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’s New Strategies to Attract Foreign Investors

Foreign investment soared by 56% to THB 129 billion (USD 3.9 billion) in value in 2022, with Japan topping the list in terms of budget to develop businesses in Thailand. ...

Princeton Digital to Invest USD 1 Billion for Data Center Campuses in Malaysia and Indonesia

Princeton Digital Group has allocated USD 1 billion to construct new data centers to support its operations in Southeast Asia, emphasizing the continued demand for ...

Bucher Emhart Glass to Build USD 24 Million Manufacturing Facility in Johor

Bucher Emhart Glass, a subsidiary of Swiss-listed global technology, engineering and manufacturing group Bucher Industries AG will construct a new manufacturing facility ...

GenScript Expands Footprint in Singapore

GenScript Biotech Corporation, a leading provider of life-science research tools and services, announced the expansion of its Singapore facility to provide a premium gene ...

Improved PH Connectivity is Seen Through an Undersea Cable System

The Philippine fiber internet provider Converge ICT Solutions Inc. has vowed to provide greater internet speed in the country after the inauguration of the Bifrost Cable ...

Vietnamese Operator Hai An Forms Joint Venture with Israeli Carrier Zim

Vietnamese feeder operator Hai An is launching a joint venture called Lotus Link with Israeli carrier Zim to transport Vietnamese exports from the ports of Ho Chi Minh, ...

Thailand Collaborates with South Korea for the Construction of a Spaceport

South Korea and Thailand have agreed to collaborate on a project involving the construction of a spaceport in the Southeast Asian country. The Yonhap news agency revealed ...

Indonesia Launches National Strategy on Agriculture Digitalization

FAO, in collaboration with the Ministry of Agriculture (MoA)’s Data and IT Center (Pusdatin), launched an agricultural digitization strategy in Indonesia. The national ...

Malaysian Insect Producer First from Southeast Asia to Access EU and UK Markets

Nutrition Technologies, a manufacturer and supplier of sustainable animal feed ingredients and biofertilizers, has been granted permission by Malaysia's Ministry of ...

Mangata Networks Announces New Maritime Headquarters and Infrastructure R&D Centre in Singapore

Mangata Networks, an innovative satellite-enabled network and edge cloud computing services company, has established Singapore as the location for its Maritime Global ...

Continued Infrastructure Development Momentum in Mindanao

The Department of Public Works and Highways (DPWH) is intensifying infrastructure development in Mindanao. Phase 1 of 'Improving Growth Corridors in Mindanao Road Sector ...

Vietnam Strengthens Partnership in Cancer Research with Belgium

A seminar on life science and health in Vietnam was co-hosted by the Belgian Vietnamese Alliance (BVA) and IBA, a leading Belgian company in particle accelerator technology ...

Kubota Betting on the Thai Smart Farming Market

Japanese tractor manufacturer Kubota has recently made the headlines for having developed an app designed for the Southeast Asian market that allows the monitoring of smart ...

Indonesian Air Force Receives First C-130J-30 Super Hercules Delivery

The Indonesian Air Force (IDAF) received the first of five C-130J-30 Super Hercules tactical airlifters from Lockheed Martin, ushering in a new era of Hercules operations for ...

Oliver Healthcare Packaging to Establish its Largest Regional Facility in Malaysia

Oliver Healthcare Packaging, a global US-headquartered healthcare firm, announced plans to establish a new 122,000-square-foot manufacturing facility in the state of Johor in ...

Singapore to Enhance Electricity Grid to Meet Growing Demand and Support Renewable Energy Use

Singapore is aiming to improve its electrical grid to not only facilitate its transition towards more environmentally-friendly energy but also to meet the growing demand ...

Philippine DoE, UK Exploring Offshore Wind Collaboration

The Philippines and the UK are currently exploring offshore wind collaboration. As part of the collaboration, on February 13-17, 2023, the UK Government’s Department for ...

Vietnam Advances Its Space Exploration Industry

Since 2007, Vietnam has been producing small satellites and has made significant progress in this field, despite being a newcomer to the space race. The country has ...

Explore Our Services