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

Sanofi Begins Construction of Unique Evolutive Vaccine Facility in Asia

In April, Sanofi officially commenced its Evolutive Vaccine Facility (EVF), in the presence of Singapore’s Deputy Prime Minister and Coordinating Minister for Economic ...

New National Consortium in Singapore to Advance Clinical Research and Innovation

In April, Singapore’s Minister for Health Mr. Ong Ye Kung officially launched a new national consortium, the Consortium for Clinical Research and Innovation, Singapore ...

Rising Demand for Digital Asset Exchange Platform License in Thailand

Gulf Innova, the subsidiary of the Thai public company Gulf Energy Development, entered into an agreement with Binance Group to jointly study avenues for the development of ...

In Thailand Fashion Tops Ranking for Online Shopping Products

According to a recent survey by market research firm Nielsen, fashion products are the most popular online shopping items in Thailand. Other industries, such as grocery and ...

Thammasat University Collaborates for Thailand´s Medical Hub Scheme

Thailand's public research university, Thammasat, is collaborating with state and private players to create a 'Medical Valley' in Pattaya under the Eastern Economic Corridor ...

Singapore and New Zealand Synergize for Sustainable Aviation

Singapore’s Ministry of Transport (MOT) and the Civil Aviation Authority of Singapore (CAAS) today entered into an agreement on Sustainable Aviation with the New Zealand ...

Thailand Approves Enhanced Measures to Boost Electric Vehicles Sector

Thailand's Board of Investment (BOI) has approved fresh incentives for investments in the Electric Vehicles (EV) sector. This is in line with the Thai government’s policy to ...

Thailand to Accelerate Digital Uptake of Its Agrifood Industry

The Thai government has pledged to hasten the digital transformation plans of the country's food and agriculture industry this year. The focus areas will include big data, ...

The United States to Assess Thailand’s F-35 Procurement Potential

It has been recently reported that a team sent by the US Air Force will evaluate if Thailand can procure and maintain the Lockheed Martin F-35 Lightning II fifth-generation ...

Thailand Developing Four New Economic Corridors and Related Incentives

Thailand is preparing investment incentives for four new economic corridors, namely the Southern Economic Corridor, the Northeastern Economic Corridor (NEEC), the Northern ...

ADB and Energy Absolute Sign Agreement for Electric Ferry Fleet

The Asian Development Bank (ADB) and Energy Absolute, one of the largest renewable energy companies in Thailand, have signed a THB 160 million (USD 4.7 million) loan ...

Thailand Extends Bio-plastic Incentives, Aims to Become Regional Leader

Thailand has just extended the 25% corporate tax exemption for bio-plastic players, aiming to promote the country as a bio-hub in the Southeast Asian region. According to ...

Hospitals Expanding Aggressively in Indonesia

According to Deal Street Asia, PT Saratoga Investama Sedaya Tbk, a publicly listed Indonesian investment company, is now in talks to sell its stake in Primaya Hospital ahead ...

Japanese Furniture Brand Nitori Retail to Open First Singapore Store

Japanese furniture and home furnishing brand Nitori Retail opened its first outlet in Singapore in March 2022, spanning the entire fourth floor (31,630 sq ft) of Courts ...

US Specialist Partners with Thai Company to Offer Solar Energy for Homes

It has just been announced that Thai solar rooftop company SCG Solar Roof Solutions is partnering with US energy service provider Enphase Energy in a bid to power ...

Petronas Accelerates Cleaner Energy Strategy Through Partnerships and New Initiatives

Petronas, Malaysia’s national oil and gas conglomerate, aspires to be an energy superstore, as indicated by its recent collaboration with Honeywell on carbon-neutral energy ...

Thai Exports Surge Finding New Markets

Thailand's exports grew by over 16% in the month of February 2022, driven by higher international demand on the back of global economic recovery. This higher-than-expected ...

SDG Investor Map to Guide Private Sector in Indonesia

The United Nations is supporting Sustainable Development Goals (SDG) in Indonesia. The Indonesia SDG Investor Map (the Map) was launched in March 2022 by the government of ...

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