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

Japan’s Shimano Components Buys Paragon Globe Factory in Johor

Nov 2022 Malaysia, Manufacturing

Shimano Components, a Japanese leading manufacturer of bicycle components and fishing equipment, will expand its production in Malaysia through the purchase of new factory in ...

DHL Express Expands Johor Gateway Facility for Regional Demand

Nov 2022 Malaysia, Infrastructure

Global express service provider, DHL Express, has opened its expanded Johor Gateway facility in the Senai Airport City industrial park. The facility, which is more than twice ...

Etana Launches Biopharmaceutical Manufacturing in Indonesia

Nov 2022 Indonesia, Manufacturing

Etana Biotechnologies established its biopharmaceutical manufacturing facility in Jakarta. Etana is involved in developing a variety of innovative therapeutics, like ...

Salvatore Ferragamo Launches in Indonesia

Nov 2022 Indonesia, Retail/FMCG

Valiram, a Malaysian retail business, has launched Indonesia's first Salvatore Ferragamo store. The store, located in Plaza Indonesia, is part of Valiram's expanding ...

Poland Targets Indonesia’s Railway Sector

Nov 2022 Indonesia, Infrastructure

Poland is eyeing Indonesia's railway sector, according to its diplomats and business officials. The Indonesian Railway Society (Maska) traveled to Poland last month for a ...

Nokia and Moratelindo Improve Optical Transmission Network in Indonesia

Nov 2022 Indonesia, ICT

Nokia and Moratelindo have deployed their optical transport solution to boost the network capacity to 3 terabytes (tb) in Jakarta and, 2 tb in Java Island, scaling the ...

UK´s HydroWing Explores Indonesia’s Tidal Energy Potential

Nov 2022 Indonesia, Energy

HydroWing, a UK-based tidal energy developer, has inked an agreement with Indonesia Power, a state-owned firm, to build tidal energy projects in Indonesia. The cooperation ...

Irish-American Digital Payments Firm Stripe Enters Thailand

Nov 2022 Thailand, ICT

Irish-American financial services and software as a service (SaaS) company Stripe announced that it is now available in Thailand, where its financial infrastructure platform ...

Amazon Web Services to Launch an Infrastructure Region in Thailand

Nov 2022 Thailand, Infrastructure

Amazon Web Services (AWS), an Amazon.com, Inc. company, recently announced plans to open an infrastructure Region in Thailand. The new AWS Asia Pacific (Bangkok) Region will ...

Cargill Expands Ready to Cook Chicken Production in Thailand

Nov 2022 Thailand, Agrifood

The Thai subsidiary of the American agricultural and food ingredient producer Cargill recently announced that it is investing in its ready-to-cook products with the aim of ...

Thailand Developing Radar System Against Unauthorized Drones

Nov 2022 Thailand, Defense/Aerospace

The Bangkok Post recently revealed that a research team from Thailand is currently working on the development of a radar system capable of detecting unauthorized drones flown ...

Thailand and the EU Finalize Partnership and Cooperation Agreement

Nov 2022 Thailand, Economy

In September 2022, the European Union (EU) and Thailand finalized the text of the EU-Thailand Partnership and Cooperation Agreement (PCA). The PCA will enhance the ...

Thailand to Launch Two Giant 2.65 GW Natural Gas Combined Power Plants

Nov 2022 Thailand, Energy

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has commenced operation of the fourth and final M701JAC unit at an ultra-large-scale natural ...

Thailand’s Largest Wind Power Developer to Double Electricity Generation by 2027

Nov 2022 Thailand, Environment

Thailand's largest wind power developer and operator by capacity, Wind Energy Holding (WEH), recently announced its target to double its electricity generation capacity to ...

Polish Investors Considering Indonesia’s Railway Sector

Nov 2022 Indonesia, Infrastructure

Poland has been eyeing Indonesia's railway sector, according to the diplomats and business representatives. In the 2022 Railwaytech Indonesia exhibition, Polish Ambassador ...

EOFlow’s Insulin Pump Earns Approval in Indonesia

Nov 2022 Indonesia, Healthcare

EOFlow, a Soutk Korean developer of wearable drug delivery systems, revealed that it has been granted approval from the Indonesian Ministry of Health to market its wearable ...

Singaporean Company to Develop Green Hydrogen Plant in Indonesia

Nov 2022 Indonesia, Environment

Carbon Governance, a Singaporean green energy project developer, recenlty signed a long-term land leasing agreement with an unknown Indonesian firm for a location in ...

Indonesia Designing Incentives for New Capital Investment

Nov 2022 Indonesia, Economy

Indonesia is creating an incentive package to entice investment in Nusantara, its prospective USD 32 billion new capital city. The mega project involves relocating Southeast ...

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