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
Autoliv’s Airbag Cushion Plant in Vietnam Nears Completion
Autoliv, Inc., a global manufacturer of automotive safety systems, is set to commence operations at its newly built airbag cushion manufacturing plant in Quang Ninh province, ...
British Retail Brands Eye Vietnam’s Expanding Market with Trade Deals in Place
The British Consulate General in Ho Chi Minh City is ramping up efforts to support more British retail brands—especially small and mid-sized businesses—in entering Vietnam’s ...
Coach Expands Coffee Shop Concept with Third Malaysian Outlet
Luxury leather goods brand Coach is expanding its hospitality venture with the launch of its third Coach Coffee Shop in Malaysia, its first within a commercial mall. ...
ASE Expands Presence in Malaysia with Fifth Semiconductor Facility in Penang
Taiwan-based ASE Technology Holding Co Ltd, the world’s largest provider of outsourced semiconductor assembly and testing services, has officially opened its fifth facility ...
Malaysia Sets 2028 Target for National Remote Sensing Satellite Operations
The Malaysian Ministry of Science, Technology, and Innovation has announced that the National Remote Sensing Satellite Development Programme (PSPJN) is scheduled to begin ...
Petronas and Partners Drive Next-Gen 5G Solutions with New R&D Lab
Malaysia’s state-owned energy giant Petronas, in collaboration with its education arm Universiti Teknologi Petronas (UTP) and TM One, the enterprise solutions arm of Telekom ...
Singapore’s Black Group to Invest USD 74 Million in Medical-Hospitality Facility in Kuala Lumpur
Singapore-based Black Group Investment Holding is investing USD 74 million to develop a cutting-edge medical and hospitality facility in Kuala Lumpur’s Golden Triangle. The ...
Malaysia’s Selangor State Invests in Water Treatment Plants and Infrastructure
The Selangor government is intensifying efforts to secure a sustainable water supply by developing a new water treatment plant (WTP) and enhancing existing infrastructure. ...
Australia’s EXAL Group and Solarvest Partner to Advance Clean Energy in Malaysia
Australia’s property developer EXAL Group has partnered with Malaysia’s publicly listed clean energy company, Solarvest Holdings Berhad, to incorporate sustainable energy ...
Malaysia Secures Record of USD 80 Billion in Approved Investments for 2024
Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong ...
UAE’s EDGE Group Expands Collaboration with Malaysia’s Ketech Asia on CAR 816 Rifle
UAE-based EDGE Group has expanded its collaboration with Malaysian defense firm Ketech Asia, an advanced ammunition manufacturer and firearms solutions provider, to enhance ...
Malaysia’s Pahang State Government Strengthens Agricultural Ties with Australia Through Six MoUs
The Pahang state government in Malaysia has formalized six memorandums of understanding (MoUs) with key Australian agricultural industry players. These agreements encompass ...
Polish Apples Make Their Debut in Indonesia
The first shipment of Polish apples has officially entered Indonesia, marking a significant milestone for Poland, the world’s third-largest apple producer. According to the ...
Korea Aerospace Industries to Provide Training and Hire Indonesian Workers
Korea Aerospace Industries Ltd. (KAI) has signed a memorandum of understanding (MoU) with Indonesian company Prima Duta Sejati to train and recruit Indonesian workers for the ...
Indonesia Greenlights Establishment of Second Sovereign Investment Fund
Indonesia’s parliament has approved the creation of a new sovereign investment fund aimed at overseeing key state-owned enterprises (SOEs) and generating capital for domestic ...
UAE’s Masdar Expands Renewable Energy Partnership with Indonesia
The Indonesian Coordinating Minister of Economic Affairs announced that the UAE’s state-owned energy company, Masdar, has agreed to enhance investment cooperation in ...
IBC to Establish EV Battery Recycling Plant by 2031 to Support Nickel Sustainability
Indonesia Battery Corporation (IBC) plans to establish an electric vehicle (EV) battery recycling plant by 2031 to promote nickel sustainability and support green energy ...
Indonesia and Saudi Arabia Sign MoU to Enhance Cooperation in the Health Sector
The health ministries of Indonesia and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen collaboration in healthcare, focusing on human resource ...
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