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

Esyms and DHL eCommerce Partner to Enhance Medication Delivery Services in Malaysia

Apr 2025 Malaysia, Healthcare

Esyms, a Malaysian digital health solutions provider and online pharmacy, has entered a strategic partnership with DHL eCommerce to improve the delivery of medications from ...

Midea Malaysia Targets USD 222 million in 2025 Sales with Focus on Energy-Efficient and Smart Home Appliances

Apr 2025 Malaysia, Environment

Midea Malaysia is targeting MYR 1 billion (USD 222 million) in sales for 2025, aiming to sustain its double-digit growth as demand for energy-efficient appliances continues ...

Shell Begins Production from Next Phase of Malaysia’s Deepwater Project

Apr 2025 Malaysia, Energy

Shell, through its subsidiary Sabah Shell Petroleum Company (SSPC), has commenced first oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) ...

Malaysia Launches MADANI Digital Trade Platform to Boost Export Capabilities

Apr 2025 Malaysia, Economy

The Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), has launched ...

Malaysia Aviation Group Orders 30 New Boeing Jets to Modernize Fleet

Apr 2025 Malaysia, Defense/Aerospace

Malaysia Aviation Group (MAG) has confirmed an order for 30 new Boeing aircraft as part of its ongoing fleet renewal program. This strategic move aims to modernize MAG’s ...

Brazil Gains Strategic Market Access in Sarawak, Malaysia for Poultry and Beef Exports

Apr 2025 Malaysia, Agrifood

Brazil has secured a breakthrough in Southeast Asia with new market access to Sarawak, Malaysia, for its poultry and beef exports. The announcement came during the official ...

Singapore-Linked USD 788 Million Development to Rise Near Johor RTS Station

Mar 2025 Singapore, Infrastructure

A mixed-use development worth USD 788 million (MYR 2.6 billion) has been announced for the Bukit Chagar area in Johor Bahru, where the upcoming Johor Bahru-Singapore Rapid ...

Daiichi Sankyo and Terumo Vietnam Collaborate to Enhance Cardiovascular Care

Mar 2025 Vietnam, Healthcare

Terumo Vietnam Medical Equipment Co., Ltd. and Daiichi Sankyo Vietnam Co., Ltd. have signed a Memorandum of Understanding (MoU) to strengthen cardiology expertise in Vietnam. ...

Vietjet Taps AI and Big Data to Drive Sustainable Flight Operations

Mar 2025 Vietnam, Defense/Aerospace, Energy, Environment, ICT

Vietnam’s budget airline Vietjet is taking a bold step into AI-driven operational efficiency by signing a strategic partnership with OpenAirlines, a France-based firm ...

Cai Mep International Terminal Welcomes First Gemini Cooperation Vessel

Mar 2025 Vietnam, Infrastructure

Cai Mep International Terminal (CMIT), located in Ba Ria-Vung Tau province, officially received its first vessel from the WC1/TP6 service under the Gemini Cooperation. This ...

Autoliv’s Airbag Cushion Plant in Vietnam Nears Completion

Mar 2025 Vietnam, Manufacturing

Autoliv, Inc., a global manufacturer of automotive safety systems, is set to commence operations at its newly built airbag cushion manufacturing plant in Quang Ninh province, ...

British Retail Brands Eye Vietnam’s Expanding Market with Trade Deals in Place

Mar 2025 Vietnam, Retail/FMCG

The British Consulate General in Ho Chi Minh City is ramping up efforts to support more British retail brands—especially small and mid-sized businesses—in entering Vietnam’s ...

Coach Expands Coffee Shop Concept with Third Malaysian Outlet

Mar 2025 Malaysia, Retail/FMCG

Luxury leather goods brand Coach is expanding its hospitality venture with the launch of its third Coach Coffee Shop in Malaysia, its first within a commercial mall. ...

ASE Expands Presence in Malaysia with Fifth Semiconductor Facility in Penang

Mar 2025 Malaysia, Manufacturing

Taiwan-based ASE Technology Holding Co Ltd, the world’s largest provider of outsourced semiconductor assembly and testing services, has officially opened its fifth facility ...

Malaysia Sets 2028 Target for National Remote Sensing Satellite Operations

Mar 2025 Malaysia, Infrastructure

The Malaysian Ministry of Science, Technology, and Innovation has announced that the National Remote Sensing Satellite Development Programme (PSPJN) is scheduled to begin ...

Petronas and Partners Drive Next-Gen 5G Solutions with New R&D Lab

Mar 2025 Malaysia, ICT

Malaysia’s state-owned energy giant Petronas, in collaboration with its education arm Universiti Teknologi Petronas (UTP) and TM One, the enterprise solutions arm of Telekom ...

Singapore’s Black Group to Invest USD 74 Million in Medical-Hospitality Facility in Kuala Lumpur

Mar 2025 Malaysia, Healthcare

Singapore-based Black Group Investment Holding is investing USD 74 million to develop a cutting-edge medical and hospitality facility in Kuala Lumpur’s Golden Triangle. The ...

Malaysia’s Selangor State Invests in Water Treatment Plants and Infrastructure

Mar 2025 Malaysia, Environment

The Selangor government is intensifying efforts to secure a sustainable water supply by developing a new water treatment plant (WTP) and enhancing existing infrastructure. ...

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