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

Japanese Construction Firm to Open Innovation Center in Changi Business Park

Sep 2020 Singapore, Infrastructure

Kajima Corporation (Kajima), one of the largest construction companies in Japan, is investing nearly SGD 100 million (USD 74 million) to set up its first overseas innovation ...

Hyundai Motor to Make Electric Vehicles in Singapore Starting from 2022

Sep 2020 Singapore, Manufacturing

South Korea's largest automaker Hyundai Motor plans to establish a manufacturing plant in Jurong Innovation District, Singapore, starting in October. Hyundai Motor expects to ...

Singapore General Hospital and Philips to Set Up Digital Pathology Center

Sep 2020 Singapore, Healthcare

Singapore General Hospital (SGH) is working together with Royal Phillips, a leading health technology company, to establish the Digital and Computational Pathology Center of ...

Vietnam Issues 2020-2030 Action Plan to Reduce Emissions

Aug 2020 Vietnam, Environment

The Ministry of Construction has announced a national action plan on green growth covering the 2020-2030 period and focusing on reducing greenhouse gas (GHG) emissions in ...

Quang Tri to Have USD 350 Million Domestic Airport

Aug 2020 Vietnam, Defense/Aerospace

The Quang Tri Domestic Airport will be constructed under a public-private partnership (PPP) model with total investment capital of USD 348.26 million, which will be mobilized ...

NutiFood Vietnam and Dupont Sign a New Partnership

Aug 2020 Vietnam, Retail/FMCG

Vietnam's leading nutrition group NutiFood is collaborating with American nutrition group DuPont to research on probiotic and litesse for a FDI (Foundation of Digestion & ...

New Zealand and Vietnam Cooperate on e-Cert for Food and Agricultural Trade

Aug 2020 Vietnam, Economy

The representatives of the New Zealand Embassy to Vietnam, the Ministry of Agriculture and Rural Development (MARD) of Vietnam and the Ministry of Finance (MoF) of Vietnam ...

Denmark Cooperates with Vietnam to Build a 3.5GW Offshore Wind Project in Binh Thuan

Aug 2020 Vietnam, Energy

Copenhagen Infrastructure Partners (CIP), together with Asiapetro and Novasia Energy, has signed a memorandum of understanding (MoU) with Binh Thuan People’s Committee to ...

Tecco Group and Philux Global Funds Launch Infrastructure Fund for Vietnam

Aug 2020 Vietnam, Infrastructure

Vietnam-based Tecco Group has signed an agreement with PHILUX Global Funds, to launch PHILUX Infrastructure Fund, the first-ever Luxembourg-based infrastructure fund for ...

Shopback Officially Launched in Vietnam

Aug 2020 Vietnam, ICT

ShopBack, the Asia Pacific region’s leading rewards and discovery platform, launched its website and mobile app in Vietnam on August 8th. Founded in 2014, ShopBack now serves ...

Akzonobel Invests in a Green Manufacturing Plant

Aug 2020 Vietnam, Manufacturing

Dutch multinational company AkzoNobel has expanded its site in Vietnam, which includes a green manufacturing plant for marine and protective coatings as well as adhesive ...

AIA Introduces ‘Personal Medical Case Management Service’ in Vietnam

Aug 2020 Vietnam, Healthcare

On July 16, AIA launched its Personal Medical Case Management Service (Song Hanh Y Te) in Vietnam along with global healthcare services provider Medix Group to support ...

New Tender for the Thailand Genomics Sequencing Center

Aug 2020 Thailand, Healthcare

Following the 2019 approval from the Eastern Economic Corridor (EEC) Committee of a plan to set up a genome sequencing facility aiming to raise Thailand's competitiveness in ...

Thai Shipbuilder Launches New Patrol Vessels for the Royal Thai Navy

Aug 2020 Thailand, Defense/Aerospace

Marsun Limited, a Thai shipbuilding company, has built two more M36-class patrol boats which will enter service with the Royal Thai Navy (RTN), with the boats being built at ...

PTT Global Chemical to Buy Automation Equipment from Doosan

Aug 2020 Thailand, Manufacturing

PTT Global Chemical, Thailand’s state-run petrochemical company, has signed a USD 13 million contract with Korea’s Doosan Logistics Solution. The Korean company will provide ...

Thai Cabinet Approval Requested for Two New Rail Routes in the North and Northeast

Aug 2020 Thailand, Infrastructure

Approval for two new rail routes, the Den Chai-Chiang Rai-Chiang Khong in the upper North and the Ban Phai-Mukdahan-Nakhon Phanom in the upper Northeast, will be requested ...

Rayong Province Seeks Funds for Wastewater Treatment Projects to Cope with EEC

Aug 2020 Thailand, Environment

The Rayong Provincial Administration Organization, as one of three provinces where the Eastern Economic Corridor (EEC) is located, has requested new funds from the EEC Policy ...

New Thai JV to Focus on Telecom Services Via Low-Earth Orbit Satellites

Aug 2020 Thailand, ICT

Thaicom and CAT Telecom recently announced the creation of Nation Space and Technology Company Limited, a joint venture (JV) between the two companies. The JV will focus on ...

Explore Our Services