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

Philippines Allocates 300 Hectares for New Mindanao Naval Base

Oct 2025 Philippines, Defense/Aerospace

The Philippine government has approved the allocation of 300 hectares of land within the Phividec Industrial Estate in Misamis Oriental for the development of a new naval ...

Philippines Strengthens Digital Transformation in Agriculture

Oct 2025 Philippines, Agrifood

The Philippines is accelerating efforts to modernize its agricultural sector through digital innovation and capacity-building. The Department of Agriculture’s Agricultural ...

Sam Edelman Debuts in Malaysia with Chic Boutique at The Gardens Mall

Oct 2025 Malaysia, Retail/FMCG

Sam Edelman, US footwear brand, has launched its first Malaysian boutique at The Gardens Mall, Lot F-222, in Kuala Lumpur in September 2025, marking a key milestone in its ...

Scanfil’s USD 3.76 Million Johor Plant Expansion Boosts Malaysia’s High-Tech Manufacturing Hub

Oct 2025 Malaysia, Manufacturing

Scanfil plc, Europe’s largest listed electronics manufacturer, has invested MYR 15.8 million (USD 3.76 million) to expand and modernize its SRX Global (Malaysia) Sdn Bhd ...

CRRC’s New EMU Trains Revolutionize Malaysia’s MRT Putrajaya Line

Oct 2025 Malaysia, Infrastructure

China Railway Rolling Stock Corporation (CRRC) has marked a significant milestone in Malaysia’s rail sector with the official launch of its new fleet of electric ...

DNB and Ericsson Empower 40,000 Malaysian Public Servants with 5G-AI Training for Digital Future

Oct 2025 Malaysia, ICT

Digital Nasional Berhad (DNB) and Ericsson have launched the “DNB-Ericsson Educate 21st Century Technologies programme,” a free, large-scale upskilling initiative targeting ...

HMI Medical Pioneers Malaysia’s First Japanese Robotic-Assisted Surgery System to Revolutionize Healthcare

Oct 2025 Malaysia, Healthcare

HMI Medical Group has become the first private healthcare provider in ASEAN to implement Japan’s Hinotori Robotic-Assisted Surgery (RAS) system at its flagship hospitals, ...

Brookfield and Solarvest Partner to Build 1.5 GW of Solar and Storage Projects in Malaysia

Oct 2025 Malaysia, Environment

Canadian investment firm Brookfield has entered into a joint investment framework agreement with Malaysia’s Solarvest Holdings Bhd to develop, build, and operate at least 1.5 ...

Malaysia Greenlights USD 1.43 Billion in Solar Projects, Including Largest Floating Plant, Under 2030 Energy Goals

Oct 2025 Malaysia, Energy

The Ministry of Energy Transition and Water (PETRA) of Malaysia has approved 13 large-scale solar (LSS) projects under the LSS PETRA 5+ programme, including one of the ...

MDEC’s DEX CONNEX 2025 Secures Over USD 238 Million in ASEAN Digital Exports

Oct 2025 Malaysia, Economy

The Malaysia Digital Economy Corporation (MDEC) has secured over MYR 1 billion (USD 238 million) in digital export opportunities through its DEX CONNEX 2025 initiative, ...

Ascendance Partners with Malaysia to Pioneer Hybrid eVTOL Solutions in Asia-Pacific

Oct 2025 Malaysia, Defense/Aerospace

French hybrid electric vertical takeoff and landing (eVTOL) startup Ascendance has secured two strategic partnership agreements in Malaysia to advance its innovative aviation ...

Johor Agropolis Secures MYR 500 Million to Transform Malaysia into Global Agribusiness Hub

Oct 2025 Malaysia, Agrifood

The Johor Agropolis project, a transformative initiative to establish Johor as a global agribusiness hub, has attracted MYR 500 million (USD 118.4 million) in investments, ...

EU-Indonesia Trade Agreement Paves the Way for Fresh Produce Exports

Oct 2025 Indonesia, Agrifood

The EU-Indonesia Comprehensive Economic Partnership Agreement (CEPA) is set to broaden market access in Indonesia for European farmers and food producers. The pact will ...

Turkish Technic Strengthens MRO Partnership with Garuda Indonesia and Citilink

Oct 2025 Indonesia, Defense/Aerospace

At the MRO Asia-Pacific 2025 event in Singapore, Turkish Technic and Garuda Indonesia signed two multi-year agreements covering the overhaul of landing gear for several ...

Europe and Indonesia Forge Landmark Trade Deal

Oct 2025 Indonesia, Economy

The European Union (EU) and Indonesia have concluded a long-anticipated trade agreement that eliminates tariffs on nearly all European exports to Southeast Asia’s largest ...

Indonesia and Denmark Deepen Partnership to Foster Offshore Wind Energy

Oct 2025 Indonesia, Energy

The governments of Indonesia and Denmark are collaborating to strengthen global efforts in Marine Spatial Planning (MSP) as part of advancing renewable energy initiatives, ...

Indonesia’s Pertamina Partners with Dutch Group for Renewable Energy Innovation

Oct 2025 Indonesia, Environment

Pertamina New & Renewable Energy (Pertamina NRE), the renewable energy subsidiary of state-owned oil and gas company Pertamina, has signed a memorandum of understanding ...

UAE–Indonesia Partnership Marks Opening of Cardiology Hospital in Surakarta

Oct 2025 Indonesia, Healthcare

The governments of the United Arab Emirates (UAE) and Indonesia held the soft opening of the UAE–Indonesia Cardiology Hospital in Surakarta in September 2025. The facility is ...

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