Business News

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in South East Asia

Monthly Business News to Help You Understand the Market

ASEAN Aims to Eliminate Transboundary Haze by 2020

ASEAN’s Sub-regional Ministerial Steering Committee (MSC) on Transboundary Haze Pollution, comprising Brunei Darussalam, Indonesia, Malaysia, Singapore and Thailand, reached a

USD 5.4 Billion to be Invested in Second Phase of Jakarta MRT

PT MRT Jakarta is planning to extend the Mass Rapid Transit (MRT) track over the next seven years. The total investment needed is estimated to be USD 5.40 billion.  The first

US Company Wins Monitoring Solutions Contract from Indonesian Satellite Operator

Pasifik Satelit Nusantara (PSN) Consortium, led by Indonesian satellite operator PSN, has selected San Diego-based Kratos security solutions provider, Defense & Security ...

Plans to Build A Second Airport in Bali

Indonesia plans to build a second airport in Bali located in the northern village of Kubutambahan, Buleleng Regency. The proposed international airport will cater to budget ...

PAL Indonesia Signs Agreement with ThorCon to Build Nuclear Reactor

Indonesian state-owned company, PT PAL Indonesia, which manufactures ships for military and civilian use, has signed an agreement with Thorcon International Pte Ltd, for a ...

New Indonesian Regulation Provides Incentives for EV Industry

On 5 August 2019, Indonesia's President Joko Widodo signed presidential regulation (Perpres) on electric vehicles (EVs) to provide government support in order to promote the ...

Indonesia Preparing Cross Border E-Commerce Regulation

The Indonesian government is preparing a cross border e-commerce regulation with the aim of controlling the flow of imported goods in the market. Currently, the government is ...

Indonesia Exploring Waste-To-Energy Plants to Address Waste Issue

The Indonesian government is looking to build waste-to-Energy plants in four cities - Jakarta, Surabaya, Bekasi and Solo - this year as an effort to solve the country’s ...

DKSH Partners with Tokopedia for Consumer Goods Distribution in Indonesia

DKSH Business Unit Consumer Goods, through its Indonesian partner Wicaksana, has partnered with e-commerce giant, Tokopedia, to distribute consumer goods on the ...

Agreement Signed for Medical Blockchain Project in Batam, Indonesia

Batam Development Authority (BP Batam), BP Batam Hospital and healthcare blockchain company, dClinic signed an agreement on 26 July 2019 creating BMB (Batam Medical ...

Vinpearl Air: New Player in Vietnam Aviation Market

Vinpearl Air JSC, whose former name is VinAsia Trade Development and Services JSC, has been granted a business license by the Hanoi Department of Planning and Investment, ...

Vietnam’s Exports Rise by 7.2% Y-O-Y During 1H2019

According to the General Department of Customs of Vietnam, for the first six months of 2019 Vietnam has a trade surplus of USD 1.59 billion. Exports during this period ...

More Electronics Firms Eye Vietnam for New Manufacturing Facilities

A subsidiary of the Foxconn Technology Group, the world’s largest electronics contract manufacturer, is studying the feasibility of building a TV screen assembly plant in the ...

Japanese Investment in Vietnam’s Infrastructure Surges

Since the launch of Japanese Partnership for Quality Infrastructure Initiative, total investment from Japan in Vietnam’s Infrastructure including completed and pending ...

HPV Vaccination Program to be Rolled Out in Vietnam

On 24 July in Hanoi, the Ministry of Health, the United Nations Population Fund (UNFPA) and the US-based pharmaceutical company Merck Sharp & Dohme (MSD) signed an agreement ...

Ho Chi Minh City Collaborates with UK for Smart Ticket System

On July 17, Ian Gibbons, Consul General of the UK in Ho Chi Minh City (HCMC) and Le Hoa Binh, director of the municipal Department of Construction for HCMC signed a Memorandum

Central Group to Spend USD 30 Million on Vietnam Supermarket Business

Central Group, the Thai retail giant is directing efforts to expand its supermarket chain Big C in Vietnam. The Central Group has made plans to build new shopping malls and ...

Battery-Powered Public Transport Vehicles Introduced in Hoi An

The city of Hoi An in Vietnam has introduced 30 battery-powered cars as part of the city authority's efforts to go green. These cars are being used to carry local residents ...

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