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
American Company DNV and Indonesia’s PLN Collaborate on Power Grid Resilience
The American company DNV and PT PLN Engineering (PLNE), a subsidiary of Indonesia’s state-owned power distribution company PT PLN, have entered into a Memorandum of ...
British Crayfish Enterprise Targets Success in Indonesia
Noola Sukess Mandiri (NSM), an Indonesian enterprise specializing in red claw crayfish cultivation, recently announced its near completion of the initial farming trial. This ...
Technology and Power Company Gstar Begins Construction of Silicon Wafer Factory in Indonesia
Gstar has recently commenced the construction phase of its silicon rod and silicon wafer factory in Indonesia. In Jakarta, a new 60,000 square meter factory is under ...
Singaporean Florist Petite Fleur Expands Operations to Indonesia
Petite Fleur, a Singapore-based florist, has expanded its operations to Indonesia with the launch of Petite Fleur Indonesia. The expansion is driven by market research ...
France’s Naval Group and Italy’s Fincantieri Secure Defense Contracts in Indonesia
France’s Naval Group, in partnership with Indonesian shipbuilder PT PAL, has won a contract from the Indonesian government to build two Scorpene Evolved diesel-electric ...
Malaysia Invests USD 6.4 million in Talent R&D for Aerospace and Medical Devices Sectors
The Malaysian government has allocated a grant of MYR 30 million (USD 6.4 million) to Collaborative Research in Engineering, Science & Technology (CREST), an ...
Sarawak Aims to Generate 10GW Of Renewable Energy By 2030, Seeks International Partnership
Sarawak, a key player in Southeast Asia’s green economy, is on track to become a major renewable energy hub by leveraging its abundant indigenous resources. With plans ...
Malaysia, Argentina Foster Agricultural Collaboration
Malaysia and Argentina engaged in discussions about collaborating in the livestock, agriculture, and halal certification sectors. Both countries have recognized the potential ...
Masimo Opens New MedTech Production Plant Worth USD 21 Million in Johor, Malaysia
US-based medical device giant Masimo Corporation expands its global footprint with the inauguration of a new production facility in the state of Johor, Malaysia, aimed at ...
Malaysia Launches First Faculty of Artificial Intelligence, With Humanities Focus
The Ministry of Higher Education (MOHE) is spearheading the establishment of Malaysia’s inaugural Faculty of Artificial Intelligence (AI) in partnership with Universiti ...
Malaysia Ranks 27th In Global Opportunity Index, Leads the Region for Best Investment Condition
The Malaysian Investment Development Authority (MIDA), the government’s principal agency for the promotion of the manufacturing and services sectors highlights ...
Malaysia Advances National Energy Efficiency Action Plan 2026-2035 (NEEAP 2.0)
The Malaysian Ministry of Energy Transition and Water Transformation, alongside the Energy Commission (EC), the national regulatory body for the energy industry, is crafting ...
Malaysian Telcos Partner with ZTE to Demonstrate Advanced 5G and AI Technologies
Two major Malaysian telecommunication companies, CelcomDigi Berhad (CelcomDigi) and U Mobile Sdn Bhd (U Mobile), have joined forces with ZTE Corporation, a global leader in ...
TT Vision Partners with Autowell for USD 34.91 Million Solar Automation Venture
TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell ...
99 Speed Mart Eyes Bursa Malaysia Debut with Ambitious Expansion Goals
99 Speed Mart Retail Holdings, Malaysia’s leading mini-market chain retailer, is preparing for its potential debut on Bursa Malaysia’s Main Market, the ...
Thaicom Selects American Company to Supply New Satellite
Thaicom Public Company Limited (Thaicom), a leading Thai satellite and space tech company, has announced the selection of Astranis, an American company specializing in ...
Mitsubishi and Thai Oil and Gas Company Explore Ammonia Gas Turbine Power
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, just signed a Memorandum of Understanding (MoU) with Thai ...
USTDA Supports Next Generation Wi-Fi for Improved Healthcare in Thailand
The US Trade and Development Agency (USTDA) recently signed a grant agreement with Ramathibodi Hospital, Mahidol University for a feasibility study and pilot project to ...
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