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
PSA Breaks Ground on Advanced Supply Chain Hub at Tuas
PSA Singapore has launched the construction of the PSA Supply Chain Hub @ Tuas (PSCH), a two million-square-foot facility designed to transform logistics and supply chain ...
OpenAI Establishes New Regional Hub in Singapore
OpenAI, known for its development of generative artificial intelligence technologies like ChatGPT, is set to open its second Asian office in Singapore in late 2024. This new ...
Singapore Advances AI and Genomics in Public Healthcare
The Singapore Government has announced an SGD 200 million (USD 149 million) investment over five years to enhance the use of artificial intelligence (AI) tools and genomics ...
EMA Launches Grant Call to Explore Carbon Capture and Storage in the Power Sector
The Energy Market Authority (EMA) has initiated a Grant Call to support feasibility studies for carbon capture and storage (CCS) in Singapore’s power sector. Targeting ...
Singapore Seeks Proposals on Regulatory Sandbox for Virtual Power Plants
Singapore is advancing its efforts to harness distributed energy resources (DERs) through a Consultation Paper and Call for Regulatory Sandbox Proposals, launched by the ...
Singapore’s M&A Market Sees Significant Growth in 2024
Singapore’s position as a regional hub for mergers and acquisitions (M&As) continues to strengthen, with deal values surging in 2024. According to data from the ...
Air New Zealand Undertakes Major Retrofit of Boeing 787-9 Fleet in Singapore
Air New Zealand has embarked on an ambitious project to modernize its Boeing 787-9 Dreamliner fleet. The first of 14 aircraft arrived in Singapore on October 14th, 2024, to ...
International Collaborations Support Singapore’s 30 by 30 Food Security Initiative
In an ambitious move to bolster Singapore’s food security and technological expertise in agriculture, local farms are increasingly engaging in international ...
Ireland Grows Meat and Dairy Exports to Thailand and Vietnam
Ireland’s Minister of State at the Department of Agriculture, Food and the Marine, Senator Pippa Hackett, recently concluded a trade mission to Thailand and Vietnam, focused ...
Royal Thai Air Force Strengthens Partnership with German Manufacturer
The Royal Thai Air Force (RTAF) has reinforced its partnership with German weapon manufacturer Diehl Defence through a recent agreement focused on the technical and ...
Investment in Thailand Reaches 10-year Peak, Driven by Electronic Manufacturing and Data Center Projects
The Thailand Board of Investment (BOI) reported a 42% year-on-year increase in investment promotion applications in the first nine months of 2024, reaching a value of THB ...
Thailand Plans to Increase Solar Power Purchases from Households
Thailand’s energy authorities are exploring options to increase solar power purchases from households as part of efforts to boost clean energy adoption and support rooftop ...
Envicco Launches Plastic Waste Recovery and Recycling Project in Thailand
Envicco, a joint venture established by PTT Global Chemical, has initiated a plastic waste recovery and recycling project recognized for its potential to significantly reduce ...
Google to License AI Model for Detecting Diabetic Retinopathy in Thailand
Google has announced the licensing of its AI model for detecting diabetic retinopathy in Thailand, where the shortage of eye specialists limits access to essential screening ...
Italian Company Brings Advanced Monitoring Technologies to Thailand’s Railways
The Italian infrastructure monitoring leader Nplus, part of the Giordano Riello International (GRIG) group, has signed an agreement in Bangkok with Thailand’s Railway ...
Google Invests USD 1 Billion in Thailand, Building a Data Center and Supporting AI Growth
Google announced a USD 1 billion investment into Thailand’s digital infrastructure, focused on building its first Thai data center in Chonburi and expanding cloud ...
German Automotive Parts Manufacturing Company Expands Tire Plant in Thailand
German automotive parts manufacturing company Continental is expanding its tire plant in Rayong, Thailand, increasing production by three million units per year through a EUR ...
French Association Launches Promotional Campaign for French Apples in Thailand
Interfel, the French fresh fruit and vegetable association, is launching a new promotional campaign for French apples in Thailand in December 2024, following a year of ...
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