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

Local Brands Continue to Dominate Vietnamese Market

The latest report from Nielsen on Vietnam's FMCG market has found that Vietnamese manufacturers earned 42% of the FMCG sector’s total revenues, in the four largest market ...

Foreign Solar Panel Manufacturers Setting up Facilities in Vietnam

Vietnam is becoming a  favored destination for solar photovoltaics (PV) manufacturers, driven by the low costs of Manufacturing in Vietnam combined with rising global demand ...

Thailand Takes Steps Towards Legal Use of Medicinal Marijuana

The government of Thailand has been taking steps towards the legal use of marijuana, following the proposal of amendments in October 2018 that would legalize marijuana ...

Thailand Plans New Taxes for Polluters

The Fiscal Policy Office (FPO) of Thailand and the Finance Ministry have drafted a law imposing new taxes and fees on polluters. According to the draft of the law, the Finance

Thailand is Building the Largest Floating Solar Farms in the World

Thailand is planning to build the largest floating solar farms in the world, aiming at boosting the country’s production of renewable Energy. The Electricity Generating ...

Thailand Board of Investment Approves 5 Large Projects

The Thailand Board of Investment (BOI) has approved investment incentives for five projects with a total investment of value of over USD 1.3 billion. The projects ...

Thai Government Aiming for Completion of Laos Rail Link by 2023

The government of Thailand is aiming for completion of the Thai-Sino high-speed railway project, linking Bangkok and Nong Khai, a Thai province on the border with Laos, by ...

Scania Opens New Assembly Facility in Thailand

Scania, a Swedish manufacturer of commercial vehicles, launched a new assembly facility for trucks and bus chassis in the Bangkok Free Trade Zone. The new factory, which also ...

New MRO Joint Venture Launched in Thailand’s EEC

BOSA-Thayaan Aircraft Service Company (BTAS) has become the first aircraft maintenance, repair, and overhaul (MRO) organization to be approved under the Royal Thai ...

DEPA Thailand Partners with 6 IoT Companies to Support Digital Park Thailand

The Digital Economy Promotion Agency (DEPA) of Thailand has entered into partnerships with several companies specializing in Internet-of-Things (IoT) technologies. These ...

Companies Betting on Healthier Beverages in Thailand

Suntory PepsiCo Beverage (Thailand) Company Limited or SPBT, producer and distributor of the most popular beverages under Suntory and PepsiCo, is further expanding its array ...

Singapore Plans to Roll Out 5G Networks by 2020

Singapore plans to commence the roll out of 5th generation mobile networks (5G) by 2020.  With 5G, businesses and citizens can experience peak data rates of up to 100 times ...

Singapore Government to Issue Zero Waste Masterplan

The Singapore government plans to release its inaugural Zero Waste Masterplan later this year. The Masterplan will detail the government's upcoming policies and plans, ...

Singapore Developing Interoperability Framework for Digital Trade Documentation

Singapore is seeking to develop an interoperability framework, called “TradeTrust”, for the exchange of digital trade documentation, in order to enable a more seamless and ...

Singapore Continues to Invest for Enhancing Global Connectivity

Speaking at the Committee of Supply Debate 2019, Singapore's Senior Minister of State for Transport and Health, Dr Lam Pin Min, talked about how Singapore continues to invest ...

Singapore and UK Telemedicine Companies Enter into Partnership

Singapore-based telemedicine service provider, MyDoc, entered into a partnership with UK-based digital healthcare firm, Synergix Health, to jointly offer telemedicine services

Singapore Aims to Locally Produce 30 Percent of Food Requirement by 2030

The Singapore government has set a target to locally produce 30% of Singapore’s nutritional needs by 2030. Currently, Singapore imports over 90% of its food requirements. To ...

SATS Opens New SGD 25 Million Kitchen Facility

On 11 March 2019, SATS Ltd. (SATS) unveiled a new SGD 25 million (USD 18.5 million) kitchen with food technologies that can preserve nutritional qualities and optimize taste ...

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