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

Vietnam Opens LEO Satellite Market to Foreign Investment

Mar 2025 Vietnam, Defense/Aerospace

Vietnam has taken a major step in advancing its telecommunications infrastructure by approving a pilot program that allows foreign investors to participate in Low Earth Orbit ...

Brazil Expands Poultry Exports to Vietnam with New Market Openings

Mar 2025 Vietnam, Agrifood

Brazil has strengthened its presence in the Vietnamese market by securing approval for the export of chicken offal and resuming sales of chicken feet. The Brazilian Animal ...

Luxury Second-Hand Fashion Market Booms in Thailand

Mar 2025 Thailand, Retail/FMCG

Thai retailers are increasingly entering the growing market for second-hand luxury fashion, driven by the global sustainability movement. The market is expected to see annual ...

Austrian Packaging and Recycling Specialist Expands in Thailand

Mar 2025 Thailand, Manufacturing

ALPLA, a global leader in packaging and recycling from Austria, has expanded its presence in the Asia-Pacific region by opening a new plant in Chachoengsao, Thailand. This ...

Thailand Outlines Plan to Become ASEAN’s Logistics Hub

Mar 2025 Thailand, Infrastructure

The Thai government has unveiled an ambitious plan to enhance the country's transportation infrastructure, aiming to position Thailand as a key logistics hub in Southeast ...

Infineon Partners with Thai Research Agency to Drive Innovation in Thailand

Mar 2025 Thailand, ICT

Infineon Technologies Asia Pacific and Thailand Science Research and Innovation (TSRI), a government agency in Thailand, have signed a Memorandum of Understanding (MoU) to ...

Thai Healthcare Marketplace Company Receives Investment from US Partner to Expand in Southeast Asia

Mar 2025 Thailand, Healthcare

HD, a healthcare and surgery marketplace based in Thailand, has announced the completion of a Series A-1 strategic extension round, raising its total Series A funding to USD ...

Thai Navy and BIOTEC Collaborate to Combat Oil Pollution

Mar 2025 Thailand, Environment

The Royal Thai Navy and the National Centre for Genetic Engineering and Biotechnology (BIOTEC) have initiated a joint research and development project to address wastewater ...

Swedish Company Enters Distributor Agreement with Thai Installer of Solar Solutions

Mar 2025 Thailand, Energy

Swedish thin-film solar panel manufacturer Midsummer has entered into a collaboration with Eco On, a leading Thai company specializing in solar rooftop and solar carport ...

Thailand Drafts New Legislation Aiming to Become Regional Financial Hub

Mar 2025 Thailand, Economy

Thailand is taking steps to establish itself as a regional financial hub through new legislation aimed at attracting investment in key financial sectors. The Cabinet has ...

Thailand to Develop Chiang Rai as Leading Aircraft Repair Hub

Mar 2025 Thailand, Defense/Aerospace

Thailand is planning to expand its presence in the aircraft maintenance industry by developing Chiang Rai Airport (CEI) into a major Maintenance, Repair, and Overhaul (MRO) ...

Unioil and Repsol Form Strategic Partnership to Expand Lubricants Market in the Philippines

Mar 2025 Philippines, Manufacturing

Unioil Lubricants Inc. (ULI), the lubricants division of the Philippine-based Unioil Group of Companies, has entered into a strategic partnership with Spanish energy company ...

ULAP and Takeda Philippines Partner to Strengthen Dengue Prevention Efforts

Mar 2025 Philippines, Healthcare

The Union of Local Authorities of the Philippines (ULAP) has partnered with Takeda Healthcare Philippines, a subsidiary of Takeda Pharmaceutical Company Limited, to enhance ...

Metro Pacific Water Begins Construction of the Philippines’ Largest Desalination Plant

Mar 2025 Philippines, Environment

Metro Pacific Water (MPW) has begun construction on the Metro Iloilo Desalination Facility, set to be the largest desalination plant in the Philippines. The USD 95.9 million ...

Aramco Acquires Stake in Unioil to Expand Philippine Market Presence

Mar 2025 Philippines, Energy

Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the ...

Philippines and UAE Strengthen Trade and Investment Ties

Mar 2025 Philippines, Economy

The Philippines and the United Arab Emirates (UAE) are set to expand trade and investment cooperation following a meeting between President Ferdinand R. Marcos Jr. and UAE ...

7-Eleven Philippines to Invest USD 85 Million in Expansion

Mar 2025 Philippines, Retail/FMCG

Philippine Seven Corp, the exclusive operator of 7-Eleven in the Philippines, plans to invest PHP 5 billion (USD 85.32 million) to open over 400 new stores in 2025, according ...

Philippines to Acquire Submarines for Maritime Defense

Mar 2025 Philippines, Defense/Aerospace

The Philippine Navy is set to acquire two submarines under the final phase of its military modernization program (Horizon Three) to strengthen maritime defense. AFP Chief of ...

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