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

Anko to Open Largest Store in the Philippines

Apr 2025 Philippines, Retail/FMCG

Australian home and lifestyle brand Anko continues its expansion in Metro Manila with the upcoming launch of its largest store in the Philippines at Trinoma Mall, Quezon ...

Philippines and the UK Sign New Framework to Strengthen Defense and Trade Cooperation

Apr 2025 Philippines, Economy

The Philippines and the United Kingdom have signed a new Joint Framework to expand bilateral cooperation across multiple sectors, including defense, trade, maritime security, ...

Cathay Expands Lifestyle Loyalty Offerings in Malaysia with Mitsui Mall Group Partnership

Apr 2025 Malaysia, Retail/FMCG

Cathay, a Hong Kong-based premium travel lifestyle brand, has expanded its presence in Southeast Asia through a strategic partnership with Mitsui Mall Group in Malaysia. This ...

Taiwan’s Hotayi Electronic Unveils USD 105 Million Smart Factory Expansion in Malaysia

Apr 2025 Malaysia, Manufacturing

Taiwanese electronics manufacturing services (EMS) provider Hotayi Electronic has officially launched its Phase 3 expansion with a groundbreaking ceremony in Batu Kawan, ...

Nestlé Malaysia Commences Construction of USD 52.7 Million Integrated Logistics Hub in Port Klang

Apr 2025 Malaysia, Infrastructure

Nestlé Malaysia has officially broken ground on a new MYR 250 million (USD 52.7 million) integrated logistics hub in Port Klang, Selangor state, expected to be fully ...

Microsoft to Open Hyperscale Cloud Region in Malaysia by Second Quarter 2025

Apr 2025 Malaysia, ICT

Microsoft has reaffirmed its long-term commitment to Malaysia’s digital economy with the launch of its first hyperscale cloud region in the country, known as the Malaysia ...

Esyms and DHL eCommerce Partner to Enhance Medication Delivery Services in Malaysia

Apr 2025 Malaysia, Healthcare

Esyms, a Malaysian digital health solutions provider and online pharmacy, has entered a strategic partnership with DHL eCommerce to improve the delivery of medications from ...

Midea Malaysia Targets USD 222 million in 2025 Sales with Focus on Energy-Efficient and Smart Home Appliances

Apr 2025 Malaysia, Environment

Midea Malaysia is targeting MYR 1 billion (USD 222 million) in sales for 2025, aiming to sustain its double-digit growth as demand for energy-efficient appliances continues ...

Shell Begins Production from Next Phase of Malaysia’s Deepwater Project

Apr 2025 Malaysia, Energy

Shell, through its subsidiary Sabah Shell Petroleum Company (SSPC), has commenced first oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) ...

Malaysia Launches MADANI Digital Trade Platform to Boost Export Capabilities

Apr 2025 Malaysia, Economy

The Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), has launched ...

Malaysia Aviation Group Orders 30 New Boeing Jets to Modernize Fleet

Apr 2025 Malaysia, Defense/Aerospace

Malaysia Aviation Group (MAG) has confirmed an order for 30 new Boeing aircraft as part of its ongoing fleet renewal program. This strategic move aims to modernize MAG’s ...

Brazil Gains Strategic Market Access in Sarawak, Malaysia for Poultry and Beef Exports

Apr 2025 Malaysia, Agrifood

Brazil has secured a breakthrough in Southeast Asia with new market access to Sarawak, Malaysia, for its poultry and beef exports. The announcement came during the official ...

Singapore-Linked USD 788 Million Development to Rise Near Johor RTS Station

Mar 2025 Singapore, Infrastructure

A mixed-use development worth USD 788 million (MYR 2.6 billion) has been announced for the Bukit Chagar area in Johor Bahru, where the upcoming Johor Bahru-Singapore Rapid ...

Daiichi Sankyo and Terumo Vietnam Collaborate to Enhance Cardiovascular Care

Mar 2025 Vietnam, Healthcare

Terumo Vietnam Medical Equipment Co., Ltd. and Daiichi Sankyo Vietnam Co., Ltd. have signed a Memorandum of Understanding (MoU) to strengthen cardiology expertise in Vietnam. ...

Vietjet Taps AI and Big Data to Drive Sustainable Flight Operations

Mar 2025 Vietnam, Defense/Aerospace, Energy, Environment, ICT

Vietnam’s budget airline Vietjet is taking a bold step into AI-driven operational efficiency by signing a strategic partnership with OpenAirlines, a France-based firm ...

Cai Mep International Terminal Welcomes First Gemini Cooperation Vessel

Mar 2025 Vietnam, Infrastructure

Cai Mep International Terminal (CMIT), located in Ba Ria-Vung Tau province, officially received its first vessel from the WC1/TP6 service under the Gemini Cooperation. This ...

Autoliv’s Airbag Cushion Plant in Vietnam Nears Completion

Mar 2025 Vietnam, Manufacturing

Autoliv, Inc., a global manufacturer of automotive safety systems, is set to commence operations at its newly built airbag cushion manufacturing plant in Quang Ninh province, ...

British Retail Brands Eye Vietnam’s Expanding Market with Trade Deals in Place

Mar 2025 Vietnam, Retail/FMCG

The British Consulate General in Ho Chi Minh City is ramping up efforts to support more British retail brands—especially small and mid-sized businesses—in entering Vietnam’s ...

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