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

Thailand Launches Telemedicine Services for Thais Abroad

The National Health Security Office (NHSO) recently announced plans to launch a telemedicine service for Thai citizens living or traveling abroad through remote medical ...

AstraZeneca Brings AI-Powered Lung Cancer Screening to Thailand

Thailand is marking a significant stride in the domains of healthcare and digital innovation with the launch of an innovative AI-driven lung cancer screening service by the ...

Thailand Launches New Free Zone in Chao Praya River

In January 2024 the Bangkok Port Authority unveiled a new Free Zone in the Chao Praya River area, dedicating 24,000 square meters of warehousing and container yards to ...

Thailand Commences Production of Electric Vehicles

In January 2024, Thailand achieved an important milestone in its automotive industry, with the inaugural production of its first domestically manufactured electric vehicle ...

Thailand’s Ethanol Specialist Expands to Functional Food

Ubon Bio Ethanol, a prominent player in Thailand’s ethanol production landscape, renowned for its innovative cassava-derived ethanol, has announced plans to embark on a ...

Singapore Launches Tender for Two Sea-based Fish Farm Plots

The Singapore Food Agency (SFA) has launched two sea space parcels for farming of fin fish and crustaceans off Pulau Bukom in the Southern Waters for sale by public ...

Singapore Establishes International Centre for Aviation Innovation

The Civil Aviation Authority of Singapore (CAAS) has set up the International Centre for Aviation Innovation (ICAI) to propel aviation technology development in response to ...

Singapore Attracts USD 9.5 Billion in Fixed Asset Investment in 2023

According to the Economic Development Board (EDB), Singapore attracted SGD 12.7 billion (USD 9.5 billion) in fixed asset investments in 2023. The chemicals sector led with ...

YTL Power International to Build Hydrogen Power Plant in Singapore

Singaporean energy producer YTL Power International, has secured the right to construct, own, and manage a new 600MW hydrogen-ready combined cycle gas turbine at Pulau Seraya ...

Rising Heat and Extreme Weather Projected in Singapore

The Centre for Climate Research Singapore, part of the Meteorological Service Singapore (MSS), recently released the Third National Climate Change Study (V3) findings. The ...

Imperial College London Opens Centre in Singapore

British university Imperial College London recently opened ‘Imperial Global: Singapore’, its first overseas research and innovation hub. The center will foster collaboration ...

Singtel collaborates with NVIDIA to bring AI to Southeast Asia

Singaporean telecommunications conglomerate Singtel has just joined the NVIDIA Partner Network Cloud Programme and will bring NVIDIA’s full-stack AI platform to enterprises ...

Singapore’s Marina Bay Sands Invests USD 750 Million for Renovation

Singapore’s Marina Bay Sands (MBS), the integrated resort fronting Marina Bay, is undergoing its second phase of renovation to become a top tourist destination. MBS was ...

Pharmaceutical Giant Invests Over USD 220 Million to Expand Production in Singapore

AbbVie, a leading pharmaceutical company, has initiated a new USD 223 million expansion of its manufacturing facility in Singapore’s Tuas Biomedical Park. This ...

7-Elevens Stores in Singapore Launch Robot Deliveries

In Singapore, workers can now have ready-to-eat meals, drinks, and snacks delivered by robots from a nearby 7-Eleven store thanks to the solutions developed by local company ...

Malaysia to Introduce SMART Large-Scale Paddy Field (SMART SBB) by 2030

Malaysia’s Agriculture and Food Security Minister, Datuk Seri Mohamad Sabu, outlined the ministry’s ambitious plans to revolutionize rice cultivation practices in ...

Malaysia Airlines Embarks on Fleet Expansion and Modernization in 2024

In 2024, Malaysia Aviation Group Bhd (MAG) is poised to introduce a total of 12 new aircraft, marking a significant expansion effort. This expansion marks the debut of four ...

Malaysia-Singapore Collaboration on Johor-Singapore Special Economic Zone (JS-SEZ)

Malaysia and Singapore have formalized a memorandum of understanding (MOU) to collaborate on the development of the Johor-Singapore Special Economic Zone (JS-SEZ). This ...

Explore Our Services