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

Thai Retailer to Invest USD 1.38 Billion to Expand in Thailand and Vietnam Through 2027

Jul 2025 Thailand, Vietnam, Retail/FMCG

Central Retail Corporation (CRC), Thailand’s largest retailer, plans to invest approximately USD 1.38 billion through 2027 to expand operations in Thailand and Vietnam. The ...

Wisconsin and Thailand Partner to Strengthen Dairy Farming Through Knowledge Exchange

Jul 2025 Thailand, Agrifood

Wisconsin’s expertise in dairy farming is playing a key role in supporting the development of Thailand’s dairy industry through a growing partnership between the University ...

Malaysia Government Provides USD 3.3 Million Mechanization Boost for Farmers

Jul 2025 Malaysia, Agrifood

The Malaysian government has allocated MYR 15.9 million (USD 3.34 million) under the Agrofood Mechanization and Automation Program to modernize the country’s agricultural ...

Malaysia Launches Selangor Aero Park to Boost Aerospace and Air Cargo Ecosystem

Jul 2025 Malaysia, Defense/Aerospace

Malaysia Airports Holdings Bhd (MAHB), the largest airports operator in the country, and Menteri Besar Selangor Inc, a state-owned investment agency, have announced the ...

Malaysia’s Investment Momentum Grows with USD 19.1 Billion Secured in Q1 2025

Jul 2025 Malaysia, Economy

The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency of the Malaysian government has announced that Malaysia secured MYR 89.8 ...

Malaysia Powers Forward with USD 9.2 Billion Energy Grid Upgrade

Jul 2025 Malaysia, Energy

Malaysia, through its national utility provider Tenaga Nasional Berhad (TNB), is investing MYR 43 billion (USD 9.2 billion) to upgrade the country’s power grid in response to ...

Malaysia to Invest USD 141 Million in Second Waste-to-Energy Plant

Jul 2025 Malaysia, Environment

Malaysia has unveiled plans for its second waste-to-energy (WTE) facility, to be built in Sungai Udang, Melaka state, with an estimated investment of MYR 660 million (USD 141 ...

Fujifilm Healthcare Explores Strategic Partnership with Melaka to Advance AI-Driven Medical Solutions

Jul 2025 Malaysia, Healthcare

Japan-based medical technology provider Fujifilm Healthcare is pursuing a potential strategic partnership with the Melaka state government as it looks to strengthen its ...

US-Based Payments Firm TNS Expands APAC Presence with New Hub in Kuala Lumpur

Jul 2025 Malaysia, ICT

Transaction Network Services (TNS), a US-based provider of secure payment and managed network solutions, has established a new regional hub in Kuala Lumpur, Malaysia. This ...

KTC Invests USD 21 Million in New Industrial Park to Boost Operations in East Malaysia

Jul 2025 Malaysia, Infrastructure

Kim Teck Cheong Consolidated Berhad (KTC), a major distributor of fast-moving consumer goods (FMCG) in East Malaysia, has acquired a 15-acre site in the Kota Kinabalu ...

Dutch Coatings Firm AkzoNobel Launches Regional R&D Hub in Malaysia

Jul 2025 Malaysia, Manufacturing

AkzoNobel, a Dutch multinational coatings company, has inaugurated a new research and development (R&D) facility in Nilai, located in the state of Negeri Sembilan. ...

France’s EssilorLuxottica Deepens Malaysian Footprint with Major Optical Chain Takeover

Jul 2025 Malaysia, Retail/FMCG

France-based eyewear giant EssilorLuxottica has announced the acquisition of one of the largest optical retail companies in Malaysia. The transaction includes a portfolio of ...

PEZA Partners with Japan’s Zeroboard to Accelerate Decarbonization in Economic Zones

Jun 2025 Philippines, Environment

The Philippine Economic Zone Authority (PEZA) has signed a memorandum of understanding (MOU) with Japanese sustainability tech firm Zeroboard Inc. to support decarbonization ...

JD Sports to Enter Philippine Market with Two Flagship Stores in 2025

Jun 2025 Philippines, Retail/FMCG

UK-based sports fashion giant JD Sports is making its debut in the Philippines with two flagship store openings this year. The first outlet is set to launch in June at SM ...

Gstar Launches Solar Cell and Module Production in the Philippines

Jun 2025 Philippines, Manufacturing

Singapore-based solar manufacturer Gstar has officially launched its new manufacturing facility in Subic Bay, Philippines, along with its first high-efficiency n-type solar ...

ADB-Backed Bataan-Cavite Bridge Set for Initial Construction Phase

Jun 2025 Philippines, Infrastructure

The Department of Public Works and Highways (DPWH) announced that construction of the Bataan-Cavite Interlink Bridge will begin soon, with work on the land-based sections ...

StarHub Partners with Trends and Technologies to Drive Enterprise Digital Transformation in the Philippines

Jun 2025 Philippines, ICT

Singapore-based StarHub has signed a Memorandum of Understanding (MOU) with Philippine systems integrator Trends and Technologies, Inc. (Trends) to support digital ...

AC Health Partners with Global MedTech Leader Becton Dickinson to Boost Healthcare Innovation

Jun 2025 Philippines, Healthcare

Ayala Healthcare Holdings, Inc. (AC Health) has signed a strategic memorandum of understanding (MOU) with Becton Dickinson (BD), a global leader in medical technology, to ...

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