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

Garmin to Establish First Southeast Asian Production Facility in Thailand

Nov 2025 Thailand, Manufacturing

Garmin Ltd. will build its first manufacturing facility in Southeast Asia with a new factory in Thailand to produce smartwatches and GPS navigation devices. The project, ...

Plant-Based Meat Sales Grow Rapidly in Thailand amid Price Declines and Climate Goals

Nov 2025 Thailand, Retail/FMCG

Sales of plant-based meat alternatives in Thailand are rising as prices fall and consumer interest in non-animal proteins increases. While markets in the United States and ...

Saskatchewan Government Establishes New Agri-Food Partnerships in Indonesia

Nov 2025 Indonesia, Agrifood

The Government of Saskatchewan has signed a Letter of Intent (LOI) with the Indonesian Chamber of Commerce and Industry (KADIN Indonesia) to strengthen cooperation in ...

Indonesia and Rheinmetall Collaborate on Advanced Ammunition Technology Development

Nov 2025 Indonesia, Defense/Aerospace

Indonesia’s state-owned defense company Pindad has partnered with German arms manufacturer Rheinmetall to advance ammunition technologies. According to the Indonesian Defense ...

Indonesia Lowers Minimum Paid-Up Capital Requirement for PT PMAs, Signaling Return to Greater Openness

Nov 2025 Indonesia, Economy

October has brought notable developments for international companies operating or planning to operate in Indonesia. Through the Ministry of Investment and Downstream Industry ...

Indonesia’s Renewable Energy Firm and Singaporean LNG Company Partner to Produce Bio-LNG from Palm Oil Waste

Nov 2025 Indonesia, Energy

Pertamina, through its renewable energy subsidiary Pertamina New & Renewable Energy (Pertamina NRE), has partnered with Singapore LNG Corporation to develop Bio-LNG from ...

Indonesian Circular Economy Innovator Partners with Two Japanese Giants

Nov 2025 Indonesia, Environment

Sirkular Karya Indonesia (SKI), a subsidiary of Impack Pratama Industri, has entered into a strategic partnership with Marubeni Indonesia and DNP Indonesia (DNP) to launch ...

Indonesia, South Korea Collaboration Enhances National Health Resilience

Nov 2025 Indonesia, Healthcare

The Investment Management Agency of Daya Anagata Nusantara (Danantara Indonesia) has signed a Memorandum of Understanding (MoU) with South Korea’s SK Plasma Co. Ltd, a global ...

Indonesia and the United Kingdom Forge Partnership to Strengthen Cybersecurity Cooperation

Nov 2025 Indonesia, ICT

The Indonesian government has established a new partnership with the United Kingdom to enhance national cybersecurity and bolster the country’s digital resilience amid ...

Indonesia and Switzerland Deepen Collaboration on Sustainable Infrastructure Development

Nov 2025 Indonesia, Infrastructure

Indonesia and Switzerland have formalized a Memorandum of Understanding (MoU) to enhance cooperation in infrastructure development, aligning with Indonesia’s “Indonesia Emas ...

Shell to Develop Bioavtur Refinery in Indonesia

Nov 2025 Indonesia, Manufacturing

Shell Indonesia and Tripatra, a leading Indonesian engineering, procurement, and construction (EPC) company, plan to commence construction of a Sustainable Aviation Fuel ...

Diamond Donuts Internasional Secures Exclusive Master Franchise Rights for Dunkin’ Indonesia from Inspire Brands

Nov 2025 Indonesia, Retail/FMCG

Inspire Brands, the parent company of leading restaurant chains including Arby’s, Baskin-Robbins, Buffalo Wild Wings, Jimmy John’s, and SONIC, has named Jakarta-based PT ...

Singapore’s NDCS Launches Mobile Dental Clinic to Serve 1,900 Seniors by 2028

Oct 2025 Singapore, Healthcare

The National Dental Centre Singapore (NDCS) launched a pioneering mobile dental clinic at Bright Hill Evergreen Home in Punggol, funded by a SGD 2.05 million (USD 1.64 ...

Sheng Siong’s USD 400 Million Expansion Targets 120 Stores in Singapore by 2040

Oct 2025 Singapore, Retail/FMCG

Sheng Siong Group, a Singapore-based grocery chain controlled by billionaire Lim Hock Chee and his family (net worth ~USD 1.8 billion), has announced an SGD 520 million (USD ...

FrieslandCampina’s New Singapore Lab Bolsters Asia-Pacific Food Innovation Hub

Oct 2025 Singapore, Agrifood

Dutch dairy cooperative FrieslandCampina launched its largest Asia-Pacific (APAC) Application Centre in Singapore, a state-of-the-art food innovation lab at Science Park ...

Air Liquide’s USD 156 Million Investment Boosts Singapore’s Semiconductor Hub Status

Oct 2025 Singapore, Manufacturing

Air Liquide, a French industrial gases organization, announced a EUR 130 million (USD 156 million) investment to expand its infrastructure in Singapore, reinforcing its role ...

Singapore’s GovTech Bolsters Singpass Security with 24/7 Anti-Fraud Team

Oct 2025 Singapore, ICT

Singapore’s Government Technology Agency (GovTech) has intensified Singpass security with a facial verification feature that activates randomly or upon detecting ...

Singapore Pioneers World’s First Digital Passport for Plastics to Boost Recycling

Oct 2025 Singapore, Environment

Singapore is making a digital “passport” system for plastics, claimed to be a world-first, to enhance recycling and extend the lifespan of its sole landfill, Semakau, which ...

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