major Malaysian telecommunication companies, CelcomDigi Berhad (CelcomDigi) and U Mobile Sdn Bhd (U Mobile), have joined forces with ZTE Corporation, a global leader in ...
TT Vision Partners with Autowell for USD 34.91 Million Solar Automation Venture
TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell ...
99 Speed Mart Eyes Bursa Malaysia Debut with Ambitious Expansion Goals
99 Speed Mart Retail Holdings, Malaysia’s leading mini-market chain retailer, is preparing for its potential debut on Bursa Malaysia’s Main Market, the ...
Thaicom Selects American Company to Supply New Satellite
Thaicom Public Company Limited (Thaicom), a leading Thai satellite and space tech company, has announced the selection of Astranis, an American company specializing in ...
Mitsubishi and Thai Oil and Gas Company Explore Ammonia Gas Turbine Power
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, just signed a Memorandum of Understanding (MoU) with Thai ...
USTDA Supports Next Generation Wi-Fi for Improved Healthcare in Thailand
The US Trade and Development Agency (USTDA) recently signed a grant agreement with Ramathibodi Hospital, Mahidol University for a feasibility study and pilot project to ...
Thailand Aims to Attract USD 28 Million from Foreign Filmmakers, Offers Incentives
Thailand is aiming to attract more than THB 1 billion (USD 28 million) in investment from foreign filmmakers in 2024, according to the director-general of the Department of ...
Thailand Inaugurates Large Hydro-Floating Solar Hybrid Project
The Electricity Generating Authority of Thailand (EGAT) just announced the commencement of operations at the 24 MW Hydro-floating Solar Hybrid Project at Ubol Ratana Dam in ...
PepsiCo Builds High-Capacity Logistics Automation System with Dematic in Thailand
Food and beverage giant PepsiCo has partnered with Dematic, an American supplier of materials handling systems, software and services, to integrate automation as a central ...
Thailand Publishes Rules for Virtual Bank Licenses
The Bank of Thailand (BoT) recently published rules, procedures, and conditions for the application for and the issuance of a virtual bank license. This will allow applicants ...
BMW Group to Construct High-Voltage Battery Assembly Plant in Thailand
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to ...
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