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

Singapore Food Agency to Develop High-Tech Agri-Food Cluster

Oct 2020 Singapore, Retail/FMCG

To ramp up local food production, the Singapore Food Agency (SFA) announced that the Lim Chu Kang area, a largely undeveloped area in north-west Singapore, will be developed ...

Singapore Develops Blockchain and Smart Scanners in Fight Against COVID-19

Oct 2020 Singapore, Healthcare

Government-owned SGInnovate, in partnership with local startup Accredify, has developed a blockchain-based solution Digital Health Passport to facilitate more efficient ...

Singapore and Norway Expand Collaboration in Four Priority Sectors

Oct 2020 Singapore, Economy

Singapore and Norway are expanding collaboration in four priority sectors, including in the so-called "blue economy" that focuses on the sustainable use of ocean resources. ...

Siemens Launches Advance Manufacturing Transformation Center

Oct 2020 Singapore, Manufacturing

Siemens has launched its Advance Manufacturing Transformation Center (AMTC) in Singapore to provide guidance, support, and training to companies in South East Asia on their ...

Semiconductor Giant Infineon Technologies to Invest MYR 3.25 Billion until 2029

Oct 2020 Malaysia, Manufacturing

Germany’s Infineon Technologies, a multinational semiconductor manufacturer has announced investments of MYR 3.25 billion (USD 784 million) into its existing operations in ...

SEIPI to Partner with Malaysian and French Chip Makers

Oct 2020 Philippines, Manufacturing

The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) plans to work with industry associations in Malaysia and France to implement ...

Royal Thai Army to Acquire 600 Military Trucks From India’s Tata Motors

Oct 2020 Thailand, Defense/Aerospace

The Thai Ambassador to India has announced that the Royal Thai Army (RTA) is in the process of completing the order of 600 units of LPTA 715 4x4 military defense trucks from ...

Request for Proposals for Putrajaya Monorail to be Issued in December 2020

Oct 2020 Malaysia, Infrastructure

A Request for Proposals (RFP) for the Putrajaya Monorail project will be released by the Malaysian Federal Territories Ministry in December 2020 to allow the project to be ...

PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

Oct 2020 Philippines, Retail/FMCG

The Philippine Center for Postharvest Development and Mechanization (PHilMech) announced that it is in the process of bidding and acquiring farm machines worth PHP 3 billion ...

PhilHealth Expedites Inclusion of all Filipinos in National Insurance Program

Oct 2020 Philippines, Healthcare

The Philippine Health Insurance Corporation (PhilHealth) has been accelerating the process to register all Filipinos in the National Health Insurance Program (NHIP). As of ...

Petronas Launches Liquefied Natural Gas (LNG) Virtual Pipeline System in Johor

Oct 2020 Malaysia, Energy

Petronas, the government-owned oil and gas company, has launched an LNG virtual pipeline system (VPS) solution via its Regasification Terminal in Pengerang, Johor state. The ...

Penang Aims for 100 Self-Sustaining Urban Farms by 2023

Oct 2020 Malaysia, Environment

The Penang State Government, in collaboration with Sultan Idris Education University (UPSI) and Think City, a social purpose organization, has launched Kebun Kita(r), ...

NEA Issues Bidding for Feasibility Studies for the Semakau Landfill

Oct 2020 Singapore, Environment

Singapore's National Environment Agency (NEA) has issued a Request for Proposal (RFP) to study the technical feasibility of recovering mixed landfilled materials in the ...

More Companies Seek COVID-19 Vaccine Distributorship Roles in Malaysia

Oct 2020 Malaysia, Healthcare

More local companies in Malaysia are competing to work with COVID-19 vaccine manufacturers for distributorship, marketing, and licensing rights even before the commencement ...

Manila Water to Build Sewage Plant, Maynilad Water Launches Sewer Rehab

Oct 2020 Philippines, Environment

Manila Water signed a usufruct agreement with the local government of Antipolo City for the construction of the Hinulugang Taktak Sewage Treatment Plant in the city. The ...

Malaysia’s AirAsia Group Establishes Subsidiary for MRO Operations

Oct 2020 Malaysia, Defense/Aerospace

Malaysia’s low-cost airline AirAsia Group Bhd has set up a new wholly-owned subsidiary called Asia Digital Engineering (ADE) to be Asia’s leading engineering services ...

Logistics Developer GLP Plans USD 1.5 Billion Investment in Vietnam

Oct 2020 Vietnam, Economy

Asia's biggest warehouse operator GLP and Ho Chi Minh City-based startup SEA Logistic Partners (SLP) have announced a USD 1.5 billion joint venture to develop modern logistic ...

Kosy Group Kickstarts USD 345 Million Wind Power Plant in Bac Lieu

Oct 2020 Vietnam, Energy

The Vietnamese Kosy Group, which operates in urban development and renewable energy, recently launched the first phase of the Kosy Bac Lieu onshore wind project, located in ...

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