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

Bukalapak to Offer Insurance for E-Commerce Merchants and Customers

Singaporean insurtech firm, Axinan and Indonesian eCommerce company Bukalapak recently announced a partnership to provide insurance solutions for users of Bukalapak’s ...

Vietnam’s Thanh Hoa Province to Receive USD 2 Billion Investment from Chinese Firm

Mintal Group Co., Ltd, a Chinese-owned company, has been discussing plans with the Provincial People’s Committee (PPC) to build a USD 2 billion ferrochrome, stainless steel ...

Recently Launched Bamboo Airways Building Aviation Training Centre

Vietnam's newest airline, Bamboo Airways began construction of an aviation training center in July 2019 in the central area of Vietnam. This is the first one in a series of ...

MOU Signed for Privately Funded LNG Project in Vietnam

In July 2019, Korea Gas Corporation (KOGAS)  entered into a Memorandum of Understanding (MOU) with Energy Capital Vietnam (ECV) that provides a framework for the development ...

JD.com Becomes Largest Shareholder in Tiki Vietnam

Chinese online e-commerce giant JD.com has become the largest shareholder in Tiki Vietnam, Vietnam’s second largest e-commerce platform by traffic after Singapore-based ...

Homegrown Social Networking Platforms Being Launched in Vietnam

Vietnamese internet company Vietnam Communications Corporation (VC Corp) is going to launch the pilot version of its social networking platform called Lotus in September ...

HCMC Investing Heavily on Infrastructure in Southern Part of City

The Ho Chi Minh City (HCMC) transport department reported that the city would continue to invest money in transport Infrastructure in its southern area including district 7, ...

HCMC City Accelerating Digitization of Healthcare Services

As part of its smart city development plans, Ho Chi Minh City (HCMC) city departments, including health, have been asked to publish by the third quarter of 2019 their ...

Can Tho City to Burn 3,000 Tonnes of Waste to Create Energy on Trial Basis

About 3,000 tonnes of waste, which is supposed to be buried at Co Do District’s dumping sites in Can Tho City, will be burned to produce Energy on a trial basis with the ...

American Firms Investing in Danang’s Hi-tech Park and Information Technology Park

Danang city in central Vietnam has been receiving increasing attention from American companies for investment in the city's Hi-tech Park and Information Technology Park. In ...

Thailand Moving Ahead with THB 880 Billion Infrastructure Projects

The Thai Transport Minister is moving ahead with the mega-Infrastructure investment projects that were commenced by the previous government and are worth a combined THB 880 ...

Thai-EU Free Trade Talks Set to Resume

Thailand and the European Union (EU) are resuming talks for a free-trade agreement (FTA). In July 2019, the Deputy Prime Minister and Commerce Minister of Thailand announced ...

SCG and Ciel & Terre Sign MoU for Floating Solar Projects

In July 2019 SCG Chemicals and French company Ciel & Terre signed a memorandum of understanding (MoU) to develop floating solar system for hydro dams in Thailand.  SCG ...

PTT Global Chemical Set to Produce Recycled Plastic Pellets

In July 2019 it was announced that PTT Global Chemical (PTTGC) is planning to develop a Manufacturing facility for recycled plastic pellets. The plant will be a joint venture ...

P2P Power Model Being Planned for Rural Areas in Thailand

The Energy Ministry of Thailand has revealed plans to promote a peer-to-peer (P2P) power trading model for private companies. The goal is to decentralize the country's power ...

Line to Launch Online Grocery Service in Thailand

Japan-based chat app operator Line has announced that the company will launch an online grocery service in Thailand by the end of 2019. The service, called Line Man Grocery, ...

Bangkok’s First Hospital for Elderly to Open by Late 2019

The first city-run hospital for the elderly is scheduled to open by late 2019 in Bangkok in Bang Khunthian district, aiming at treating the increasing number of old people in ...

AirAsia’s Logistics Platform and Triple I Logistics Sign Mou for Thailand JV

In July 2019, Teleport, the digital cargo and logistics platform of AirAsia, and Triple i Logistics, a logistics integrator with 27 years of experience in the international ...

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