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

Bio Farma and Novo Nordisk Partner to Boost Diabetes Treatment in Indonesia

Bio Farma and Novo Nordisk Partner to Boost Diabetes Treatment in Indonesia

Bio Farma and Novo Nordisk Indonesia have entered into a collaboration to develop local manufacturing processes for diabetes medications in Indonesia. This partnership aims ...
Indonesian Telco Indosat Unveils AI Tools to Enhance the Domestic Oil and Gas Industry

Indonesian Telco Indosat Unveils AI Tools to Enhance the Domestic Oil and Gas Industry

Indosat Ooredoo Hutchison has introduced a set of AI-powered, cloud-based tools aimed at improving the upstream oil and gas sector in Indonesia. The tools, offered through ...
MCC to Launch USD 649 Million Infrastructure and Finance Compact in Indonesia

MCC to Launch USD 649 Million Infrastructure and Finance Compact in Indonesia

Millennium Challenge Corporation’s (MCC) CEO Alice Albright recently visited Indonesia to review the progress on the USD 649 million Indonesia Infrastructure and ...
Malaysia Targets Enhanced Aquaculture Production through Advanced Technology

Malaysia Targets Enhanced Aquaculture Production through Advanced Technology

Malaysia is set to boost its aquaculture production to 40% of its total fisheries sector by 2030, aiming to meet the country’s growing fishery demands. The government, ...
Malaysian Army Orders Norwegian-Finnish Made M72 Anti-Tank Weapons

Malaysian Army Orders Norwegian-Finnish Made M72 Anti-Tank Weapons

The Malaysian Army has ordered 800 M72 LAW-EC (Lightweight Anti-Tank Weapons) from Nammo, a joint venture between Norway and Finland. This procurement is part of Malaysia’s ...
Malaysia Unveils Plan to Attract USD 63 Billion in Green Investments by 2030

Malaysia Unveils Plan to Attract USD 63 Billion in Green Investments by 2030

The Malaysian Investment, Trade and Industry Ministry (MITI) is set to develop a strategic plan to boost green investment and establish Malaysia as a leading regional green ...
Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

The inauguration of Sarawak Petchem Sdn Bhd’s USD 1.5 billion (MYR 7 billion) methanol complex represents a pivotal development for Malaysia, enhancing its status as a ...
Bursa Malaysia Launches Malaysia’s First Nature-Based Carbon Credit Auction

Bursa Malaysia Launches Malaysia’s First Nature-Based Carbon Credit Auction

Bursa Malaysia Bhd, the nation’s stock exchange, has launched Malaysia’s first nature-based carbon credit auction to expedite the development of domestic carbon ...
Malaysian Health Ministry Integrates Medical Technology, Targets 900 Clinics for Virtual Consultations

Malaysian Health Ministry Integrates Medical Technology, Targets 900 Clinics for Virtual Consultations

The Malaysian Ministry of Health (MOH) plans to extend virtual consultation services to 900 health clinics nationwide by the end of the year. These services will cover ...
Malaysia Aims to Fortify 5G Infrastructure Against Cyber Threats

Malaysia Aims to Fortify 5G Infrastructure Against Cyber Threats

Digital Nasional Berhad (DNB), the entity responsible for deploying Malaysia’s nationwide 5G infrastructure, has entered a strategic collaboration with CyberSecurity Malaysia ...
US’s Equinix Expands Data Center Footprint in Malaysia with USD 5 Million Investment

US’s Equinix Expands Data Center Footprint in Malaysia with USD 5 Million Investment

Equinix, Inc., a digital infrastructure company based in the United States, has announced a MYR 23 million (USD 5 million) investment to acquire land from Cyberview Sdn Bhd, ...
Belgian-based Melexis Launches Its World Largest Wafer Testing Site in Malaysia

Belgian-based Melexis Launches Its World Largest Wafer Testing Site in Malaysia

Melexis, a Belgian microelectronics firm, has opened its largest wafer testing facility in Kuching, Sarawak, Malaysia, following a EUR 70 million (USD 77 million) investment. ...
Coach Partners with APW to Unveil First Coach Play Concept Store in Kuala Lumpur

Coach Partners with APW to Unveil First Coach Play Concept Store in Kuala Lumpur

US-based fashion brand, Coach is set to launch its first-ever Coach Play concept store in Southeast Asia. In collaboration with A Place Where (APW), an event and retail hub ...
Indonesia Enters US Seafood Export Quality Assurance Agreement

Indonesia Enters US Seafood Export Quality Assurance Agreement

Indonesia has formalized a regulatory framework for ensuring the quality of seafood products exported to the U.S. Announced by the Ministry of Maritime Affairs and Fisheries ...
Greek Defense Specialist Drives Next-Generation Interoperability Project for Indonesian Armed Forces

Greek Defense Specialist Drives Next-Generation Interoperability Project for Indonesian Armed Forces

SCYTALYS, a leading Greek provider of Defense Interoperability Systems and a member of EFA GROUP, has announced the successful handover of the System Interoperability Kodal ...
Indonesian Government Considers Seven New Special Economic Zones

Indonesian Government Considers Seven New Special Economic Zones

The Indonesian government has been presented with proposals to create seven new special economic zones (SEZs), as stated by the acting secretary general of the SEZ National ...
Norway to Pursue Hydropower and CCS Projects in Indonesia

Norway to Pursue Hydropower and CCS Projects in Indonesia

Norway aims to strengthen its partnership with Indonesia and explore investment opportunities in renewable energy, including hydropower and carbon capture and storage (CCS), ...
Sustainability Economics to Speed Up the Transition from Coal to Clean Energy

Sustainability Economics to Speed Up the Transition from Coal to Clean Energy

Sustainability Economics, an international organization specializing in comprehensive net-zero solutions for high-emission industries, has partnered with SUCOFINDO, an ...

Explore Our Services