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 Accelerates Naval Base Upgrades Amid Security Concerns

Aug 2025 Philippines, Defense/Aerospace

The Philippine government is moving to strengthen its maritime defense by upgrading and expanding naval bases in strategic locations across the country. Defense Secretary ...

Philippines to Import More Agricultural Products

Aug 2025 Philippines, Agrifood

The Philippines is expected to increase agricultural imports over the next decade, as domestic production struggles to keep up with the demands of a growing economy and ...

Sabah Charts Green Future with Microalgae Biofuel and Bioplastics Initiative

Aug 2025 Malaysia, Environment

Sabah is taking a significant step toward a green economy with an ambitious initiative to cultivate microalgae for biofuel, bioplastics, and other sustainable products. The ...

Malaysia Launches Hybrid Hydro Floating Solar and Green Hydrogen Hub to Lead Regional Energy

Aug 2025 Malaysia, Energy

Malaysia marked a significant milestone in its energy transition roadmap with the launch of the Hybrid Hydro Floating Solar (HHFS) and Green Hydrogen Hub in Terengganu. The ...

Malaysia Secures USD 900 Million in Potential Investments During France Trade Mission

Aug 2025 Malaysia, Economy

Malaysia’s trade and investment mission to France in July 2025 secured an estimated MYR 4 billion (USD 900 million) in potential investments and MYR 675 million (USD 152 ...

Türkiye and Malaysia Partner on Joint Production of EREN 4×4 Armored Vehicles

Aug 2025 Malaysia, Defense/Aerospace

Turkish defense vehicle manufacturer Katmerciler has entered into a cooperation agreement with Malaysia’s Deftech to jointly manufacture and export the EREN 4×4 armored ...

Malaysia Emerges as Regional Hub for New Zealand Halal Products

Aug 2025 Malaysia, Agrifood

Malaysia is positioning itself as a strategic gateway for halal products from New Zealand to access the broader ASEAN market. New Zealand’s Biosecurity and Food Safety ...

Malaysia Launches Six AI and Digital Health Programs to Transform Patient Care

Aug 2025 Malaysia, Healthcare

Malaysia has unveiled six strategic initiatives aimed at embedding evidence-based practices, expanding digital tools, and enhancing patient-centered services across its ...

Penang Unveils Largest Semiconductor Innovation Hub to Boost “Made by Malaysia” Chip Development

Aug 2025 Malaysia, ICT

Malaysia achieved a significant step in its semiconductor ambitions with the launch of the 36,000 sq ft Penang Silicon Research and Incubation Space under the PSD@5KM+ ...

Malaysia Allocates USD 4.6 Billion for Flood Mitigation and Cross-Border Infrastructure under 13th Malaysia Plan

Aug 2025 Malaysia, Infrastructure

Malaysia has earmarked MYR 20 billion (USD 4.6 billion) for flood mitigation and cross-border infrastructure projects as part of the 13th Malaysia Plan (13MP) covering ...

Sarawak Welcomes USD 435 Million Polysilicon Factory Led by Japan’s Tokuyama and South Korea’s OCI

Aug 2025 Malaysia, Manufacturing

Japanese chemical company Tokuyama Corporation and South Korea’s polysilicon producer OCI have commenced construction of a new 10,000-metric-ton (MT) polysilicon plant at the ...

Gamuda Land Unveils Horizon Mall, a New Open-Air Retail Landmark in Johor

Aug 2025 Malaysia, Retail/FMCG

Gamuda Land, one of Malaysia’s major property developers is set to launch Horizon Mall, a new lifestyle retail destination in Iskandar Puteri, Johor state, by late ...

Europe’s Retail Giant Lidl Strengthens Supply Chain with Vietnam Expansion

Aug 2025 Vietnam, Retail/FMCG

Lidl, one of Europe’s largest supermarket retailers, is reinforcing its supply chain resilience by shifting more sourcing to Vietnam and Malaysia. The move comes amid rising ...

American Semiconductor Manufacturer Invests USD 127 Million in New High-Tech Factory in Vietnam

Aug 2025 Vietnam, Manufacturing

Coherent Corporation has reinforced its global growth strategy with the inauguration of a USD 127 million manufacturing facility in Dong Nai province. The new plant, located ...

Hateco and A.P Moller Maersk Launch New Deep-Water Port in Haiphong

Aug 2025 Vietnam, Infrastructure

Hateco Group and APM Terminals (a part of A.P Moller Maersk) have officially inaugurated the Hateco Haiphong International Container Terminal (HHIT), marking a major ...

Vietnam Firms Lead Five International Undersea Cable Systems for the First Time

Aug 2025 Vietnam, ICT

Vietnam has reached a new milestone in digital infrastructure, with five international undersea cable systems now operated and partially owned by Vietnamese enterprises. This ...

Vietnam to Launch Nationwide AI Training Program for 15,000 Healthcare Professionals

Aug 2025 Vietnam, Healthcare

Vietnam plans to train around 15,000 healthcare professionals in artificial intelligence (AI) over the next two years, according to the Ministry of Health. The initiative ...

Hanoi to Ban Fossil-Fuel Motorcycles in City Center from July 2026

Aug 2025 Vietnam, Environment

Vietnam will prohibit the use of fossil-fuel motorcycles and mopeds in central Hanoi starting from July 2026, marking a significant step in the country’s broader strategy to ...

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