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
Vietnam to Boost Green Hydrogen Industry, Sets Targets for 2030
Vietnam has announced to implement the Prime Minister’s decision No.165 on the strategy to promote hydrogen until 2030, with a vision to 2050. Accordingly, the country aims ...
Vietnam Introduces New Incentives for Investment into Hi-tech Parks
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive ...
Japanese Specialist Partners with Vietnam’s Environmental Agency for Satellite Sensing Technology
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing ...
Singaporean Specialist Opens the Largest Insect Protein Plant in Vietnam
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) ...
Japanese Confectionery Specialist to Strengthen Chocolate Supply Chain in Indonesia
Chateraise, a Japanese confectionery company, just announced plans to aid local cacao production and strengthen the chocolate supply chain. This initiative aims to enhance ...
French Yeast Manufacturer Opens New Factory in Indonesia
Lesaffre, a French manufacturer specializing in fermentation and microorganisms, recently inaugurated its latest venture in Indonesia: a new manufacturing facility dedicated ...
Recce Pharmaceuticals Forges Strategic Partnership in Indonesia
Recce Pharmaceuticals Limited, known for its innovative synthetic anti-infectives, recently signed a Memorandum of Understanding (MoU) with PT Etana Biotechnologies (Etana), ...
L&T Construction Wins Jakarta MRT Phase 2A Contract
The Railways Strategic Business Group of L&T Construction has recently won a contract to build the Jakarta Mass Rapid Transit (MRT) Project (Phase 2A) for MRT Jakarta. ...
Singaporean Fintech Teams Up with Indonesian Bank for Regional Partnership
Singaporean fintech Helicap Pte Ltd and PT Bank Danamon Indonesia Tbk (Danamon) recently unveiled a strategic alliance geared towards bolstering the fintech and alternative ...
SUEZ Wins Contract for Water Treatment Plant Project in Indonesia
SUEZ, a leading player in water management, recently signed a contract for the Buaran III Water Treatment Plant (WTP) project in Jakarta. The Group will supply key equipment ...
Italian Energy Company Plans to Increase Gas Production while Focusing on Decarbonization Efforts in Indonesia
Italian energy company Eni SpA has presented its proposed expansion of natural gas operations to the Indonesian government and concurrently inked an agreement with the energy ...
Indonesia Broadens Tax Incentives to Stimulate Electric Vehicle Sales
Indonesia has introduced fresh incentives to stimulate the sales of domestically manufactured and imported electric vehicles (EVs), aiming at promoting eco-friendly ...
French and Indonesian Firms Collaborate for Armored Personnel Carrier Development
Texelis, a French vehicle chassis manufacturer, and Sentra Surya Ekajayais (SSE), an Indonesian vehicle manufacturer, have collaborated to design an armored personnel carrier ...
Germany’s President Highlights Sustainable Farming Collaboration with Thailand
Germany’s president, Frank-Walter Steinmeier, recently undertook a state visit to Thailand, where he toured a project in Ubon Ratchathani dedicated to promoting ...
Israel Aerospace Industries and Royal Thai Navy Enter Collaboration Agreement
During Defense and Security Thailand 2023, a leading trade event for the Southeast Asian region, Israel Aerospace Industries (IAI) and the Royal Thai Navy entered a ...
UOB Thailand Collaborates with BOI to Attract High-tech FDI
United Overseas Bank (UOB) Thailand recently forged a strategic alliance with Thailand’s Board of Investment (BOI) to amplify foreign direct investment (FDI) in the country’s ...
Thai and Japanese Oil and Gas Giants Collaborate on CCS Project
PTT Exploration and Production (PTTEP), the Thai oil and gas giant, has joined forces with its Japanese counterpart, Inpex, to initiate a study on the potential for carbon ...
Thailand Promotes Investment Addressing PM2.5 Pollution
The Board of Investment (BOI) of Thailand has just approved measures to promote investments aimed at addressing pollution from fine particulates (PM2.5).
These measures ...
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