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
Protein Derived from Air Debuts in Singapore
In late May 2023, Solein, the sustainable protein developed by Finnish Tech Food company Solar Foods, underwent its first official tasting in Singapore, half a year after the ...
Thailand Registers Growing Investment in Factories, Focuses on Green Segments
The Bangkok Post has recently reported that Thailand’s Industry Ministry has estimated that the Southeast Asian country built or expanded 1,211 factories during the first ...
Japanese Furniture Retailer Giant Expanding to Thailand
It has recently been announced that a flagship store for Japanese furniture and home furnishings giant Nitori will be opened by Thai real estate company Central Pattana at ...
The First Ever 3D Printed Medical Center Completed in Thailand with Danish Technology
Siam Cement Group (SCG), the largest and the oldest cement and building material company in Thailand and Southeast Asia, has recently revealed the successful completion of ...
Thailand Post to Launch a Digital Mailbox by Q3 2023
It has recently been reported that Thailand Post intends to launch a digital mailbox service called Prompt Post by the third quarter of 2023.
This is part of a strategy ...
Thailand Partners with the US to Develop Tuberculosis Vaccines
Thailand and the United States will work together on developing a new tuberculosis vaccine, including prototypes using mRNA technology, as Thailand’s competitiveness in ...
Spanish Renewable Specialist Wins Five Wind Projects in Thailand
Spanish renewables company Acciona Energía and its Singapore-based participated company The Blue Circle have just secured a power purchase agreement (PPA) for 436 MW of wind ...
Electricity Generating Authority of Thailand to Spend USD 8.6 Billion on Floating Solar
The Bangkok Post has recently revealed that the Electricity Generating Authority of Thailand (EGAT) is targeting to grow its power generation capacity from floating solar ...
Thailand to Advance Three Free Trade Agreements by 2024
Thailand aims at concluding talks for three free-trade agreements (FTAs) by mid-2024 with the European Free Trade Association (EFTA), Sri Lanka and the United Arab Emirates ...
Japanese Players to Collaborate with Thaicom for Advanced Satellite Data and Monitoring
Enhanced disaster response, environmental monitoring, agricultural productivity and infrastructure planning has been made available to businesses in Thailand thanks to a new ...
Israeli Company Opens First Fruit-Fly Protein Plant in Thailand for Feed
Israel’s Flying Spark has recently announced the opening of its first factory in Thailand, in Petchaburi, which will produce fruit-fly protein. The company wants to expand in ...
Malaysia Sets Up Southeast Asia’s First Centre For 4th Industrial Revolution
The Malaysian Government recently announced the establishment of a Centre for the Fourth Industrial Revolution (C4IR), an independent center within the World Economic ...
Finnish Company Provides Technology for New Elderly Lab in Malaysia
The Malaysian Research Institute on Ageing (MyAgeing) has just launched its Physical Functional Lab, which boasts an advanced rehab and exercise equipment from the Finnish ...
Export Ban on Renewable Energy to Be Lifted in Malaysia
Malaysia has announced that it will remove a ban on exports of renewable energy. This move is part of a wider effort to develop its clean power industry and increase ...
Australian Company Wins Malaysia’s First Carbon Capture and Storage Project
Australian engineering company Worley has been awarded a contract by Malaysia Marine & Heavy Engineering to provide engineering design services for Petronas’ mega carbon ...
Malaysia’s Millionaires to Double by 2027
According to the latest report by property consultancy Knight Frank, the number of Malaysians with at least USD 1 million in wealth is set to nearly double from over 85,000 ...
Malaysia Emerging as MRO Hub with Purchase of South Korean’s FA-50 Fighter Jets
Analysis have recently highlighted how Malaysia’s decision to purchase 18 FA-50 Block 20 "Fighting Eagle” light combat aircraft represents a building block for the country’s ...
Japanese Dairy Giant and Agrocorp to Open Pea Protein Plant in Malaysia
It has been announced that Japanese dairy giant Megmilk Snow Brand is partnering with Singaporean global agrifood supplier Agrocorp International to produce and distribute ...
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