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

Swiss Company Expands Partnership with Thailand’s Bumrungrad Hospital for Precision Medicine

Nov 2021 Thailand, Healthcare

Switzerland-headquartered BC Platforms (BCP), a global leader in healthcare data management and analytics, has announced an expanded partnership with Thailand's Bumrungrad ...

South Korean Bakery Brand Enters Indonesia

Nov 2021 Indonesia, Retail/FMCG

Paris Baguette (PB) and Erajaya Food & Nourishment (EFN), which is part of Indonesia’s leading distributor and retailer of mobile phones Erajaya, have officially entered ...

Singapore’s First Infrastructure Accredited Professionals (ISAPs) Recognized at Surbana Jurong

Nov 2021 Singapore, Infrastructure

Surbana Jurong became the first consulting firm in Singapore to have Infrastructure Sustainability Accredited Professionals (ISAPs), as three of its staff attained the ...

Singapore’s Defense Science and Technology Agency Collaborates with MIT on AI Research

Nov 2021 Singapore, Defense/Aerospace

At the Singapore Defence Technology Summit 2021, Singapore’s Defence Science and Technology Agency (DSTA) and the Massachusetts Institute of Technology (MIT) Computer Science ...

Singapore Introduces New Standards for Cold Chain Management for Chilled and Frozen Food

Nov 2021 Singapore, Agrifood

The Singapore Standards Council (SSC), the Singapore Manufacturing Federation – Standards Development Organisation (SMFSDO) and the Singapore Food Agency (SFA), together ...

Singapore Eyes Geothermal Energy for Power Generation

Nov 2021 Singapore, Energy

Singapore is considering geothermal energy as a potential clean energy source for the country’s power generation. The country is carrying out research at sites that have a ...

Singapore and International Hydrographic Organization (IHO) Launch Innovation and Technology Laboratory

Nov 2021 Singapore, Environment

Singapore and the 95-member International Hydrographic Organisation (IHO) have launched the Joint IHO-Singapore Innovation and Technology Laboratory, a first-of-its-kind ...

Siltronic Invests SGD 3 billion in New Facility at JTC’s Tampines Wafer Fab Park

Nov 2021 Singapore, Manufacturing

Siltronic, a Munich-based silicon wafer manufacturer, has partnered with the Singapore Economic Development Board (EDB) and invested SGD 3 billion (USD 2.2 billion) in its ...

Qlik Launches Cloud Region in Singapore

Nov 2021 Singapore, ICT

Qlik, a business data and analytics software-as-a-service (SaaS) provider, announced the launch of its new cloud region in Singapore. This represents the company's fourth ...

Philippine Navy Receives 3 SAM Missiles for Two Naval Frigates

Nov 2021 Philippines, Defense/Aerospace

The Armed Forces of the Philippines (AFP), particularly the Philippine Navy (PN), has received a huge boost to defend against aerial threats, with the delivery of the Mistral ...

New US-Singapore Partnership for Growth and Innovation MoU

Nov 2021 Singapore, Economy

Singapore and the US signed an MoU to implement the US-Singapore Partnership for Growth and Innovation, aimed at strengthening ties on trade and investment between the two ...

New Partnership for Digital Logistics Solutions in Indonesia

Nov 2021 Indonesia, ICT

Local logistic player GL Terminal and PT GUUD Logistics Indonesia (operating under the brand “Clickargo”, a subsidiary of Singapore's GUUD Pte Ltd) have announced the launch ...

New Collaborations to Accelerate the Development of Malaysia’s EV Charging Infrastructure

Nov 2021 Malaysia, Infrastructure

Yinson Green Technologies (M) Sdn Bhd has signed a term sheet with GreenTech Malaysia Alliances Sdn Bhd (GTMA), a subsidiary of the Malaysian Green Technology and Climate ...

mu Space Opens New Satellite and Space Factory in Thailand

Nov 2021 Thailand, Defense/Aerospace

Aerospace manufacturer and satellite internet service provider mu Space Corp. has just displayed to the public its brand-new satellite, the mu-B200 and the opening of Factory ...

MDEC Launches 4IR Catalyst Grant for Local and Foreign Technology Companies

Nov 2021 Malaysia, ICT

The 4IR Catalyst Grant (4ICG) has been announced by the Malaysia Digital Economy Corporation (MDEC), a government body responsible for promoting the digital economy. The ...

Malaysian Government to Accelerate Development of Electric Vehicle Technology

Nov 2021 Malaysia, Energy

Malaysia's Ministry of Science, Technology, and Innovation (MOSTI) has launched The NanoMalaysia Energy Storage Technologies Initiative (NESTI) Program to support the ...

Malaysia Launches National Trade Blueprint (NTBp) to Bolster Trade Competitiveness

Nov 2021 Malaysia, Economy

Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has unveiled the National Trade Blueprint (NTBp), which aims to boost the country's competitiveness by enhancing the ...

Korean Company, EnPlus, is First Electric Vehicle Manufacturer in PEZA Ecozone

Nov 2021 Philippines, Manufacturing

The Philippine Economic Zone Authority (PEZA) has signed a Memorandum of Understanding (MoU) with South Korean company, EnPlus Co Ltd. to help set up joint ventures to ...

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