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

Malaysia and Singapore Digital Providers Partner to Enable Fully Digital Cross-Border Trade

Jun 2025 Malaysia, Economy

Malaysia-based digital services firm MYEG Services Bhd and Singapore’s STrade Data Exchange Service (SGTraDex) have formed a strategic alliance to facilitate secure, ...

Saudi Arabia’s ACWA Power to Invest Up to USD 10 Billion in Malaysia’s Renewable Energy Expansion

Jun 2025 Malaysia, Energy

ACWA Power, a publicly listed company in Saudi Arabia and the world’s largest privately owned water desalination provider, has signed a memorandum of understanding with the ...

Malaysia Launches First Mobile Hydrogen Refueling Station to Advance Clean Mobility Goals

Jun 2025 Malaysia, Energy, Environment

Malaysia has unveiled its first Mobile Hydrogen Refueling Station (MHRS), signaling a bold step forward in the country’s push for clean energy and hydrogen-based ...

Sunway Malls Sets Sights on Market Leadership with 10th Mall Launch in 2025

Jun 2025 Malaysia, Retail/FMCG

Sunway Malls, the retail division of Malaysian conglomerate Sunway Group, which operates across property, construction, healthcare, education, and hospitality, is on track to ...

German Food Tech Giant BAADER Establishes Regional Production Facility in Malaysia

Jun 2025 Malaysia, Manufacturing

Global food processing leader BAADER, a German multinational company, has officially inaugurated its first production facility in Asia, BAADER Food Systems Asia in Shah Alam, ...

Malaysia Unveils Southeast Asia’s First Sovereign AI Infrastructure

Jun 2025 Malaysia, Infrastructure

Malaysia has officially launched its Strategic Artificial Intelligence (AI) Infrastructure, becoming the first country in Southeast Asia to activate a sovereign, full-stack ...

Sarawak Deepens Amazon Web Services Collaboration to Position Itself as Regional Tech Hub

Jun 2025 Malaysia, ICT

Sarawak’s state tech training agency, The Centre for Technology Excellence Sarawak (CENTEXS), has strengthened its collaboration with Amazon Web Services (AWS) to drive ...

Malaysia’s Betamek Partners with SiGenex to Scale AI-Integrated Genetic Diagnostics

Jun 2025 Malaysia, Healthcare

Betamek Bhd, a Malaysian electronics manufacturing services (EMS) provider for the automotive industry, is expanding into the biotechnology sector through a strategic ...

Singapore Strengthens Global Trade Links with Pacific Alliance FTA and Landmark EU Digital Agreement

Jun 2025 Singapore, Economy

In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement ...

Singapore Navy to Deploy Unmanned Mine Countermeasure Fleet from 2027

Jun 2025 Singapore, Defense/Aerospace

The Republic of Singapore Navy (RSN) will begin deploying a new fleet of unmanned mine countermeasure (MCM) systems from 2027, as part of its ongoing efforts to modernize ...

Changi Airport Launches USD 3.5 Billion Terminal 5 Expansion with Major Construction Contracts

Jun 2025 Singapore, Infrastructure

Changi Airport Group has awarded two major construction contracts worth about SGD 4.75 billion (approximately USD 3.5 billion) for the development of Terminal 5 (T5), marking ...

Singapore Launches Government-Owned GasCo to Secure Stable, Affordable Natural Gas Supply for Power Sector

Jun 2025 Singapore, Energy

Singapore has launched Singapore GasCo, a fully government-owned entity established to centralise the procurement and supply of natural gas for the country’s power sector. ...

WEF Launches Asia-Pacific Ocean Startups Hub in Singapore

Jun 2025 Singapore, Environment

In April 2025, the World Economic Forum (WEF) launched the Asia-Pacific chapter of its 1000 Ocean Startups coalition in Singapore, aiming to bolster ocean-focused innovation ...

Shopee Parent Launches Monee HQ in Singapore, Expands Fintech Vision

Jun 2025 Singapore, ICT

Sea Group, the parent company of Shopee and Garena, inaugurated its new global headquarters for digital financial services in Singapore in May 2025 and rebranded its fintech ...

Cariflex Opens USD 355 Million Latex Plant in Singapore

Jun 2025 Singapore, Manufacturing

Cariflex, a global leader in polyisoprene rubber latex and a subsidiary of South Korea’s DL Chemical, officially opened the world’s largest polyisoprene latex plant on Jurong ...

Singapore Unveils Major Aquaculture Expansion in East Johor Strait to Strengthen Seafood Supply

Jun 2025 Singapore, Agrifood

Singapore is set to significantly expand its aquaculture operations in the East Johor Strait from 2026, with the Singapore Food Agency (SFA) planning to release 117 hectares ...

Emirates Unveils Flagship World Retail Store in Singapore

Jun 2025 Singapore, Retail/FMCG

Emirates has officially opened its first Emirates World retail store in Singapore, marking a significant milestone in the airline’s 35-year history in the country and ...

BIOTRONIK Opens Major Asia-Pacific Manufacturing and Research Hub in Singapore to Drive Cardiac Innovation

Jun 2025 Singapore, Healthcare

BIOTRONIK, a leading German medical technology company specializing in cardiovascular devices, has opened a new Asia-Pacific Manufacturing and Research Hub in Singapore. The ...

No results found.

Explore Our Services