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 and EU to Resume FTA Negotiations
Representatives of the EU and Thailand recently discussed future prospects concerning the resumption of discussions about a Free Trade Agreement between Thailand and the EU, ...
Thailand Urged to Enhance Cybersecurity
Fortinet Thailand, the local unit of the US cybersecurity firm, has just urged Thailand to enhance its cybersecurity defenses, estimating that it could lose USD 8.5 billion ...
CPF Explores Cage Free Production and Meat Alternatives
Thailand's leading F&B manufacturing company Charoen Pokphand Foods (CPF) has invited startups to create meat-like alternatives that resemble real beef. Dubbed CPF ...
An Average of 1,000 F&B and Retail Businesses Open Each Month Despite Pandemic
Despite the changing restrictions, delays and safe-management measures resulting from the pandemic, Singapore is still seeing many businesses being formed, with the number of ...
Green Metal Company Metech To Manufacture Lab-Grown Diamonds in Singapore
Metal E-Waste Management company Metech International announced in late September that its wholly-owned subsidiary, Asian Green Tech Pte Ltd, had entered into a joint venture ...
First Two Berths of New Tuas Mega Port Set to Begin Operations by End of the Year
The new Tuas Mega Port is set to begin operations as scheduled by the end of this year through the opening of the first 2 berths of the port. These 2 berths are part of Phase ...
Up to 80% Funding for Construction Companies Adopting Robotics and Other Technologies
A joint initiative, known as the Integrated Robotics & Automation Solutions Initiative, was set up between the Building and Construction Authority (BCA) and Infocomm ...
Singapore’s National University Health System Incorporates TIBCO’s Analytics Solutions into Its AI
Singapore’s National University Health System (NUHS), a Singapore group of healthcare institutions, announced that it had integrated four solutions from California-based ...
PUB Receives SGD 51 million in Funding for Water Research as part of the Research, Innovation and Enterprise (RIE) 2025 Plan
The Public Utilities Board (PUB), Singapore’s national water agency, has received SGD 51 million (USD 37.8 million) in funding from the National Research Foundation (NRF) for ...
Singapore to Trial the Import of Renewable Hydropower Energy from Laos
An agreement between Keppel Electric and Electricite Du Laos (EDL), Laos’ state electricity generation, transmission and distribution company, will allow Singapore to begin ...
Singapore Loses Top Spot Among Asia-Pacific Countries on Global Innovation Index but Maintains Position Globally
Singapore has lost the top spot among Asia-Pacific Countries in the Global Innovation Index (GII) 2021 to South Korea after topping the list for seven consecutive years, ...
New Licensing Requirements for Cyber-Security Service Providers in Singapore
The Cyber Security Agency of Singapore (CSA) has announced that Cyber-Security service providers will have to be licensed by early 2022 to continue operations. As these ...
World’s First Commercially Cultured Meat Being Produced in Singapore
In July, a commercial factory that produces chicken products through cell culture, which is the growing of animal cells in a bioreactor instead of slaughtering live animals, ...
SM’s Alfamart Sees Network of 1,200 Stores by Year-end
Alfamart Philippines, the SM Group’s minimart chain, announced that the company is on track to expand its retail footprint to over 1,200 stores this year with the opening of ...
Aesir Technologies Announces Partnership With the Eramen Minerals, Inc
US-based AEsir Technologies has announced a partnership with Eramen Minerals located in Manilla, Philippines to construct a 1.5 GWh Nickel Zinc (NiZn) battery manufacturing ...
San Miguel Breaks Ground on Pasig River Expressway
It’s all systems go for the much-anticipated Pasig River Expressway (PAREX), touted to be the country’s first green, hybrid expressway, as proponent San Miguel Corporation ...
PLDT Enterprise, Smart and Nokia Team Up for Next Generation IoT
PLDT Inc., through PLDT Enterprise and its wireless arm Smart Communications. Inc., is in an advanced stage of discussion with long-time partner Nokia to provide ...
Doctor Anywhere and Equicom Group Form Joint Venture to Launch a Tech-Enabled Healthcare Ecosystem in the Philippines
On September 28, 2021, regional telehealth platform Doctor Anywhere and Philippine conglomerate Equicom Group, announced a joint venture (JV) to launch a telemedicine ...
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