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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

Australia’s EXAL Group and Solarvest Partner to Advance Clean Energy in Malaysia

Mar 2025 Malaysia, Energy

Australia’s property developer EXAL Group has partnered with Malaysia’s publicly listed clean energy company, Solarvest Holdings Berhad, to incorporate sustainable energy ...

Malaysia Secures Record of USD 80 Billion in Approved Investments for 2024

Mar 2025 Malaysia, Economy

Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong ...

UAE’s EDGE Group Expands Collaboration with Malaysia’s Ketech Asia on CAR 816 Rifle

Mar 2025 Malaysia, Defense/Aerospace

UAE-based EDGE Group has expanded its collaboration with Malaysian defense firm Ketech Asia, an advanced ammunition manufacturer and firearms solutions provider, to enhance ...

Malaysia’s Pahang State Government Strengthens Agricultural Ties with Australia Through Six MoUs

Mar 2025 Malaysia, Agrifood

The Pahang state government in Malaysia has formalized six memorandums of understanding (MoUs) with key Australian agricultural industry players. These agreements encompass ...

Polish Apples Make Their Debut in Indonesia

Mar 2025 Indonesia, Agrifood

The first shipment of Polish apples has officially entered Indonesia, marking a significant milestone for Poland, the world’s third-largest apple producer. According to the ...

Korea Aerospace Industries to Provide Training and Hire Indonesian Workers

Mar 2025 Indonesia, Defense/Aerospace

Korea Aerospace Industries Ltd. (KAI) has signed a memorandum of understanding (MoU) with Indonesian company Prima Duta Sejati to train and recruit Indonesian workers for the ...

Indonesia Greenlights Establishment of Second Sovereign Investment Fund

Mar 2025 Indonesia, Economy

Indonesia’s parliament has approved the creation of a new sovereign investment fund aimed at overseeing key state-owned enterprises (SOEs) and generating capital for domestic ...

UAE’s Masdar Expands Renewable Energy Partnership with Indonesia

Mar 2025 Indonesia, Energy

The Indonesian Coordinating Minister of Economic Affairs announced that the UAE’s state-owned energy company, Masdar, has agreed to enhance investment cooperation in ...

IBC to Establish EV Battery Recycling Plant by 2031 to Support Nickel Sustainability

Mar 2025 Indonesia, Environment

Indonesia Battery Corporation (IBC) plans to establish an electric vehicle (EV) battery recycling plant by 2031 to promote nickel sustainability and support green energy ...

Indonesia and Saudi Arabia Sign MoU to Enhance Cooperation in the Health Sector

Mar 2025 Indonesia, Healthcare

The health ministries of Indonesia and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen collaboration in healthcare, focusing on human resource ...

Swiss Fintech Company Expands APAC Presence with New Office in Indonesia

Mar 2025 Indonesia, ICT

Switzerland-based fintech company additiv has announced the launch of its new office in Jakarta, Indonesia, as part of its expansion in the Asia-Pacific region. According to ...

Indonesian Logistics Specialist Invests in Fleet Expansion to Strengthen Port Operations

Mar 2025 Indonesia, Infrastructure

Sinarmas LDA Maritime (SLM), an Indonesian shipowner and logistics provider, is aggressively expanding its fleet to bolster its domestic maritime operations. With a ...

RoClean Indonesia Enters Indonesia’s Oil Spill Response Industry

Mar 2025 Indonesia, Manufacturing

RoClean Indonesia, a joint venture between Denmark’s DESMI RoClean A/S and Indonesia’s PT Meredian Khatulistiwa, has entered Indonesia’s oil spill response equipment ...

Kao’s Sensai Expands in Asia with First Store in Indonesia

Mar 2025 Indonesia, Retail/FMCG

Kao Corporation has expanded its presence in Asia with the launch of its first Sensai store in Indonesia. The Japanese beauty brand’s debut counter opened in February 2025 at ...

Thailand Launches AI-powered IoT-based Smart Agriculture Platform

Mar 2025 Thailand, Agrifood, ICT

Thailand has introduced a smart farming platform, “HandySense B-Farm,” which integrates artificial intelligence (AI), the Internet of Things (IoT), and smart sensors to ...

Sweden’s Syre Group Plans Major Polyester Recycling Investment in Vietnam

Mar 2025 Vietnam, Environment

Sweden’s Syre Group has unveiled plans to invest between USD 700 million and USD 1 billion in a high-tech polyester fiber recycling facility in Binh Dinh province, central ...

Vietnam Revives Nuclear Energy Plans with Ninh Thuan Power Project

Mar 2025 Vietnam, Energy

Vietnam is accelerating its nuclear energy ambitions to complete the construction of two nuclear power plants in Ninh Thuan province by 2030. The Ninh Thuan nuclear power ...

Vietnam and New Zealand Strengthen Economic Collaboration

Mar 2025 Vietnam, Economy

Vietnam and New Zealand have elevated their bilateral ties by signing a Comprehensive Strategic Partnership agreement, marking a significant step in strengthening economic ...

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