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

Vietnam Releases 1st National Marine Report

Aug 2021 Vietnam, Environment

The Ministry of Natural Resources and Environment (MoNRE) has just completed a report on maritime environment and national islands covering the 2016 - 2020 period. The report ...

Vietnam Set to Become a Green Energy Powerhouse

Aug 2021 Vietnam, Energy

Vietnam has become a leader in clean energy solutions, with the highest installed capacity of solar power in Southeast Asia, generating 16,500 megawatts at the end of 2020 ...

New Opportunities for Vietnam’s Exports as the World Re-opens

Aug 2021 Vietnam, Economy

Several countries are reopening their economies after the success of vaccination programs. As a result, it is predicted that the demand for textiles, footwear, furniture, and ...

Boeing Opens its First Office in Vietnam

Aug 2021 Vietnam, Defense/Aerospace

Boeing has opened its first office in Hanoi, along with another in Jakarta, in Indonesia. In parallel, Boeing announced the appointment of a new president of the company’s ...

Australia Sponsors GRAFT Challenge Vietnam to Support Vietnam’s Agriculture

Aug 2021 Vietnam, Agrifood

GRAFT Challenge Vietnam has been recently launched in order to assist promising AgriTech innovators from around the world in expanding into Vietnam. The program is sponsored ...

CP Group to Digitalize Lotus Supermarket Chain

Aug 2021 Thailand, Retail/FMCG

Thailand's largest conglomerate. Charoen Pokphand (CP) Group, has announced that it will overhaul its Lotus supermarket chain in order to align to new shopping habits in the ...

Thailand Announces New Incentives for Semiconductor Manufacturing

Aug 2021 Thailand, Manufacturing

Thailand Board of Investment (BOI) has announced plans to promote investment in the manufacturing of semiconductors and related R&D activities, aiming to strengthen the ...

Thailand to Complete the Largest Rail Station in the Region

Aug 2021 Thailand, Infrastructure

The government of Thailand has just announced that the country is on track to open the largest rail station in Southeast Asia. The new Bang Sue Grand Station will open by the ...

Thailand to Test Retail Digital Currency in 2022

Aug 2021 Thailand, ICT

The Bank of Thailand has just announced that it plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option. The ...

Thailand Develops Robot Administering Covid-19 Vaccines

Aug 2021 Thailand, Healthcare

Researchers from Thailand's Chulalongkorn University have developed a machine to draw out Covid-19 vaccine doses more efficiently and optimize lower-than-expected. The new ...

PTT Pivots to Green Investments, Allocates USD 10 Billion

Aug 2021 Thailand, Environment

PTT, the Thai state-owned oil and gas giant whose sales account for about 10% of the nation’s economic output, has embarked on a series of investments worth billions of ...

Thai SOEs Invest over USD 3 Billion in Energy Infrastructure Projects

Aug 2021 Thailand, Energy

Thailand´s State Enterprise Policy Office has reported that the country’s state-owned enterprises (SOEs) have invested more than THB 100 billion (USD 3 billion) in energy ...

Thailand’s Economic Recovery Accelerates, Resumes FTA Negotiations with the EU

Aug 2021 Thailand, Economy

The baht has depreciated by 10.4% against the dollar so far in 2021, helping the Thai export sector. According to the president of the Thai National Shippers' Council, the ...

Thailand Awards Korea Aerospace USD 78 Million Contract for Trainer Jets

Aug 2021 Thailand, Defense/Aerospace

In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the ...

Thailand Planning Initiative to Upgrade Farming Efficiency

Aug 2021 Thailand, Agrifood

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced plans to develop smart solutions for helping farmers increase production and efficiency. The bank ...

AImazing Launches Analytics Software to Improve Mall Management Through Data Based Decisions

Aug 2021 Singapore, Retail/FMCG

Retail-Tech startup AImazing has announced the launch of its retail-analytics data platform, aimed at allowing mall management and real-time data analytics without the need ...

Hyundai to Complete Singapore Electric Vehicle Plant in 2022

Aug 2021 Singapore, Manufacturing

Hyundai Motor Group will complete its sophisticated assembly plant in Singapore in 2022, where it will assemble, sell and export the Hyundai Ioniq 5 and the Hyundai Ioniq 3 ...

New Centralized Cooling System in Tampines

Aug 2021 Singapore, Infrastructure

As part of a project by Temasek Holdings and government-owned electricity and gas distribution company SP Group, seven buildings in Tampines – Central Tampines Mall, ...

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