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

Vietnam to Launch First Semiconductor Plant in 2026
Vietnam is set to establish its first semiconductor manufacturing facility in 2026, marking a key milestone in the country’s drive for rapid and sustainable growth through ...

Vietnam’s Rural Market Set to Drive Retail Growth as Middle Class Surges by 2030
Vietnam’s rural areas are emerging as a major frontier for retail growth, as middle-class households outside the country’s largest cities are set to expand rapidly over the ...

Toys”R”Us Unveils IP Collection Flagship at Suria KLCC
Toys”R”Us Asia has launched its new IP Collection Flagship Store at Suria KLCC, marking the brand’s most significant retail innovation in Malaysia in nearly two ...

Texas Instruments Inaugurates High-Tech TIEM2 Factory in Melaka
Global semiconductor leader Texas Instruments (TI) has officially opened its second state-of-the-art assembly and test factory in Melaka, known as TIEM2. The inauguration, ...

TotalEnergies and Google Sign 21-Year PPA to Power Malaysia Data Centers
TotalEnergies has entered into a long-term Power Purchase Agreement (PPA) with Google to supply the tech giant with 1 terawatt-hour (TWh) of certified renewable electricity ...

OpenSys Technologies Unveils PalmWav, Malaysia’s First Palm-Based Payment Innovation
OpenSys Technologies, a subsidiary of OpenSys (M) Bhd, has officially introduced PalmWav, a pioneering biometrics prototype that marks Malaysia’s first foray into ...

German Metabolomics Pioneer Secures MDA Approval in Malaysia for ASEAN Debut
German metabolomics developer numares Health has announced its formal expansion into the ASEAN region following regulatory approval from Malaysia’s Medical Device Authority ...

Masdar to Develop Southeast Asia’s Largest Floating Solar Plant at Chereh Dam
Abu Dhabi-based renewable energy leader Masdar has formalized its entry into the Malaysian market by signing a Power Purchase Agreement (PPA) with Malaysia’s major utility ...

PETRONAS to Establish USD 125 Million National Geoscience Hub in Putrajaya
PETRONAS, via Malaysia Petroleum Management (MPM), has finalized a strategic agreement to develop the PETRONAS Geoscience Technology Centre (PGTC). The partnership with ...

JLG Unveils USD 6.6 Billion Ibrahim Technopolis as Gateway to Johor–Singapore SEZ
JLand Group (JLG), the infrastructure arm of Johor Corporation, has officially launched Ibrahim Technopolis (IBTEC), a 7,290-acre integrated development designed to anchor ...

Leonardo Launches Regional Cyber Center in Malaysia to Anchor Southeast Asian Security
Global aerospace and defense leader Leonardo has formally launched its Regional Cyber Center in Kuala Lumpur, a prominent investment that solidifies Malaysia’s standing as a ...

Johor’s Southern Agropolis to Spearhead Regional Agrifood Growth
Infrastructure development for Southern Agropolis, a 200-acre flagship agrifood hub within the Johor-Singapore Special Economic Zone (JS-SEZ), is set to commence in January ...

Tesla Leads Philippine EV Market, Sets Energy Efficiency Benchmarks
Tesla closed its first year in the Philippines as the country’s clear leader in battery electric vehicles, capturing 54% of the BEV market based on latest CAMPI–TMA sales ...

Panasonic Invests USD 52M to Expand Domestic Manufacturing in the Philippines
Panasonic Manufacturing Philippines Corp. has registered an investment of PHP 3 billion (USD 52 million) with the Philippine Economic Zone Authority (PEZA) to expand its ...

US Wood Exports to the Philippines Seen Rising 30% in 2025
American wood exports to the Philippines are projected to increase by 30% to USD 28 million in 2025, driven by rising demand from the construction, furniture manufacturing, ...

ePLDT Partners with Straits Interactive to Simplify Enterprise AI Adoption
ePLDT, the ICT arm of PLDT, has partnered with Singapore-based Straits Interactive to help Philippine organizations adopt generative AI more easily and securely. The ...

Chang Gung Hospital Seeks to Expand Philippine Patient Base Through AC Health Tie-Up
Chang Gung Memorial Hospital (CGMH)–Linkou is targeting a larger share of Philippine patients as part of its Southeast Asia growth strategy, focusing on cancer care and ...

UK Launches Climate Fund to Support the Philippines’ Clean Energy Transition
The United Kingdom has launched its flagship climate program, UK Partnering for Accelerated Climate Transitions (UK PACT), in the Philippines, committing an initial GBP ...
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