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

Investments in Thailand’s Food Sector Increase Despite COVID-19 Outbreak

Aug 2020 Thailand, Retail/FMCG

Since 2019 a total of 116 investment promotion applications for food processing and drinks manufacturing projects in Thailand have been registered, totaling USD 600 million ...

IEAT Seeks Support for Waste-To-Energy Scheme

Aug 2020 Thailand, Energy

The Industrial Estate Authority of Thailand (IEAT) is asking for help from energy officials in order to beef up the waste-to-energy policy with the purpose of better ...

Amendments to Civil and Commercial Code Improve Thai Business Climate

Aug 2020 Thailand, Economy

Thailand’s Government, aiming to support business and to simplify the process of setting up and conducting business in the country, has approved in June 2020 new amendments ...

Potential Antibody Treatment for Yellow Fever Developed in Singapore

Aug 2020 Singapore, Healthcare

Researchers from Antimicrobial Resistance (AMR) collaborating with researchers from the Massachusetts Institute of Technology (MIT), and also with local institutions such as ...

Singapore Establishes Asian Institute of Digital Finance

Aug 2020 Singapore, Economy

The Asian Institute of Digital Finance (AIDF), a research institute that will develop deep capabilities to support the needs of digital financial services in Asia, will begin ...

UOL Group Developing Singapore’s First Zero Waste Hotel

Aug 2020 Singapore, Environment

The UOL Group. one of Singapore's leading property development companies, will redevelop the Pan Pacific Orchard hotel into a biophilic and zero-waste 347 room hotel. This ...

UOB and Getz Partner to Lower Costs and Increase Online Presence for F&B

Aug 2020 Singapore, Retail/FMCG

United Overseas Bank (UOB) and Getz, an end-to-end food and beverage (F&B) digital solution provider, announced a collaboration in order to help F&B businesses set up ...

ST Engineering and IAI Partner to Sell Advanced Naval Missile Systems

Aug 2020 Singapore, Defense/Aerospace

Singapore Technologies Engineering (ST Engineering), through its land system division, announced the signing of a partnership with state-owned Israel Aerospace Industries ...

RTS Project Officially Launch with Malaysian and Singaporean Prime Ministers Present

Aug 2020 Singapore, Infrastructure

An official ceremony marked the restart of work on the Rapid Transit System (RTS) Link, which will transport passengers between Johor and Singapore and was attended by both ...

Nine Companies Receive Funding to Boost Singapore’s Cyber Defense

Aug 2020 Singapore, ICT

The Cyber Security Agency of Singapore (CSA) selected 9 companies, namely Singapore based Group IB, Secure IC, Acronis, Amaris.AI, Scantist, SecureAge and InsiderSecurity as ...

ENGIE, Senoko Energy and Electrify Launch First P2P Energy Trading Platform in Singapore

Aug 2020 Singapore, Energy

A collaboration between Senoko Energy, Electrify and Engie Factory, the venture arm of French multinational electric utility company, ENGIE, has brought to life the first ...

Bosch Launches Training Program to Help Manufacturing Industry Prepare for Future

Aug 2020 Singapore, Manufacturing

German giant Bosch, through its Bosch Rexroth Training Centre (BRRTC), has launched its first Industry 4.0 program in Singapore, aiming to train about 1,500 technicians and ...

Telemedicine Act Filed at House of Representatives

Aug 2020 Philippines, Healthcare

A bill that will develop and expand telemedicine and electronic health (eHealth) in the Philippines has been filed at the House of Representatives. The Philippine E-Health ...

Philippines’ Transportation Sector Seeks to Go Cashless

Aug 2020 Philippines, ICT

PayMaya, the Philippines’ only end to end digital payment solutions provider, aims to fully digitalize the entire transportation chain with the support of the Department of ...

Philippine Government Set to Implement Another Round of Economic Stimulus Package

Aug 2020 Philippines, Economy

The Philippine government is getting ready to rollout its second phase of stimulus package as the Bayanihan 2 is only awaiting the signature of President Rodrigo Duterte for ...

Philippine Armed Forces Allocates USD 2.6 Million for FA-50PH Aircraft Spares

Aug 2020 Philippines, Defense/Aerospace

The Armed Forces of the Philippines (AFP) allocated PHP 126 million (USD 2.6 million) to acquire spare parts for the maintenance of Philippine Air Force (PAF) South ...

Local PPE Makers to Add USD 36 Million Investments

Aug 2020 Philippines, Manufacturing

Member companies of the Confederation of Philippine Manufacturers of PPE (CPMP) are adding USD 36 million investments to ramp up their production of medical-grade personal ...

Grundfos Launches Solution to Support Flood, Wastewater Management in the Philippines

Aug 2020 Philippines, Environment

Grundfos Philippines launched its Prefabricated Pumping Stations (PPS) in the Philippines to help the country's increasing needs for flood and wastewater management. With the ...

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