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Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia

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Indonesia to Partner with Germany on Green Infrastructure; Exploring Collaborations with the Netherlands

Mar 2021 Indonesia, Environment

Indonesia and Germany have launched a strategic partnership to develop green infrastructure in the South East Asian country. The initiative aims to reduce carbon emissions in ...

Korean Companies Contribute to the Development of Thailand’s LGN Industry

Mar 2021 Thailand, Energy

Thai Petrochemical Industry Polene Power (TPIPP) has signed a memorandum of understanding with Korea Gas Corp (KOGAS) and Korea Western Power to cooperate for Thailand's ...

Singapore’s First Multi-Energy Filling Station

Mar 2021 Singapore, Energy

Union Gas Holdings Limited, an established provider of fuel products in Singapore, has exclusively appointed Surbana Jurong Group as part of a collaboration to study and ...

Petronas to Collaborate with ADNOC and Masdac on Energy Value Chain Solutions

Mar 2021 Malaysia, Energy

Malaysia’s Fortune 500 firm, Petronas plans to partner with UAE-based Abu Dhabi National Oil Company (Adnoc) and Masdar for strategic development across the whole energy ...

New Power Projects to Be Developed by GE Renewable Energy

Mar 2021 Vietnam, Energy

GE Renewable Energy has signed a cooperation agreement with Vietnam Electricity Construction Corporation (VNECO) to develop the second wind power project in Binh Thuan ...

India’s Indika Energy and UAE’s Masdar Invest in Indonesia’s Solar Industry

Mar 2021 Indonesia, Energy

Indonesian PT Indika Energy Tbk. and India’s solar developer, Fourth Partner Energy, have formed a joint venture called PT Empat Mitra Indika Tenaga Surya (EMITS) to provide ...

DOE Taps Private Sector to Provide Electricity Services in Palawan and Negros Occidental

Mar 2021 Philippines, Energy

The Department of Energy (DOE) has declared a total of 69 locations in Negros Occidental and Palawan as remote, underserved and unserved areas, which are open for the private ...

USD 272 Million Investments Approved by PEZA Board in March 2021

Mar 2021 Philippines, Economy

The Philippine Economic Zone Authority (PEZA) Board has approved a total of 33 new projects in March 2021 - these are expected to bring about PHP 13.19 billion (USD 272 ...

Vietnamese Textile Industry Sees Growing Export Opportunities

Mar 2021 Vietnam, Economy

Following the EU-Vietnam Free Trade Agreement (EVFTA) and the recovery from the Covid-19 pandemic, Vietnam now eyes opportunities to boost its apparel and textile exports. ...

Thailand and UK to Form Joint Trade Committee on Commerce and Economic Cooperation

Mar 2021 Thailand, Economy

Thailand and the United Kingdom are planning to sign a memorandum of understanding (MoU) to set up a Joint Trade Committee on Commerce and Economic Cooperation. According to ...

Singapore’s Economy has been Ranked the Freest in the World

Mar 2021 Singapore, Economy

Singapore's economy has been ranked the freest in the world this year in the Heritage Foundation's 2021 Index of Economic Freedom. Singapore’s economic freedom score is 89.7, ...

Malaysian Government Launches Digital Economy Blueprint (MyDigital)

Mar 2021 Malaysia, Economy

The Malaysian government has officially launched its Malaysia Digital Economy Blueprint (MyDIGITAL) to transform Malaysia into a digitally-driven, high-income nation and a ...

Indonesia Unveils Priority List for Investors, Signs Treaty with Singapore

Mar 2021 Indonesia, Economy

The Indonesian government has just unveiled a priority list aiming to lure investors with fiscal & nonfiscal incentives and the removal of restrictions on foreign ...

Viettel’s Company Joins Global Aerospace Supply Chain

Mar 2021 Vietnam, Defense/Aerospace

M3 Communication Co., Ltd, a member of the military-run telecom conglomerate Viettel, has officially become the first Vietnamese enterprise to participate in the global ...

Thai Airways Plans to Buy 20 to 30 Aircraft by 2025

Mar 2021 Thailand, Defense/Aerospace

Thailand’s flag carrier Thai Airways is reportedly looking to acquire from 20 to 30 new aircraft by 2025 to facilitate future air travel needs once the Covid-19 crisis is ...

Singapore Receives its First H225M Helicopter

Mar 2021 Singapore, Defense/Aerospace

The Republic of Singapore Air Force (RSAF) has taken delivery of its first H225M helicopter in Singapore, as part of a contract signed between Airbus Helicopters and ...

SIA Engineering Company Signs MoU to Discuss Potential Acquisition of SR Technics Malaysia

Mar 2021 Malaysia, Defense/Aerospace

Singapore-based MRO specialist SIA Engineering (SIAEC) has signed a preliminary agreement with SR Technics Switzerland to acquire SRT Malaysia, the latter’s local subsidiary ...

Philippines Signs Agreement with India for World’s Fastest Supersonic Missiles

Mar 2021 Philippines, Defense/Aerospace

The Philippines and India inked an agreement for the export of military equipment by India into the Philippines. The agreement will serve as guidelines for the policies ...

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