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
Malaysian Telcos Partner with ZTE to Demonstrate Advanced 5G and AI Technologies
Two major Malaysian telecommunication companies, CelcomDigi Berhad (CelcomDigi) and U Mobile Sdn Bhd (U Mobile), have joined forces with ZTE Corporation, a global leader in ...
TT Vision Partners with Autowell for USD 34.91 Million Solar Automation Venture
TT Vision Holdings Bhd (TTVHB), a Malaysian technology-driven company specializing in automated machine vision solutions, has forged a significant partnership with Autowell ...
99 Speed Mart Eyes Bursa Malaysia Debut with Ambitious Expansion Goals
99 Speed Mart Retail Holdings, Malaysia’s leading mini-market chain retailer, is preparing for its potential debut on Bursa Malaysia’s Main Market, the ...
Thaicom Selects American Company to Supply New Satellite
Thaicom Public Company Limited (Thaicom), a leading Thai satellite and space tech company, has announced the selection of Astranis, an American company specializing in ...
Mitsubishi and Thai Oil and Gas Company Explore Ammonia Gas Turbine Power
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP), a subsidiary of Mitsubishi Heavy Industries, just signed a Memorandum of Understanding (MoU) with Thai ...
USTDA Supports Next Generation Wi-Fi for Improved Healthcare in Thailand
The US Trade and Development Agency (USTDA) recently signed a grant agreement with Ramathibodi Hospital, Mahidol University for a feasibility study and pilot project to ...
Thailand Aims to Attract USD 28 Million from Foreign Filmmakers, Offers Incentives
Thailand is aiming to attract more than THB 1 billion (USD 28 million) in investment from foreign filmmakers in 2024, according to the director-general of the Department of ...
Thailand Inaugurates Large Hydro-Floating Solar Hybrid Project
The Electricity Generating Authority of Thailand (EGAT) just announced the commencement of operations at the 24 MW Hydro-floating Solar Hybrid Project at Ubol Ratana Dam in ...
PepsiCo Builds High-Capacity Logistics Automation System with Dematic in Thailand
Food and beverage giant PepsiCo has partnered with Dematic, an American supplier of materials handling systems, software and services, to integrate automation as a central ...
Thailand Publishes Rules for Virtual Bank Licenses
The Bank of Thailand (BoT) recently published rules, procedures, and conditions for the application for and the issuance of a virtual bank license. This will allow applicants ...
BMW Group to Construct High-Voltage Battery Assembly Plant in Thailand
Construction work is underway for the BMW Group’s Thai manufacturing facility for Gen-5 high-voltage batteries. With that, the BMW Group is readying a production facility to ...
Survey from Tourism Authority of Thailand Reveals Rises in Tourist Spending
A Tourism Authority of Thailand (TAT) survey has revealed that foreign tourists in the country have increased their spending on accommodation post-pandemic, showing a ...
Thai and American Companies Collaborate for Carbon Reduction in Agri-Food Industry
American agricultural specialist Alltech and Thai Wah Public Co. (TWPC) have joined forces to advance carbon reduction efforts in the Asian agri-food industry by leveraging ...
Singtel CSI and SIM Academy Meet Growing Demand for Cyber Security Training in Singapore
Singtel Cyber Security Institute (CSI), SIM Academy, and UOB (United Overseas Bank) have collaborated to launch a cyber scam preparedness program titled “Defence ...
New Arena Planned for Singapore
Singapore is set to construct a new state-of-the-art indoor arena adjacent to the existing Singapore Indoor Stadium in Kallang, which is nearing its capacity after nearly 35 ...
Significant Expansion in Singapore’s Retail Landscape from 2024 to 2027
According to estimates from Savills, Singapore’s retail landscape is set to undergo significant expansion over the next four years, from 2024 to 2027. The market is ...
Cedars-Sinai Expands Global Healthcare Network with New Office in Singapore
Cedars-Sinai International has expanded its global footprint by opening a new office in Singapore. This marks the organization’s third global office as it aims to build ...
Johnson Controls Announces New Smart Building Innovation Center in Singapore
Johnson Controls has announced the opening of a new office and Innovation Center in Singapore, located at one-north. This facility is part of the company’s commitment ...
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