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
Air New Zealand Undertakes Major Retrofit of Boeing 787-9 Fleet in Singapore
Air New Zealand has embarked on an ambitious project to modernize its Boeing 787-9 Dreamliner fleet. The first of 14 aircraft arrived in Singapore on October 14th, 2024, to ...
International Collaborations Support Singapore’s 30 by 30 Food Security Initiative
In an ambitious move to bolster Singapore’s food security and technological expertise in agriculture, local farms are increasingly engaging in international ...
Ireland Grows Meat and Dairy Exports to Thailand and Vietnam
Ireland’s Minister of State at the Department of Agriculture, Food and the Marine, Senator Pippa Hackett, recently concluded a trade mission to Thailand and Vietnam, focused ...
Royal Thai Air Force Strengthens Partnership with German Manufacturer
The Royal Thai Air Force (RTAF) has reinforced its partnership with German weapon manufacturer Diehl Defence through a recent agreement focused on the technical and ...
Investment in Thailand Reaches 10-year Peak, Driven by Electronic Manufacturing and Data Center Projects
The Thailand Board of Investment (BOI) reported a 42% year-on-year increase in investment promotion applications in the first nine months of 2024, reaching a value of THB ...
Thailand Plans to Increase Solar Power Purchases from Households
Thailand’s energy authorities are exploring options to increase solar power purchases from households as part of efforts to boost clean energy adoption and support rooftop ...
Envicco Launches Plastic Waste Recovery and Recycling Project in Thailand
Envicco, a joint venture established by PTT Global Chemical, has initiated a plastic waste recovery and recycling project recognized for its potential to significantly reduce ...
Google to License AI Model for Detecting Diabetic Retinopathy in Thailand
Google has announced the licensing of its AI model for detecting diabetic retinopathy in Thailand, where the shortage of eye specialists limits access to essential screening ...
Italian Company Brings Advanced Monitoring Technologies to Thailand’s Railways
The Italian infrastructure monitoring leader Nplus, part of the Giordano Riello International (GRIG) group, has signed an agreement in Bangkok with Thailand’s Railway ...
Google Invests USD 1 Billion in Thailand, Building a Data Center and Supporting AI Growth
Google announced a USD 1 billion investment into Thailand’s digital infrastructure, focused on building its first Thai data center in Chonburi and expanding cloud ...
German Automotive Parts Manufacturing Company Expands Tire Plant in Thailand
German automotive parts manufacturing company Continental is expanding its tire plant in Rayong, Thailand, increasing production by three million units per year through a EUR ...
French Association Launches Promotional Campaign for French Apples in Thailand
Interfel, the French fresh fruit and vegetable association, is launching a new promotional campaign for French apples in Thailand in December 2024, following a year of ...
USD 20 Million Merger Forms Singapore’s Largest Plant Superfood Ecosystem
Future Food Foundry (3F), a UAE-based agri-food technology company, has invested over USD 20 million to merge NextGen Farms (NGF) and Sustenir Group, creating Singapore’s ...
Singapore Strengthens Maritime Defense with Commissioning of Invincible-Class Submarines
Singapore has officially commissioned its first two Invincible-class submarines, RSS Invincible and RSS Impeccable. This milestone marks a significant upgrade in the Republic ...
Singapore Attracts Strong FDI Amid Global Shifts
Singapore has continued to attract substantial foreign direct investment (FDI) amidst global corporate changes, with the Economic Development Board (EDB) securing SGD 5.4 ...
Singapore to Import 1.4 GW of Low-Carbon Electricity from Indonesia to Strengthen Energy Security
The Singapore government has granted conditional approvals to import 1.4 gigawatts (GW) of low-carbon electricity from two major solar power projects in Indonesia, supporting ...
Singapore Expands Newater Capacity to Meet Growing Water Demand
Singapore is increasing its Newater production capacity by 50 million gallons per day with the planned expansion of the Tuas Newater Factory. Announced by the national water ...
Qritive Joins Forces with Roche to Redefine Global Cancer Diagnostics with AI
Qritive, a digital pathology and AI company based in Singapore, has announced a strategic collaboration with Roche to advance cancer diagnostics by integrating its AI-powered ...
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