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 Post to Launch a Digital Mailbox by Q3 2023

It has recently been reported that Thailand Post intends to launch a digital mailbox service called Prompt Post by the third quarter of 2023. This is part of a strategy ...

Thailand Partners with the US to Develop Tuberculosis Vaccines

Thailand and the United States will work together on developing a new tuberculosis vaccine, including prototypes using mRNA technology, as Thailand’s competitiveness in ...

Spanish Renewable Specialist Wins Five Wind Projects in Thailand

Spanish renewables company Acciona Energía and its Singapore-based participated company The Blue Circle have just secured a power purchase agreement (PPA) for 436 MW of wind ...

Electricity Generating Authority of Thailand to Spend USD 8.6 Billion on Floating Solar

The Bangkok Post has recently revealed that the Electricity Generating Authority of Thailand (EGAT) is targeting to grow its power generation capacity from floating solar ...

Thailand to Advance Three Free Trade Agreements by 2024

Thailand aims at concluding talks for three free-trade agreements (FTAs) by mid-2024 with the European Free Trade Association (EFTA), Sri Lanka and the United Arab Emirates ...

Japanese Players to Collaborate with Thaicom for Advanced Satellite Data and Monitoring

Enhanced disaster response, environmental monitoring, agricultural productivity and infrastructure planning has been made available to businesses in Thailand thanks to a new ...

Israeli Company Opens First Fruit-Fly Protein Plant in Thailand for Feed

Israel’s Flying Spark has recently announced the opening of its first factory in Thailand, in Petchaburi, which will produce fruit-fly protein. The company wants to expand in ...

Malaysia Sets Up Southeast Asia’s First Centre For 4th Industrial Revolution

The Malaysian Government recently announced the establishment of a Centre for the Fourth Industrial Revolution (C4IR), an independent center within the World Economic ...

Finnish Company Provides Technology for New Elderly Lab in Malaysia

The Malaysian Research Institute on Ageing (MyAgeing) has just launched its Physical Functional Lab, which boasts an advanced rehab and exercise equipment from the Finnish ...

Export Ban on Renewable Energy to Be Lifted in Malaysia

Malaysia has announced that it will remove a ban on exports of renewable energy. This move is part of a wider effort to develop its clean power industry and increase ...

Australian Company Wins Malaysia’s First Carbon Capture and Storage Project

Australian engineering company Worley has been awarded a contract by Malaysia Marine & Heavy Engineering to provide engineering design services for Petronas’ mega carbon ...

Malaysia’s Millionaires to Double by 2027

According to the latest report by property consultancy Knight Frank, the number of Malaysians with at least USD 1 million in wealth is set to nearly double from over 85,000 ...

Malaysia Emerging as MRO Hub with Purchase of South Korean’s FA-50 Fighter Jets

Analysis have recently highlighted how Malaysia’s decision to purchase 18 FA-50 Block 20 "Fighting Eagle” light combat aircraft represents a building block for the country’s ...

Japanese Dairy Giant and Agrocorp to Open Pea Protein Plant in Malaysia

It has been announced that Japanese dairy giant Megmilk Snow Brand is partnering with Singaporean global agrifood supplier Agrocorp International to produce and distribute ...

Indonesia’s Coffee Industry Attracts Foreign Investors and Sees Emergence of Local Champions

Indonesia’s dynamic coffee industry has recently witnessed some interesting developments. Tech-enabled coffee chain Flash Coffee recently closed its series B round ...

British Consortium to Invest USD 9 Billion in Indonesia

Reuters recently reported that a British consortium that includes mining giant Glencore is set to invest about USD 9 billion in Indonesia's mining and electric vehicle (EV) ...

Key Players Join Forces to Unlock Indonesia’s Modern Warehouse Investment Opportunities

Indonesia Investment Authority (INA), asset manager ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged in real estate ...

Nokia and Indosat spearhead Indonesia’s Digital Vision with Network Consolidation

Finnish multinational telecommunications, information technology, and consumer electronics corporation Nokia recently announced that it has partnered with Indonesia’s ...

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