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

Indonesia Research Agency to Formulate Nuclear Energy Strategy

The National Research and Innovation Agency (BRIN) is in the process of formulating a strategy to facilitate the establishment of nuclear power plants in Indonesia. The ...

Indonesian Health Special Economic Zone Calls for Investment

State-owned company PT Hotel Indonesia Natour (HIN) has recently called for domestic and international investors to enhance and fortify facilities and services within the ...

Indonesia Strengthens Defense Capabilities with Sikorsky Black Hawks and Boeing F-15EXs

Indonesia has taken significant steps to enhance its defense capabilities. In a strategic move, Indonesia signed a Heads of Agreement (HoA) with Sikorsky for the procurement ...

Indonesia Launches Its First Organic Cheese in Collaboration with Denmark

Indonesia recently celebrated the production of its first locally-made organic cheese. This cheese represents the concrete outcome of a collaborative initiative that ...

Vietnam’s Mekong Delta to Draw Industrial Investment with Critical Infrastructure Projects

The Mekong Delta is set to attract impressive industrial investments to the region through a series of large-scale infrastructure projects. Among these projects, the Vinh ...

Ericsson to Launch Artificial Intelligence Lab in Vietnam

In August 2023, Ericsson and RMIT University signed in the presence of the Swedish and Australian Ambassadors to Vietnam an agreement to launch the RMIT & Ericsson ...

Investors Target Vietnam’s Pharmaceutical Sector Following Free Trade Agreement with the UK

The UK-Vietnam Free Trade Agreement (UKVFTA), along with other new-generation trade agreements, offers Vietnam significant chances to attract more foreign direct investment ...

South Korea Company to Assist Vietnam Tackling Plastic Waste

City Oil Field, a waste recycling firm from South Korea, has recently struck a commercial deal with Vietnam’s largest environmental company BIWASE for recycling waste ...

Vietnam and Singapore to Collaborate on Joint Offshore Renewable Energy Project

During an official state visit of Singapore’s Prime Minister to Vietnam, Petrovietnam Technical Services Corporation (PTSC) and Singapore’s Sembcorp Utilities Pte Ltd were ...

Monocrystalline Wafer Production from Leading Photovoltaics Company Commences in Vietnam

Leading photovoltaics company Trina Solar has started producing 210 mm monocrystalline wafers at its factory in the Vietnamese northern city of Thai Nguyen. The wafers, ...

Finland’s Marimekko Expands to Southeast Asia, Starting with Vietnam and Malaysia

As part of a franchise agreement with the Jaspal Group, the Finnish lifestyle company Marimekko is speeding up its Southeast Asian growth strategy, with the aim of entering ...

Vietnam and Singapore Bolster Framework for Economic Collaboration

In August 2023, Vietnam and Singapore agreed to broaden the scope of their bilateral economic cooperation and inked agreements in several sectors, including the green economy ...

Czech’s AERO Vodochody Ready to Deliver Vietnam’s First L-39NG Trainers

Czech Republic’s AERO Vodochody has finalized the construction of the first serial production L-39NG advanced trainer for the Vietnam Air Force. This aircraft is included in ...

Australia’s Funding Scheme to Facilitate Agritech Innovation in Vietnam

The Innovation Partnership Grants, a funding scheme backed by the Australian government, has recently announced to provide AUD 2 million (USD 1.3 million) to capitalize on ...

Levi Opens Its Largest Store in the Philippines

The American brand Levi is expanding its footprint in Southeast Asian with the opening of its one largest store in the Philippines, located in SM North EDSA, a large shopping ...

US Company to Build the Philippines’ First E-bike Plant

The American Zero Motorcycles has partnered with the manufacturing arm of Filipino conglomerate Ayala Corporation to build the Southeast Asian country’s first high-powered ...

US Company to Develop Dedicated Satellite to the Philippines

San Francisco-headquartered Astranis, which ranks among the world’s leading operators of dedicated communications satellites, has just revealed that it is collaborating with ...

Australian Companies  to Invest in Civil Aviation Complex in the Philippines

It has been recently reported that several companies from Australia are exploring investing in Clark’s civil aviation complex in the Philippines. According to representatives ...

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