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

Malaysia-EU Collaboration on Energy Transition and Water Security

The Malaysian government has pledged to work closely with the European Union (EU) to promote technology transfer for energy transition and bolster water security. This ...

SPMC Unveils First Hybrid Angio-CT Cathlab in Southeast Asia

The Southern Philippines Medical Center (SPMC) in Davao City has recently inaugurated a state-of-the-art hybrid angio-CT catheterization laboratory (cathlab) at its Heart ...

PUB and Partners to Construct World’s Largest Ocean-Based CO2 Removal Plant in Singapore

UCLA and Equatic, in collaboration with PUB, Singapore’s National Water Agency, are embarking on a groundbreaking initiative to combat climate change. Building upon ...

Thai Petrochemical Producer Moves Towards Bio-Based Products Manufacturing and Recycling

PTT Global Chemical Plc (PTTGC), Thailand’s leading petrochemical producer by capacity, is taking significant steps towards manufacturing and recycling bio-based ...

Japan’s Chitose Group to Expand the First Industrial Microalgae Production in Sarawak

Sarawak’s inaugural industrial microalgae production project, known as the Chitose Carbon Capture Central Sarawak (C4 Sarawak), is poised for substantial expansion ...

Philippine Government Okays 23 New Infrastructure Projects

The Philippines’ National Economic and Development Authority (NEDA) Board has approved an additional 23 projects in the list of infrastructure flagship projects (IFPs) ...

Singapore to Upgrade Broadband Network

Singapore’s Infocomm Media Development Authority (IMDA) has committed up to S$100 million to upgrade the Nationwide Broadband Network (NBN), ensuring it remains ...

Thai Insurance Provider Partners with AI Specialist

CamCom, an international company specializing in artificial intelligence (AI) for visual inspection, has formed a strategic alliance with ERGO Insurance Thailand, a ...

UK’s Owen Mumford Inks Agreement for Medical Device Distribution in Southeast Asia

Duopharma Biotech Berhad, through its subsidiary Duopharma Marketing Sdn Bhd, has inked an Exclusive Distributorship Agreement with Owen Mumford, a UK-based medical device ...

Asia’s First Climate-Controlled Tulip Farm Blooms in the Philippines

Phinl Corporation, a Board of Investments (BOI)-registered company, has launched Asia’s first and only fully-contained and computer-controlled indoor hydroponic tulip farm in ...

Vopak Converts Part of Sebarok Terminal in Singapore for Marine Biofuel Blending

Tank storage and critical infrastructure services provider Vopak has successfully commissioned 40,000 cubic meters of capacity at its Sebarok terminal for blending biofuels ...

British Specialist Wins Contract for Intelligent Video Analytics Solution at Thai Medical Institute

Gorilla Technology Group Inc., a British solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, recently announced that ...

EV Infrastructure in Malaysia Advancing Through Blockchain

Malaysian car connectivity solutions provider ACO Tech, in collaboration with blockchain solutions provider Geno and the Malaysia Automotive, Robotics & IoT Institute ...

ASE Acquires Semiconductor Packaging & Testing Factory in the Philippines

The US has announced its plans to invest more than USD 1 billion in the Philippines’ tech sector to double the number of semiconductor factories in the country. While the ...

Singapore’s MINDEF to Acquire 8 New F-35As

The Ministry of Defence (MINDEF) is acquiring eight new F-35As, in addition to 12 F-35Bs, which have been bought and announced previously. Designed for greater endurance and ...

FedEx Expands Dangerous Goods Logistics Solutions in Thailand

FedEx has broadened its one-stop-shop (OSS) logistics services catering to dangerous goods in Chiang Mai and Lamphun, Thailand, a move poised to benefit local enterprises in ...

American Early Childhood Learning Brand Launches in Singapore

Lovevery, the global early childhood brand, has announced the launch of its early learning program, The Play Kits,  in Singapore. The latest APAC expansion comes one year ...

Italian Braking Systems Specialist Constructs Factory in Thailand

Brembo, an Italian company leader in braking systems, just commenced construction of its first production site in Thailand. The investment, totaling approximately EUR 40 ...

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