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
Mapúa Partners with ASU & Cintana to Launch Medical School
Mapúa University has officially launched its School of Medicine, marking its entry into the country’s medical education sector. Known for its strong programs in engineering, ...
South Korea’s LCS Emon to Establish EV Assembly Operations in the Philippines
The Philippine Economic Zone Authority (PEZA) has officially registered South Korean firm LCS Emon Commercial Corp. as a domestic market enterprise, allowing the company to ...
Singapore Pledges Green Energy Investments in Indonesia
Singapore has reinforced its commitment to advancing Indonesia’s green energy sector through investments in sustainable industrial zones and renewable energy projects ...
Chinese Sportswear Brand 361° Launches First Store in Malaysia
361°, a leading Chinese sportswear brand, has officially entered the Malaysian market as part of its Southeast Asian expansion strategy. The company launched its first ...
HP Unveils Manufacturing Transformation Centre in Penang to Boost Industry 4.0 Adoption
HP has launched its Manufacturing Transformation Centre (MTC) in Penang, Malaysia, as part of its efforts to drive Industry 4.0 adoption in the region. The facility is ...
US-Southeast Asian Collaboration Brings Eco-Friendly Data Center Complex to Malaysia
UVCell Solar, a US-based renewable energy developer, and Iozela Data Center, a Southeast Asian data center developer, have signed a strategic agreement to develop a ...
Malaysia Launches Innovative Metaverse Platform to Showcase Cultural Legacy
The Malaysia Digital Economy Corporation (MDEC) has launched the IP360 Metaverse Platform, a groundbreaking initiative in digital innovation and cultural preservation. ...
Korea’s NGeneBio Expands into Malaysia with Advanced Cancer Diagnostic Solutions
NGeneBio, a Korean company specializing in next-generation sequencing (NGS) precision diagnostics, has entered the Malaysian precision medicine market through a supply ...
BMW Drives Sustainability with EV Battery Recycling and Second-Life Initiatives in Malaysia
BMW Group Malaysia is taking a proactive approach to electric vehicle (EV) adoption by focusing on the entire lifecycle of PHEV and EV batteries. The company is exploring ...
Israeli Company Works with Thai Partners for Cultivated Steak Localization
Israeli cellular agriculture company Aleph Farms has announced its collaboration with local partners in Thailand, including local conglomerate Thai Union, to develop ...
Italian Company to Supply Royal Thai Air Force with Air Defense Radar System
At the Defense & Security Exhibition in Bangkok, Italian company Leonardo announced a contract to supply the Royal Thai Air Force with a RAT 31DL air defense radar ...
Thailand to Attract Foreign Investment by Easing Long-Term Visa Rules
Thailand has introduced updates to its long-term resident visa program to attract foreign experts, investors, and executives, aiming to enhance the country’s talent pool and ...
Mitsubishi Power Completes Natural Gas-Fired Turbine Combined Cycle Power Plant in Thailand
Mitsubishi Power, a power solutions brand under Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired turbine combined cycle (GTCC) power plant in ...
Thailand Starts Sustainable Jet Fuel Production
PTT Global Chemical (PTTGC) has commenced production of sustainable aviation fuel (SAF) in Thailand for the first time. The initial phase targets an annual output of six ...
Pharmaceutical Specialist Launches Capsule Manufacturing Facility in Thailand
ACG, a provider of integrated manufacturing solutions for the pharmaceutical and nutraceutical industries, has commenced operations at its capsule manufacturing facility in ...
British Company Advances Thailand’s AI Tourism Safety Initiative
Gorilla Technology, a British company specializing in video intelligence and IoT technology, has entered the design and development phase of its initiative to establish ...
Thailand Reveals Plans for Klongtoey Smart Port Development
The Port Authority of Thailand (PAT) has announced plans to transform Bangkok’s Klongtoey Port into a modern smart hub covering approximately 375 hectares. The development ...
Infineon Diversifies Its Manufacturing Footprint with New Backend Fab in Thailand
Infineon Technologies has initiated the construction of a new semiconductor backend production facility in Samut Prakan, located south of Bangkok, marking a significant step ...
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