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
New JV in Malaysia to Provide One-Stop Solar Energy Solutions to Corporations
AME Elite Consortium Bhd, a leading integrated industrial property development services provider in Malaysia has signed a joint venture (JV) agreement through its subsidiary ...
Malaysia’s Central Bank Issues Electronic Know-Your-Customer Policy Document
The Central Bank of Malaysia, Bank Negara Malaysia (BNM), has issued a policy document Electronic Know-Your-Customer (e-KYC). The policy document aims to accelerate and ...
Malaysia Plans to Develop at Least Six Waste-to-Energy Projects by 2021
The Ministry of Housing and Local Government (KPKT) in Malaysia plans to issue an open tender for local and foreign companies to have at least six waste-to-energy (WTE) ...
Malaysian Agriculture Ministry Works with E-commerce Platforms to Boost Food Supply
The Malaysian Ministry of Agriculture and Food Industries is partnering with local e-commerce platforms such as Ourfarm, Dropee, Farm2Table and CP3 to develop the farming ...
Johor State Announces Seven Initiatives for Post COVID-19 Economic Recovery
Johor Chief Minister Datuk Hasni Mohammad announced that the government of the state of Johor in Malaysia will introduce seven initiatives as part of its economic recovery ...
Glucose Monitoring System Provider Selects Malaysia for First Manufacturing Site Outside US
DexCom, a global leader in continuous glucose monitoring (CGM) systems for people with diabetes has selected Batu Kawan Industrial Park in Penang state as their third ...
Chinese Logistics Firm Launches Operations in Malaysia as Part of SEA Expansion
BEST Inc ("BEST"), a Chinese integrated smart supply chain solutions provider, backed by the Alibaba Group, is launching its services in Malaysia as part of its expansion ...
USTDA Helping Indonesia to Develop LNG Infrastructure
The US Trade and Development Agency (USTDA) has awarded a grant to PT Nusatama Properta Panbil to promote continued economic growth and energy security in Indonesia. The fund ...
Seven Foreign Companies Confirm Relocation of Production Facilities to Indonesia
A total of seven foreign companies had confirmed of relocating its production facilities to Indonesia. According to Investment Coordinating Board (BKPM), the relocation will ...
Indonesia’s State-Owned Electricity Company to Introduce 79 Million Smart Meters
Indonesia’s State-owned electricity company PLN has unveiled a plan to introduce 79 million smart meters in the country over the next seven years. The move was put forward to ...
Indonesia Signs Preliminary Contract for Two Iver Huitfeldt Frigates
The Indonesian Ministry of Defense and Danish Odense Maritime Technology, through its Indonesian representative PT Sinar Kokoh Persada, have signed a preamble contract for ...
Indonesian Online Furniture Retailer Obtains USD 9 Million in Series-C Funding
Fabelio, an Indonesian online furniture retailer, has obtained USD 9 million in Series-C funding from AppWorks, a Taiwan venture firm. The funds will be used to expand the ...
Indonesian Government Preparing Regulations for Domestic Carbon Trading
The Indonesian government is preparing a regulation on domestic carbon trading as part of the country’s commitment to reduce global greenhouse gas emissions. During last ...
Docquity Partners with Indonesian Health Ministry to Recruit Doctors
Singapore-based Docquity, described as South East Asia’s largest professional network of doctors, has partnered with the Indonesian Ministry of Health (MOH) and Ikatan Dokter ...
APM Partners with Hyundai for Car Seats Manufacturing in Indonesia
PT APM Automotive Indonesia (APM), an indirect wholly-owned subsidiary of APM Automotive Holdings Bhd, has partnered with PT Hyundai Transys Inc (HTI), to manufacture ...
Alibaba to Add a Third Indonesian Data Center by 2021
Chinese tech giant, Alibaba has confirmed the opening of its third data center in Indonesia by 2021. The new data center will offer a full spectrum of cloud products and ...
Vietnamese Pharma Company Partners with Blockchain Technology Provider
Beowulf Blockchain ("Beowulf"), a US-based B2B platform providing communication services via a decentralized cloud network of computing resources worldwide, has partnered ...
JICA to Conduct Survey for Pre-feasibility Report of Port Project in Danang
The Japan International Co-operation Agency (JICA) plans to begin a survey for the pre-feasibility report of the Lien Chieu port construction project later this year. The ...
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