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
Leading Private Healthcare Provider Invests into Thailand’s Rapidly Developing Cosmetic Surgery Market
In response to the growing demand for facial contouring, ViMUT Hospital, a prominent private healthcare provider in Bangkok, has expanded its services by launching a new ...
Marubeni Enters into the End-of-Life Tire Pyrolysis Recycling Business in Thailand
Marubeni Corporation has invested in Green Rubber Energy Company Limited (GRE), which is developing an End-of-Life Tire (ELT) pyrolysis recycling business in Thailand.
Thirty ...
Thailand Puts Solar Power at the Center of its National Energy Plan
Thailand’s Ministry of Energy is intensifying efforts to roll out a comprehensive National Energy Plan (NEP) to meet the country’s ambitious goal of reducing ...
UK Signs Trade Pact with Thailand to Boost Exports
The UK and Thailand are set to establish an Enhanced Trade Partnership designed to strengthen trade and investment ties between the two countries.
The agreement, involving UK ...
Thailand Plans Ambitious Airports Expansion
Airports of Thailand (AOT) has announced plans to expand its six international airports to accommodate 210 million passengers by 2032. Kerati Kijmanawat, AOT’s ...
Thailand Innovates in Plant-based Meat Using Coconut Water
A Thai company renowned for its coconut vermicelli has ventured into plant-based meat production using coconut water, as part of a government initiative to boost the ...
Malaysia Government Invests USD 1.06 billion to Transform Agriculture and Boost Rice Production
The Malaysian government is initiating several major projects in the agricultural sector, with a significant focus on rice production. One of the key initiatives is a ...
Capital A Launches Malaysia’s Largest 14-Line Aircraft Maintenance Facility
Asia Digital Engineering (ADE), the Maintenance, Repair, and Overhaul (MRO) division of Capital A (formerly AirAsia Group), has officially unveiled its latest 14-line MRO ...
Malaysia Introduces Tax Breaks and Incentives to Boost Global Investment in Forest City
Malaysia has unveiled a series of tax breaks and incentives for the Forest City development, officially designated as the Forest City Financial Zone (FCSFZ) in August 2023. ...
Solarvest Holdings Secures USD 24 Million Contract for Solar Farm Construction in Malaysia
Malaysia’s major clean energy firm, Solarvest Holdings, has clinched a MYR 113 million (USD 24 million) Engineering, Procurement, Construction, and Commissioning (EPCC) ...
German Delegation Visits Malaysia to Support Water Sector Transformation
In September 2024, the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) collaborated with the Environmental Technologies Export Initiative, the ...
Malaysia’s Medical Tourism Revenue to Reach USD 476 Million in 2024, Fueled by Penang’s Growth
Malaysia’s private healthcare and medical tourism sector is set to generate MYR 2.2 billion (USD 476 million) in revenue in 2024, with Penang emerging as a pivotal hub ...
Malaysia Generates USD 222 Million By Strengthening AI Digital Ecosystem
The Malaysia Digital Economy Corporation (MDEC), the leading agency for the country’s digital economy under the Ministry of Digital, has successfully integrated 140 ...
TM Global and Radian Arc Continue Partnership to Scale Cloud Gaming Across New Markets
TM Global, the domestic and international wholesale arm of Telekom Malaysia (TM), the country’s largest telecommunications provider, has extended its partnership with ...
Elna Inaugurates New USD 230 Million Printed Circuit Boards Facility in Penang, Malaysia
Elna PCB (M) Sdn. Bhd., the Malaysian subsidiary of Global Brands Manufacture under Taiwan’s Passive System Alliance (PSA) Group, has announced the opening of its second ...
PUMA Opens Its Biggest Southeast Asian Store in Malaysia
PUMA has opened its largest flagship store in Southeast Asia, located in Sunway Pyramid, Selangor, Malaysia. Spanning 12,000 square feet, the store reinforces PUMA’s ...
Indonesia Expands Carbon Trade Collaboration with Japan
Indonesia is set to finalize a bilateral agreement with Japan aimed at enhancing carbon trading between the two nations, according to the Southeast Asian country’s ...
South Korean Companies Invest in Indonesia’s Regenerative Medicine and Cell Therapy Market
South Korea’s Daewoong Pharmaceutical and GC Cell are entering Indonesia’s regenerative medicine and cell therapy markets. Daewoong Pharmaceutical has established a ...
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