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
Singapore’s Tourism Sector Recovers in 2023
In 2023, Singapore’s tourism sector showcased remarkable resilience and recovery, with international visitor arrivals reaching approximately 13.6 million, equivalent to ...
Aerodyne and DroneDash Revolutionize Cross-Border Logistics Between Malaysia and Singapore
Aerodyne Group, a Malaysian drone service provider, and DroneDash Technologies, Singapore’s pre-eminent air mobility infrastructure company, have announced a ...
ECCP and ARTA Forge Partnership for Business Ease in the Philippines
The European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) have formed a partnership aimed at improving the business environment in the ...
Expansion of Marine Tilapia Farming in Singapore
Two additional fish farms, Millenia Farm and Grand Pacific Fishery, have joined pioneer Heng Heng Fish Farm in producing marine tilapia, a resilient and fast-growing food ...
Siam Piwat and Hyundai Department Store Forge a Global Retail Collaboration in Thailand
Siam Piwat Group, a prominent real estate and retail developer in Thailand, has partnered with Hyundai Department Store, the largest department store chain developer in South ...
Malaysia-EU Collaboration on Energy Transition and Water Security
The Malaysian government has pledged to work closely with the European Union (EU) to promote technology transfer for energy transition and bolster water security. This ...
SPMC Unveils First Hybrid Angio-CT Cathlab in Southeast Asia
The Southern Philippines Medical Center (SPMC) in Davao City has recently inaugurated a state-of-the-art hybrid angio-CT catheterization laboratory (cathlab) at its Heart ...
PUB and Partners to Construct World’s Largest Ocean-Based CO2 Removal Plant in Singapore
UCLA and Equatic, in collaboration with PUB, Singapore’s National Water Agency, are embarking on a groundbreaking initiative to combat climate change. Building upon ...
Thai Petrochemical Producer Moves Towards Bio-Based Products Manufacturing and Recycling
PTT Global Chemical Plc (PTTGC), Thailand’s leading petrochemical producer by capacity, is taking significant steps towards manufacturing and recycling bio-based ...
Japan’s Chitose Group to Expand the First Industrial Microalgae Production in Sarawak
Sarawak’s inaugural industrial microalgae production project, known as the Chitose Carbon Capture Central Sarawak (C4 Sarawak), is poised for substantial expansion ...
Philippine Government Okays 23 New Infrastructure Projects
The Philippines’ National Economic and Development Authority (NEDA) Board has approved an additional 23 projects in the list of infrastructure flagship projects (IFPs) ...
Singapore to Upgrade Broadband Network
Singapore’s Infocomm Media Development Authority (IMDA) has committed up to S$100 million to upgrade the Nationwide Broadband Network (NBN), ensuring it remains ...
Thai Insurance Provider Partners with AI Specialist
CamCom, an international company specializing in artificial intelligence (AI) for visual inspection, has formed a strategic alliance with ERGO Insurance Thailand, a ...
UK’s Owen Mumford Inks Agreement for Medical Device Distribution in Southeast Asia
Duopharma Biotech Berhad, through its subsidiary Duopharma Marketing Sdn Bhd, has inked an Exclusive Distributorship Agreement with Owen Mumford, a UK-based medical device ...
Asia’s First Climate-Controlled Tulip Farm Blooms in the Philippines
Phinl Corporation, a Board of Investments (BOI)-registered company, has launched Asia’s first and only fully-contained and computer-controlled indoor hydroponic tulip farm in ...
Vopak Converts Part of Sebarok Terminal in Singapore for Marine Biofuel Blending
Tank storage and critical infrastructure services provider Vopak has successfully commissioned 40,000 cubic meters of capacity at its Sebarok terminal for blending biofuels ...
British Specialist Wins Contract for Intelligent Video Analytics Solution at Thai Medical Institute
Gorilla Technology Group Inc., a British solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, recently announced that ...
EV Infrastructure in Malaysia Advancing Through Blockchain
Malaysian car connectivity solutions provider ACO Tech, in collaboration with blockchain solutions provider Geno and the Malaysia Automotive, Robotics & IoT Institute ...
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