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

Vietnam and the US Strengthen Agricultural Trade Ties with USD 3 Billion in New Deals
June 2025 marked a new milestone for Vietnam and the US agricultural trade ties when 20 new Memoranda of Understanding (MoUs) worth USD 3 billion was signed between between ...

Sweden’s SYRE IMPACT to Invest USD 1 Billion in Polyester Recycling Facility in Binh Dinh
Authorities in Binh Dinh (Gia Lai) province have granted Sweden-based SYRE IMPACT AB an investment registration certificate for a USD 1 billion polyester recycling and ...

Vietnam Launches USD 38.4 Billion Fund to Drive Digital Transformation
Vietnam has officially launched the National Data Development Fund with an initial capital of VND1 trillion (approximately USD 38.4 million), aimed at accelerating the ...

Vietnam to Invest USD 2.6 Billion in Upgrading Hai Phong Port System by 2030
The Ministry of Construction has greenlit a major VND 66 trillion (USD 2.6 billion) investment plan to expand and upgrade Hai Phong’s port infrastructure by 2030. The ...

Vietnam Remains Attractive to Global Manufacturers Despite US Tariffs
Despite the challenges posed by US tariffs, Vietnam continues to attract foreign investment, particularly in manufacturing and industrial real estate. The country’s ...

Unilever Vietnam Expands Investment in Ho Chi Minh City Plant
Unilever Vietnam is ramping up its investment in its manufacturing operations in Ho Chi Minh City, with plans to raise capital for its Cu Chi factory to nearly USD 120 ...

Indonesian Navy Chooses French Company for Advanced Unmanned Mine Countermeasure Systems
Exail, a French company specializing in advanced maritime robotics and autonomous systems, will supply the Indonesian Navy with a next-generation Unmanned Mine ...

Indonesia and Singapore Agree to Strengthen Energy Cooperation
Indonesia and Singapore have reached an agreement to enhance energy cooperation, focusing on clean energy exports and the development of a renewable energy-based industrial ...

Indonesia and the EU Establish Investment Desk to Enhance European Business Engagement
Indonesia and the European Union (EU) have set up a dedicated investment desk to facilitate increased investment from EU member states, according to Indonesia’s Investment ...

Islamic Services of America Expands Global Halal Presence to Indonesia
Islamic Services of America (ISA), a U.S.-based pioneer in Halal certification since 1975, strengthened its international presence by signing a Letter of Intent (LOI) with ...

Botanical Essentials Unveils Immersive Fragrance Installation for New Collection
Indonesian self-care brand Botanical Essentials, in collaboration with experience curator Haluu, has launched Scentarium: A Life Journey through Scent. This immersive ...

Largest Integrated Solar Panel Manufacturing Facility Opens in Indonesia
In June, Indonesia inaugurated its largest and first fully integrated solar cell and module manufacturing facility, PT Trina Mas Agra Indonesia (TMAI), situated in the Kendal ...

Al Qilaa Announces USD 2.5 Billion Housing Initiative in Indonesia
Qatari firm Al Qilaa, operating through its Indonesian subsidiary Al Qilaa International Indonesia, intends to develop 50,000 affordable apartment units in the first phase of ...

Indonesia and the UK Explore Collaboration in AI and Digital Technology
During London Tech Week 2025, Indonesia’s Deputy Minister of Communication and Digital Affairs explored opportunities for collaboration in artificial intelligence (AI) with ...

Indonesia Launches Bali’s First Medical Tourism Hub
Indonesia officially inaugurated its first medical tourism special economic zone (SEZ) in Sanur, Bali, last month, marking a significant milestone in the country’s push ...

Indonesia to Launch First Ocean Current Power Plant in Support of Clean Energy Goals
Indonesia is advancing its renewable energy agenda with the development of its first ocean current power plant (PLTAL), a project valued at USD 220 million (IDR 3.57 ...

UPS Healthcare Unveils Advanced Logistics Facility in Singapore
UPS Healthcare has launched a state-of-the-art logistics facility in Tuas, Singapore, expanding its capacity to serve the rapidly evolving healthcare and life sciences ...

Uniqlo Launches First Touchpoint Concept Store in Singapore
Uniqlo has introduced a new small-format “touchpoint” concept store at Velocity at Novena Square, marking the Japanese apparel giant’s first such store in Singapore and a ...
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