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

Thailand Relaxes Tax Rules for Digital Assets  

Thailand has just relaxed tax rules for investments in digital assets. The bid to promote the industry follows a rapid growth in cryptocurrency trading in Southeast Asia's ...

Meralco Allots USD 2.9 Billion for CAPEX in the Next Four Years

Manila Electric Co. (Meralco) is allotting PHP 149.66 billion (USD 2.9 billion) for its capital expenditure (capex) program in the next four years. On a per year basis, ...

SAF to launch Digital and Intelligence Defense as its Fourth Service to Deal with New Threats

The Singapore Armed Forces (SAF) has announced that it plans to launch the Digital & Intelligence Defense as a fourth service by the last quarter of this year to more ...

Next Phase of Vietnam’s Largest International Airport

The next construction phase for Long Thanh International Airport commenced at the end of March 2022. Contractors moved on to the passenger terminal after more than a month of ...

Malaysia’s Retail Sector to Grow by 6.3% in 2022

Malaysia's retail market is predicted to rise by 6.3% in 2022, following the opening of the border on April 1 as part of efforts to restore the country's economy. Major ...

Bluebird Group Implements BlackBerry Cybersecurity Solutions

Bluebird (Bluebird Group), Indonesia's leading taxi operator, is deploying BlackBerry's AI-enabled cybersecurity software and managed Extended Detection and Response (XDR) ...

Elon Musk’s SpaceX to Launch Starlink in the Philippines

Space Exploration Technologies Corp. (SpaceX), the aerospace company of billionaire Elon Musk, will soon be operating in the Philippines and is set to bring high-speed ...

SAF Establishes 4th Service to Defend Singapore’s Digital Domain

The Singapore Armed Forces (SAF) will be setting up a Digital and Intelligence Service (DIS) to strengthen Singapore’s defense against threats in the digital sphere. The ...

Malacca State to Build Undersea Tunnel to Indonesia

The Chief Minister of Malacca State Government, Sulaiman Md Ali, has revealed that the state government intends to build an undersea tunnel for a rail system network to ...

GIZ and Decathlon to Make Vietnam’s Garment and Textile Production Greener

Vietnam's garment and textile industry is striving for the implementation of green production to reduce emissions in response to the Vietnamese government's commitment made ...

Dutch Sustainable Aquaculture Fund Opens Its 1st Overseas Office in Thailand

Dutch company Aqua-Spark, a sustainable aquaculture-focused investment fund, has announced the opening of an office in Bangkok, Thailand, the first outside the Netherlands. ...

Construction of 3 Climate-resilient Bridges in Metro Manila Set to Start Soon

The Philippine government is set to start the construction of three climate-resilient bridges that are designed to decongest Metro Manila’s traffic-heavy areas - the Marcos ...

Cashless Society Possible in the Philippines Within a Decade

New research from global giant payments, Visa, suggested that a fully cashless Philippine society may be possible in less than a decade. This is because more Filipinos are ...

Black & Veatch to Partner with The Green Solutions to Promote Green Energy Production

Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production and supply of green hydrogen and green ammonia in ...

A B2C e-Grocery Platform to Benefit Indonesian Farmers

Farmers across Indonesia stand to benefit from higher income and better access to a market already worth USD 120 billion a year following a successful round of fundraising ...

Kalera Builds First Phase of a Vertical Mega-Farm in Singapore

Kalera, a leader in sustainable indoor vertical farming, has finalized phase one of the construction at the Changi Logistics Centre with the completion of the core structure ...

Fujifilm to Help Establish Malaysia’s First Endoscopy Training Centre

Fujifilm Malaysia, a subsidiary of Japan’s leading camera and photography company, Fujifilm Corporation, has partnered with the University of Malaya Medical Centre (UMMC) to ...

Dyson to Invest USD 1.1 Billion in Singapore over 4 Years

In 2020, global tech and household appliances company Dyson first announced its USD 3.6 billion global investment plan, which would see its investment funds divided between ...

Explore Our Services