Business News

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in South East Asia

Monthly Business News to Help You Understand the Market

Thailand Planning USD 5.43 Billion for 4 Infrastructure Projects for 2021

To recover from the adverse economic effects of the Covid-19 pandemic and support long-term growth, the Thai government is planning THB 163 billion (USD 5.43 billion) of ...

Quang Nam Calling for Public Private Partnership (PPP) Investment

The Quang Nam province has developed a Private-Public-Partnership (PPP) model for attracting private sector investment in two key projects: the Chu Lai port and the Shu ...

Philippines to Spend USD 5.8 Million for Railway Construction in 2022

In a virtual conference, the Department of Transportation has revealed that it will be spending USD 5.8 million for railway projects in 2022. The government awarded 32 railway

Malaysian to Construct Three Consolidation Hubs Along Pan Borneo Highway in Sabah

As part of the Malaysian Federal Government’s implementation of the Logistics and Trade Facilitation Masterplan, the Transport Ministry (MOT) is planning to construct at least

Keppel, Facebook and Telin to Build Subsea Cable System

Keppel Telecommunications & Transportation (Keppel T&T), Facebook and Telekomunikasi Indonesia International (Telin) have entered into a joint build agreement to ...

Maspion Partners with DP World and CDPQ to Build Port and Logistics Park

Maspion Group, Indonesia’s leading conglomerate, has recenlty signed a long-term agreement with DP World, the leading provider of smart supply chain logistics and its partner ...

Vantiq and PrimusTech Collaborate on Smart Buildings and Smart Healthcare

US technology company Vantiq has announced a partnership agreement with Singapore-based Primus Tech for the development and deployment of real-time applications that further ...

NT and EEC Collaborating to Launch Thailand’s First 5G Pilot Project in Rayong

State-owned National Telecommunications Public Company Limited (NT) and the Eastern Economic Corridor (EEC), a special economic zone of three provinces in eastern Thailand, ...

Microsoft to Launch First Datacenter Region in Indonesia

Microsoft has announced that it will launch its first datacenter region in Indonesia as part of its Berdayakan Ekonomi Digital Indonesia initiative. The datacenter will ...

Malaysian Government to Work with Google Cloud for Digital Transformation Initiatives in Public Sector

In accordance with Malaysia’s National Digital Economy Blueprint (MyDIGITAL), which was released in February 2021, the Malaysian government has appointed Google Cloud as the ...

Investors Bet on the Da Nang ICT Park

The Trung Nam Group, a professional organization investing in energy, infrastructure, and real estate, has begun work on five factories worth USD 65.2 million at the Da Nang ...

Converge Sets 2021 Capex at PHP 20 billion

Fiber internet provider Converge ICT Solutions Inc. allocated PHP 20 billion (USD 413 million) in capital expenditures this year for its nationwide expansion, up from PHP 16 ...

Green Climate Fund to Accelerate Energy Efficiency Investment in Vietnam

On behalf of the Green Climate Fund (GCF), the World Bank has signed a grant worth USD 11.3 million issued to the State Bank of Vietnam (SBV) to to support energy efficiency ...

Thailand Invests in Electric Vehicles; Attracts US Specialist

Aiming for a zero-carbon future, Thailand is currently developing long-term strategies to present at the 26th session of the United Nations climate change conference (COP26), ...

Republic Cement Partners with Colgate-Palmolive Philippines to Tackle Plastic Waste

Republic Cement, a leading construction solutions provider and Colgate-Palmolive Philippines, makers of leading oral and personal care health and hygiene products, have joined

Malaysian Water Agencies to Begin Water Reclamation Initiative in Malaysia

Malaysian Water Agencies, Air Selangor in Selangor state, and Indah Water Konsortium Sdn Bhd (IWK), a company under the Ministry of Finance have signed a partnership agreement

Keppel Marina East Desalination Plant Officially Opens

Singapore’s fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP), has officially opened. KMEDP is operated by Marina East Water Pte Ltd (Marina East ...

Indonesia to Partner with Germany on Green Infrastructure; Exploring Collaborations with the Netherlands

Indonesia and Germany have launched a strategic partnership to develop green infrastructure in the South East Asian country. The initiative aims to reduce carbon emissions in ...

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