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

MITI Launches i-ESG Framework for Sustainable Manufacturing in Malaysia

The Malaysian Ministry of Investment, Trade, and Industry (MITI) has introduced the National Industry Environmental, Social, and Governance Framework (i-ESG Framework) Phase ...

SMITH Collaborates with EXIM Bank to Establish Medical Glove Manufacturing Plant in Sarawak

The Sarawak Medical Innovation Technology Hub Sdn Bhd (SMITH) has inked an agreement with the Export-Import Bank of Malaysia Bhd (EXIM Bank) to develop a medical glove ...

NTT Ltd and Princeton Digital Group Propel Malaysia’s High-Tech Infrastructure Growth

Malaysia continues to attract strategic high-tech projects, particularly data centers, positioning the country as a digitally connected nation with robust digital ...

Malaysia Sets 5G Milestones as Petronas Leads with Private Network, DNB Alliance Achieves World’s Fastest Trial

Malaysia is undergoing a digital transformation with groundbreaking 5G technology, exemplified by Petronas as the first to adopt a private 5G network. Additionally, a ...

LONGi Injects USD 385 Million Into Serendah Module Plant, Elevating Malaysia’s Sustainable Energy Sector

LONGi Malaysia Sdn Bhd, a subsidiary of the world-leading photovoltaic panel manufacturer LONGi Green Energy Technology Co. Ltd, has officially inaugurated its Serendah ...

Signify and MJT Open Malaysia’s First Philips Professional Lighting Concept Store

Signify, a leading global lighting company headquartered in the Netherlands, has introduced Malaysia’s first Philips Professional Lighting Concept Store at Tabuan ...

Thailand Launches Smart Drone Project for Rural Communities

The Bangkok Post recently reported that Thailand’s Digital Economy and Society (DES) Ministry intends to commence a drone project for communities nationwide with the goal of ...

Thailand’s Airbus Satellite Successfully Launched

The Airbus-built THEOS-2 Earth observation satellite has been successfully launched on a Vega rocket from Kourou, Europe’s spaceport in French Guiana. The Geo-Informatics and ...

Thailand’s Eastern Economic Corridor Sets New Investment Targets

The Eastern Economic Corridor (EEC), a special economic zone in Thailand, has set a new investment target of THB 500 billion (USD 13.7 billion) over the next five years. The ...

Thai Real Estate and Retail Developer Aims to Achieve 100% Renewable Energy By 2030

The renowned Thai real estate and retail developer Siam Piwat Group has set new sustainability goals, aiming to power its operations with clean energy, advance its 360° waste ...

Thai Company Secures Purchase Agreements for 15 Ground-Mounted Solar Projects

Thai clean energy specialist Absolute Clean Energy Public Company Limited (ACE), has recently secured Power Purchase Agreements (PPAs) from Thailand’s Provincial Electricity ...

AstraZeneca to Partner with Thai Agency for Digital Healthcare Innovation

Thailand’s Digital Economy Promotion Agency (depa) and AstraZeneca Thailand just strengthened their partnership aimed at promoting the adoption of digital healthcare ...

South Korean Mobile Carrier Enters Thailand Large Language Model Sector

It has recently been announced that one South Korea’s leading mobile carriers, KY Copr., will soon enter the large language model (LLM) sector in Southeast Asia by exporting ...

International Finance Corporation to Support Thailand’s Water Sector

The International Finance Corporation (IFC) and Thailand’s Ministry of Interior have signed a memorandum of understanding (MoU) to help strengthen the Southeast Asian ...

Italian Bicycle Tire Manufacturer Opens Green Factory in Thailand

Italian bicycle tire manufacturer Vittoria just announced the opening of a new factory in Thailand dedicated to the production of cotton tubular and clincher bicycle ...

Thai Retail Giants Compete for Warehouse Store Market

Thai giant Central Group is reportedly defending its status as the country’s retail leader with an expansion into warehouse food stores, challenging its competitor ...

Number of Foreign Franchise Brands in the Philippines Growing

The Philippines, considered one of the largest franchise markets in Southeast Asia, expects more international franchise brands to enter the market. This is according to the ...

Iloilo City Taps Private Firm to Turn Plastic Into Fuel

The Iloilo City government has entered into an agreement with a supplier of construction materials to turn waste materials into fuel. City Environment and Natural Resources ...

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