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

KKH Pioneers Singapore’s First Specialized Pediatric Burn Center
Singapore’s KK Women’s and Children’s Hospital (KKH) has inaugurated the nation’s inaugural specialized pediatric burn center, designed to deliver ...

Singapore Sets Aside 300 Hectare on Jurong Island to Power Its Low-Carbon Future
Singapore’s Jurong Island, a key hub for energy and chemicals production, has earmarked about 300 hectares, equivalent to 10% of its total land area, for the ...

Singapore, Chile, and New Zealand Initiate Negotiations for Green Economy Trade Agreement
Singapore, Chile, and New Zealand have kicked off formal negotiations for the Green Economy Partnership Agreement (GEPA), a pact aimed at harmonizing trade rules to boost ...

Singapore’s MAS Unveils USD 11.2 Million Grant to Propel Financial Firms into Carbon Trading
The Monetary Authority of Singapore (MAS) has introduced an SGD 15 million (about USD 11.2 million) Financial Sector Carbon Market Development Grant to galvanize banks, ...

Singapore and Australia Bolster Defence Partnership for Mutual Access and Tech Collaboration
Singapore and Australia have elevated their longstanding defence relationship by signing a Memorandum of Understanding (MoU) that expands military access, joint research, and ...

Japfa Establishes AI and Quantum Computing Center in Singapore
Singapore-based Japfa Ltd., a player in Asia’s agri-food sector renowned for supplying essential proteins to millions, has officially launched its Artificial ...

Japan’s Animate to Open First Permanent Store and Themed Cafe in Kuala Lumpur
Japan’s leading anime merchandise retailer, Animate, is set to expand its footprint in Southeast Asia with the opening of its first permanent store in Malaysia, accompanied ...

Taiwan Electronic Component Manufacturer Opens USD 103 Million Advanced Facility in Malaysia
Taiwanese electronic component manufacturing firm, Ichia Technologies has officially opened its second manufacturing facility in Malaysia, marking a major expansion of its ...

Malaysia Invests USD 80 million on Perlis Inland Port to Strengthen China–Asean Rail Connectivity
Malaysia is advancing its MYR 370 million (USD 80 million) Perlis Inland Port (PIP) project as part of a broader strategy to capture high-value, long-haul freight and ...

Malaysia Launches International Blockchain Organization to Strengthen Web3 and Digital Economy Leadership
Malaysia has officially launched the International Blockchain Organization (Malaysia) (IBO Malaysia), marking a key step in advancing the country’s blockchain capabilities ...

HMI Medical to Develop New 300-Bed Specialist Hospital in Kuching, East Malaysia
Singapore-headquartered healthcare group, HMI Medical, has signed a Memorandum of Agreement with Sarawak-based developer Ibraco Berhad to acquire land for the construction of ...

Malaysia Boosts Rice Output with USD 582 Million Support, Major Infrastructure Pipeline
Malaysia has allocated MYR 2.62 billion (USD 582 million) under Budget 2026 to reinforce food security through record support for paddy farmers, covering subsidies for ...

Selangor Sets Sights on Becoming Asia’s Top Five Drone Technology Player
Selangor, one of Malaysia’s largest state economies, is accelerating efforts to solidify its role as the country’s leading aerospace and aviation hub, with ambitions to ...

Malaysian BNPL Paydibs Partners with AhaPay to Expand Access Across Malaysia
Paydibs, a Malaysia-based payment solutions provider, has entered into a strategic partnership with AhaPay, a fintech firm backed by Fingular, to integrate Buy Now Pay Later ...

Malaysia Oil Giant Unveils CEFORE, a First-of-Its-Kind Offshore Renewable Energy Model
PETRONAS has launched the Centre for Offshore Renewable Energy (CEFORE), an integrated offshore facility combining wind, solar, and wave energy with on-site storage and ...

ATLAS Vending, SW Corp Boost Recycling Drive With 50 New ECOPODS
Singapore-based ATLAS Vending and the Solid Waste Management Corporation (SW Corp), a Malaysian government tasked to administer solid waste and public cleansing management ...

Vietnam – Australia Partnership Advances Sustainable Rice Value Chain in Mekong Delta
Vietnamese Ambassador to Australia Pham Hung Tam met with Anthony McFarlane, Communications Director of Australia’s SunRice Group, in Canberra on October 29 to review ...

Vietjet Finalizes Major Orders for 100 Airbus Jets and 40 Rolls-Royce Engines
Vietnam’s Vietjet has firmed up multi-billion-dollar aircraft and engine deals with Airbus and Rolls-Royce as the carrier accelerates its fleet expansion strategy. The ...
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