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

Converge ICT Solutions to Invest USD100M in Trans-Pacific Cable System

Local fiber broadband provider Converge ICT Solutions Inc. is investing USD 100 million (around PHP 5 billion) in the joint development of a cable landing system in the ...

Vietnam Launches Nationwide Online Booking Medical Service, Digital Startup Raises USD 1 Million

The Ministry of Health has announced that Vietnam plans to activate a nationwide system for booking online medical examination and treatment from the 1st of July ...

Three Major Hospital Chains to Use Remote Cardiac Monitoring Services by US’ CB Scientific

Three major hospital chains in Thailand, namely Bangkok Hospital Nakon Ratchasima, Ramkhamhaeng Hospital, and Bangpakok9 Hospital, have agreed to use Remote Cardiac ...

NSG, Acclivis Sign Deal to Develop Genomic-Driven Healthcare in Singapore

New Silkroutes Group Limited (NSG), a Singaporean investment holding company, has signed a Memorandum of Understanding (MOU) with Acclivis Technologies and Solutions Pte. ...

Nexgram to Build a Medical Complex Valued at MYR 1.6 billion in Melaka State

Malaysia's multinational conglomerate Nexgram Holdings announced that its indirect wholly-owned subsidiary Nexgram Biomedic Sdn Bhd is looking to develop a medical complex in ...

Good Doctor Technology Indonesia Launches Telemedicine App

PT Good Doctor Technology Indonesia (GDTI) has officially launched its smartphone app in the Indonesian market, offering teleconsulting services, online medicine purchases, ...

Baguio City Leverages AI Technology for Covid-19 Response and Management

Japan-based global digital business and IT services provider NTT DATA and the local government of Baguio City announced the pilot implementation of NTT DATA Telemedicine App, ...

Vietnam to Build National Water Resource Monitoring System by 2030

Vietnam has approved the master scheme on basic investigation on water resources through 2030 with a vision to 2050. In this context, the government plans to build a national ...

US Plastic Waste Imports in Malaysia Compliant With UN’s Basel Convention’s New Rules

The Malaysian Ministry of Environment and Water has decided to accept the plastic waste imports from the United States that arrived in March, following the new rules of ...

Singapore Mulls New Reporting Framework to Enhance Food Waste Management

As part of Singapore’s push to become a zero-waste nation, Singapore is considering a reporting framework that would require large commercial and industrial firms to measure ...

Malaysian Manufacturer Signs Distributorship Agreement to Supply 200,000 E-Motorbikes

Malaysian electric vehicles (EV) maker Tree Technologies Sdn Bhd (Treeletrik) has signed a partnership to supply 200,000 units of its 100% electric motorbikes to Indonesia ...

DM Consunji Begins Construction of Philippines’ Largest Water Reclamation Facility

D.M. Consunji Inc., the engineering and construction arm of DMCI Holdings, announced the commencement of construction of the Philippines’ largest water reclamation facility ...

Bangkok to Have New Waste-to-Energy Plants, Sweden Supports Plastic Footprint Reduction Project

Thailand's Metropolitan Energy Authority (MEA) has signed a Memorandum of Understanding with private firm Newsky Energy Thailand on co-investment arrangements for two new ...

South Korean Company to Build a Large LNG Power Plant in Vietnam

In March 2021, South Korean company GS Energy confirmed that it will jointly invest in an LNG power plant in Long An Province of southern Vietnam with its strategic partner ...

Singapore’s Energy Market Authority Appoints ExxonMobil, Sembcorp New Term LNG Importers

To enhance competition, Singapore's Energy Market Authority (EMA) has appointed ExxonMobil LNG Asia Pacific and Sembcorp Fuels (Singapore) Pte. Ltd. as the new term liquefied ...

Siam Gas and Petrochemical Plc to Build LNG Receiving Facility in Rayong

Siam Gas and Petrochemical Plc (SGP), Thailand's second-largest liquefied petroleum gas (LPG) trader by volume, is planning to build a liquefied natural gas (LNG) receiving ...

PGE Aims for 1,112 MW of Geothermal Energy by 2026 – Persero to Issue Green Bonds

PT Pertamina Geothermal Energy (PGE), a subsidiary of state-run oil firm PT Pertamina (Persero), is planning to increase its geothermal power capacity from 672 megawatts (MW) ...

Petronas Becomes World’s First to Produce LNG from Two Floating Facilities

Malaysia’s state-owned oil and gas company Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities. This ...

Explore Our Services