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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

Gradual Reopening Alongside Strict Health Protocols Underpins Economic Improvement

The Philippines’ premier economic advisory agency, the National Economic and Development Authority (NEDA), noted that the improvement in the country’s trade performance in ...

Malaysia Ranks as Fourth Most Competitive Manufacturing Hub

According to a joint study by KPMG and US-based The Manufacturing Institute, called “Cost of Manufacturing Operations Around the Globe”, Malaysia was ranked fourth out of 17 ...

Indonesia Launches Data Platform to Boost Investment and Economic Relations with Japan

Bank Indonesia, in collaboration with the Ministry of Trade, the Indonesia Investment Coordinating Board, and the Indonesian Embassy in Japan, recently launched an integrated ...

Japan to Expand Security Ties with Vietnam amid Tensions with China

During his inaugural summit abroad, Japanese Prime Minister Yoshihide Suga held talks with Vietnamese Prime Minister Nguyen Xuan Phuc, where the two leaders affirmed their ...

Starlux Airlines Expands Flight Routes to Bangkok

Starlux Airlines, a Taiwanese Luxury Airline, has announced plans to commence flights from Taiwan to Osaka and Tokyo in Japan, as well as to Bangkok in Thailand, adding to ...

Airbus Ventures Adds Singapore Start-Up ZES to its Portfolio

Venture capital company, Airbus Ventures, has added Singapore start-up company, Zero Error Systems (ZES), to its investment portfolio. ZES specializes in developing ‘smart ...

Duterte Extends Philippines’ Military Deal with US

President Rodrigo Duterte has extended for another six months the suspension of the decision to cancel the Philippines’ Visiting Forces Agreement (VFA) with the United ...

Malaysia Airports Aims to Double Freighter Flights at KLIA in Next 10 Years

Malaysia Airports Holdings Bhd (MAHB), the largest airport operator in Malaysia, is planning to double the number of freighter flights at its main airport, Kuala Lumpur ...

Indonesian Ministry of Transportation Approves a USD 14.75 Million Stimulus

The Indonesian Ministry of Transportation (MoT) has approved a USD 14.75 million stimulus package for the aviation industry. The package removes the passenger service charge ...

Vietnam to Accelerate Use of AI in Healthcare

Vietnam’s medical and tech experts recently participated in an online seminar organized by several ministries and local authorities in collaboration with the Australian ...

Indonesia Passes Omnibus Law to Incentivize Investment and Jobs

The Indonesian government has just revised more than 70 existing laws and regulations in an effort to create jobs, spur investments, reduce red tape, and improve bureaucratic ...

DOE Approves Grid Impact Study on Five Energy Projects

The Department of Energy (DOE) has approved grid impact studies on five energy projects in the country, with a total capacity of 1,417.84 MW. The grid impact studies are ...

Vietnam’s Cloud Service Market Projected to Reach USD 291 million by 2024

According to the latest study by Research and Markets, in 2018 Vietnam’s cloud service market was valued at USD 165 million and is projected to reach USD 291 million by 2024. ...

Vietnam’s Telehealth Network Connects 1,000 Medical Facilities

After more than two months of piloting, Vietnam's Ministry of Health officially opened a network connecting 1,000 medical examination and treatment facilities with 27 central ...

Thailand to Produce Drugs for all Types of Cancer Treatment

The Government Pharmaceutical Organization (GPO) has signed an agreement with PPT Public Co Ltd. to build a cancer pharmaceutical factory, the first in Thailand that will ...

Thailand Studies Bridge to Connect Gulf of Thailand and Andaman Sea

Thailand Prime Minister Prayut Chan-o-cha has ordered a new feasibility study to build a land bridge between the Gulf of Thailand and the Andaman Sea, seen as a potentially ...

Thailand Rolls Out Program to Boost Domestic Consumption

In a bid to boost domestic consumption, the Center for Economic Situation Administration (CESA) has approved a proposal to offer taxpayers income tax deductions of up to THB ...

Thailand Establishes Alliance to Develop Energy Storage Technologies for EVs

The National Science and Technology Development Agency (NSTDA) (an agency under the Ministry of Higher Education, Science, Research and Innovation), Khon Kaen University ...

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