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

Mambu Enables Tyme Group to Boost Digital Banking in the Philippines

Newly launched Filipino bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve ...

Vinmec Times City Joins Cleveland Clinic’s Partner Network

It was jointly announced by Cleveland Clinic and Vinmec Health System that Vinmec Times City International Hospital has joined the network of Cleveland Clinic ...

Thai Startup HD Brings the Sharing Economy Model to Healthcare Sector

Thai startup HD is making the headlines for applying the sharing economy model in Southeast Asia's healthcare sector. The startup offers a platform that helps three parties ...

IOH Completes Network Integration in Jabodetabek with Ericsson

Indosat Ooredoo Hutchison (IOH) has announced that it is on its way to completing a nationwide network integration using Multi Operator Core Network (MOCN) technology to ...

Japanese Firms Enter Durian Cultivation in Malaysia

PLS Plantations’ 51%-owned unit PLS LESB has entered into an of agreement with Millennium Agriculture Technology Sdn Bhd (MAT) and its parent, MyFarm Inc Japan. The parties ...

Singapore Moves to Improve Air Traffic Management

Singapore is planning to implement a new air traffic management (ATM) system in the latter half of the decade to manage the projected increase in flights and reduce delays. ...

Demand for Pet Food Soaring in the Philippines

Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the ...

Apple Supplier BOE Technology Invests in Vietnam

BOE Technology Group, a Chinese display maker and a supplier to both Apple Inc and Samsung Electronics, intends to invest up to USD 400 million to develop two factories in ...

Thailand Inaugurates First Digital Free Trade Hub

Thailand has inaugurated its first digital free trade hub as part of a collaboration with Alibaba aimed at enhancing the logistics and e-commerce sectors. The hub is a free ...

EOTECH to Supply Holographic Weapon Sights to Indonesian Army

Known as the Tentara Nasional Indonesia (TNI), the Indonesian Military has selected American company EOTECH’s Holographic Weapon Sight (HWS) and magnifier for use by the ...

PAAB allocates MYR 1 Billion for Water Piping System

Pengurusan Aset Air Bhd (PAAB) allocates approximately MYR 1 billion each year to maintain and upgrade water piping systems throughout Peninsular Malaysia, according to Abdul ...

Singapore Ideal for Startups and Venture Capital in Asia

Looking ahead at Singapore's economy for 2023, there is a reason for optimism in the tech startup scene, especially for early-stage, deep tech companies and investors. While ...

French Company Chooses Thailand for its Second Biobased Organic Acids Plant

AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular ...

General Atlantic Invests in Indonesian Dairy Company

US private equity firm General Atlantic has invested USD 130 million in PT Cisarua Mountain Dairy Tbk, an Indonesian dairy and food products company. Cimory has been in ...

HCMC Seaport System Requires More Effective Mechanisms

The investment in the USD 6 billion international transshipment port in Ho Chi Minh City (HCMC) is said to be confirmed while waiting for the Ministry of Planning and ...

Gov’t Reveals 2023 Priorities for the Power Sector

The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply ...

Thailand to Launch Its First Satellite as Part of Cooperation with the UK

Thailand’s first satellite for earth exploration is being prepared for a launch scheduled for early 2023. It was recently reported that the Theos-2 satellite is currently ...

Davao City Builds Its Second Public Hospital

The Davao City government in partnership with University of the Philippines (UP) is building the Davao City Public Hospital (DCPH) which is targeted to operate in three years ...

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