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

Vietnam Emerges as Marvell’s Third-Largest Global R&D Hub

Oct 2025 Vietnam, Manufacturing

Vietnam has become a strategic pillar in the global semiconductor industry as U.S. based Marvell Technology inaugurated three new offices, officially making the country its ...

Lotte Shopping to Expand Premium Mall Network in Vietnam

Oct 2025 Vietnam, Retail/FMCG

Retail giant Lotte Shopping from the Republic of Korea has announced plans to open two to three additional large-scale shopping malls in major Vietnamese cities by 2030, ...

Singaporean Company Expands Insect Protein Production in Thailand

Oct 2025 Thailand, Agrifood

Full Circle Biotechnology, a Singapore-based startup with operations in Thailand, has secured funding to build a 7,000-ton per year insect protein facility in Kanchanaburi, ...

Royal Thai Air Force Expands Airbus H225 Helicopter Fleet for SAR and Medical Missions

Oct 2025 Thailand, Defense/Aerospace

The Royal Thai Air Force has signed a contract to acquire two additional Airbus H225 helicopters, enhancing its capacity for search-and-rescue and emergency medical ...

Thailand Launches TouristDigiPay Sandbox for Digital Asset Payments

Oct 2025 Thailand, Economy, ICT

The Securities and Exchange Commission of Thailand has introduced the TouristDigiPay sandbox, a pilot program allowing foreign tourists to convert digital assets into Thai ...

Thailand Calls for Bids on 280 MW Floating Solar Project at Srinagarind Dam

Oct 2025 Thailand, Energy

The Electricity Generating Authority of Thailand (EGAT) has announced a call for bids for the 280 megawatt alternating current Srinagarind Dam Floating Solar Project 3 in ...

Thailand’s Industry Calls for National Focus on Plastic Recycling

Oct 2025 Thailand, Environment

The Federation of Thai Industries is urging the Thai government to prioritize plastic recycling as a national agenda item to address the country’s growing plastic waste ...

British Company and Siam Bioscience Launch Cell and Gene Therapy Centre in Thailand

Oct 2025 Thailand, Healthcare

eXmoor Pharma, a British contract development and manufacturing organization specializing in cell and gene therapies, has entered a strategic partnership with Siam ...

US Company Partners with Krungsri to Advance AI-Driven Digital Banking In Thailand

Oct 2025 Thailand, ICT

Informatica, a US company leader in AI-powered cloud data management, has announced a partnership with Krungsri, also known as Bank of Ayudhya Public Company Limited, to ...

Bangkok Airways Plans Major Upgrade at Trat Airport to Boost Eastern Thailand Tourism

Oct 2025 Thailand, Infrastructure

Bangkok Airways has announced plans to upgrade Trat Airport, positioning it as a regional aviation hub for eastern Thailand and supporting provincial economic and tourism ...

Panasonic Industry to Double MEGTRON Circuit Board Material Production in Thailand

Oct 2025 Thailand, Manufacturing

Panasonic Industry, a subsidiary of the Panasonic Group, has announced plans to double its production capacity of MEGTRON multi-layer circuit board materials over the next ...

Central Park Shopping Centre Opens as Bangkok’s New Lifestyle Landmark

Oct 2025 Thailand, Retail/FMCG

Central Park Shopping Centre, part of the THB 46 billion (USD 1.4 billion) Baht Dusit Central Park mixed-use development, officially opened on September 4, 2025. Developed by ...

Thomson Medical Unveils USD 4.3 Billion Johor Bay Project to Boost Healthcare

Sep 2025 Singapore, Healthcare

Thomson Medical Group, a Singapore-listed healthcare provider, has unveiled an SGD 5.5 billion (USD 4.26 billion) development named Johor Bay within the Johor-Singapore ...

Agridence Acquires Geneva’s Traceability Platform Farmer Connect

Sep 2025 Singapore, Agrifood

Singapore-based agritech firm Agridence Group has acquired Geneva-based Farmer Connect, combining the two digital platforms to strengthen global traceability and compliance ...

FairPrice Trials Automated Discounts & AI Assistants at New Punggol Digital District Store

Sep 2025 Singapore, Retail/FMCG

FairPrice, Singapore’s supermarket chain, has introduced a new trial at its outlet in Punggol Digital District to make shopping more seamless using automation and AI. One of ...

Evonik Opens Asia’s First Net-Zero Alkoxides Plant in Singapore to Power Regional Growth

Sep 2025 Singapore, Manufacturing

Evonik has opened Asia’s first large-scale alkoxides production facility on Singapore’s Jurong Island, marking a major expansion of its specialty chemicals footprint in the ...

Keppel Shifts Focus to ICT and Digital Infrastructure with Regional Expansion, Sells M1 Telecom Stake

Sep 2025 Singapore, ICT

Singapore’s Keppel Ltd is accelerating its shift toward digital infrastructure and ICT services, combining regional expansion with strategic divestment in traditional ...

NTT DATA and Kajima Unveil KPI-Driven Smart Building at Singapore’s GEAR Hub

Sep 2025 Singapore, Infrastructure

NTT DATA has teamed up with Kajima to transform The GEAR, Kajima’s regional headquarters and R&D hub in Singapore, into a model of KPI-driven smart building management. ...

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