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
Singapore to Launch Hospital Campus with 1,400 Beds by 2030
Singapore’s healthcare infrastructure is set to undergo a transformative expansion with the introduction of a pioneering hospital campus in the eastern region by 2030. ...
Changi Airport Plans Underground Link Between Terminals T2 and T5
Changi Airport announces plans to build a 2.5km underground link connecting the future Terminal 5 (T5) to Terminal 2 (T2), part of ongoing efforts to enhance inter-terminal ...
Singapore Invests USD 60 Million in National Robotics Programme to Drive Industry Adoption
Singapore is injecting USD 60 million into its National Robotics Programme (NRP) to propel robot adoption across manufacturing, logistics, and healthcare sectors. Led by the ...
Seatrium Collaborates with A*STAR to Explore AI Innovations for the Maritime Sector
Seatrium Limited and Singapore’s Agency for Science, Technology and Research (A*STAR) have announced a strategic collaboration to explore innovative opportunities in offshore ...
K-Beauty Icon Jungsaemmool Converts Heritage Space for Singapore Flagship
Renowned K-beauty brand Jungsaemmool debuts its global flagship store in a 4,972 sq ft colonial bungalow on Scotts Road. This heritage site is the chosen location for ...
NTU Singapore, ExxonMobil and A*STAR Unveil USD 44.5 million Lab for Carbon Reduction Solutions
ExxonMobil, Nanyang Technological University (NTU) Singapore, and ASTAR have launched the ExxonMobil-NTU-ASTAR Corporate Lab to develop solutions to reduce carbon emissions ...
ADB Forecasts Accelerated Growth and Eased Inflation for Singapore in 2024-2025
The Asian Development Bank (ADB) projects that Singapore’s economic growth will accelerate to 2.4% in 2024 and 2.6% in 2025, driven by stronger exports and a resurgence in ...
Changi Airport Expands Footprint with New Joint Venture at Wuxi Shuofang Airport
Changi Airports International (CAI) is set to significantly enhance its presence in China through a joint venture with Wuxi Sunan International Airport Group. This ...
VertiVegies Restructures Plans to Enhance Singapore’s Local Food Production
Singapore-based vertical farming company VertiVegies has canceled its plan to construct one of the largest indoor vegetable farms in the country. The farm, planned on a ...
Sony Expands Production of Image Sensors and Laser Diodes in Thailand
Sony Semiconductor Solutions Corporation recently announced that starting in February 2024, it has begun operations with several production lines at the new fab built on the ...
Levi Opens Store in Bangkok, Its Largest in Southeast Asia
Levi Strauss just announced the reopening of its Levi’s store at popular mall CentralWorld, in Bangkok, Thailand. At 364 sqm, the expanded store is now the largest ...
German Construction Vehicles Deployed for Thailand’s New Railway
Germany’s Daimler Truck is one of the world’s largest commercial vehicle manufacturers, with over 40 production sites around the globe and more than 100,000 ...
Japanese Company Partners with Thai University for Endoscopic AI
AI Medical Service (AIM), a start-up based in Tokyo focused on medical advancements, particularly in diagnostic endoscopic artificial intelligence (AI), has recently entered ...
Thai and Finnish Companies Collaborate for Bioplastic Innovation
Nordic Bioproducts Group (NBG), a Finnish biomaterial innovation company and developer of pioneering AaltoCell Technology, has entered into a strategic Memorandum of ...
Thailand Post Examines Becoming a Virtual Banking Agent
It has been reported that Thailand Post, a government-owned logistics company, is exploring the possibility of becoming a neutral virtual banking agent to complement the ...
Thailand Enhances EV Support Program for Battery Innovation
Thailand’s EV Board has endorsed strategies to bolster the adoption of electric buses and trucks, with the aim of positioning the nation as a key hub for electric vehicles ...
Thailand and New Zealand to Triple Trade by 2045
During the visit of New Zealand Prime Minister Christopher Luxon to Bangkok, Thailand, both countries expressed their commitment to enhancing economic collaboration, aiming ...
Kiwi Aeronautical Firm Inks Multi-million Dollar Export Deal to Supply Royal Thai Air Force
A new Memorandum of Understanding (MOU) signed between Thai Aviation Industries Co., Ltd (TAI), a leading maintenance, repair, and operations organization (MRO) in Thailand ...
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