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

Thailand Develops Technologies to Extract Rare-Earth Metals From Waste

Thailand's Ministry of Industry announced plans to develop a new technology that enables the extraction of rare-earth metals from recycled industrial and household waste to ...

Thai E-Commerce Logistics Firm Raises USD 200 Million

Thailand-based full-service e-commerce logistics provider Flash Express announced that it has completed a Series D funding round of USD 200 million, led by PTT Oil and Retail ...

Suntech’s New 500-MW Solar Factory to Double Capacity

Suntech, a Chinese producer of solar panels, announced the launch of its 500 MW high-efficiency integrated PV cell and module manufacturing project in Indonesia, making ...

Son Ha Group Launches EVgo Electric Vehicle Production Plant in Bac Ninh

Son Ha Development of Renewable Energy Joint Stock Company, a Son Ha Group member, has recently launched its EVgo electric vehicle production plant in Thuan Thanh II ...

Smart Energy Provider 3DOM Establishes Regional Office in Singapore

3DOM, a Japan-based smart energy solutions provider, has established its South East Asia regional office in Singapore to oversee business development and fundraising ...

Smart Communications First to Deploy 5G in Visayas and Mindanao

Local company Smart Communications has become the first provider in the Philippines to launch 5G sites in key cities in Visayas and Mindanao. Smart's 5G sites in Visayas ...

Singapore Launches Built Environment Living Lab Framework

The Building and Construction Authority (BCA) and the Ministry of National Development (MND) have announced the launch of the Built Environment Living Lab Framework (BE LLF) ...

Singapore Food Agency to Develop High-Tech Agri-Food Cluster

To ramp up local food production, the Singapore Food Agency (SFA) announced that the Lim Chu Kang area, a largely undeveloped area in north-west Singapore, will be developed ...

Singapore Develops Blockchain and Smart Scanners in Fight Against COVID-19

Government-owned SGInnovate, in partnership with local startup Accredify, has developed a blockchain-based solution Digital Health Passport to facilitate more efficient ...

Singapore and Norway Expand Collaboration in Four Priority Sectors

Singapore and Norway are expanding collaboration in four priority sectors, including in the so-called "blue economy" that focuses on the sustainable use of ocean resources. ...

Siemens Launches Advance Manufacturing Transformation Center

Siemens has launched its Advance Manufacturing Transformation Center (AMTC) in Singapore to provide guidance, support, and training to companies in South East Asia on their ...

Semiconductor Giant Infineon Technologies to Invest MYR 3.25 Billion until 2029

Germany’s Infineon Technologies, a multinational semiconductor manufacturer has announced investments of MYR 3.25 billion (USD 784 million) into its existing operations in ...

SEIPI to Partner with Malaysian and French Chip Makers

The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) plans to work with industry associations in Malaysia and France to implement ...

Royal Thai Army to Acquire 600 Military Trucks From India’s Tata Motors

The Thai Ambassador to India has announced that the Royal Thai Army (RTA) is in the process of completing the order of 600 units of LPTA 715 4x4 military defense trucks from ...

Request for Proposals for Putrajaya Monorail to be Issued in December 2020

A Request for Proposals (RFP) for the Putrajaya Monorail project will be released by the Malaysian Federal Territories Ministry in December 2020 to allow the project to be ...

PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

The Philippine Center for Postharvest Development and Mechanization (PHilMech) announced that it is in the process of bidding and acquiring farm machines worth PHP 3 billion ...

PhilHealth Expedites Inclusion of all Filipinos in National Insurance Program

The Philippine Health Insurance Corporation (PhilHealth) has been accelerating the process to register all Filipinos in the National Health Insurance Program (NHIP). As of ...

Petronas Launches Liquefied Natural Gas (LNG) Virtual Pipeline System in Johor

Petronas, the government-owned oil and gas company, has launched an LNG virtual pipeline system (VPS) solution via its Regasification Terminal in Pengerang, Johor state. The ...

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