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

Milliken Opens First Chemical Plant in Asia, Launches Advanced Manufacturing Hub in Singapore

May 2025 Singapore, Manufacturing

Milliken & Company, a global leader in specialty chemicals and advanced materials, officially inaugurated its first chemical manufacturing facility in Asia in April 2025, ...

Foodpanda Automates Singapore Dark Stores to Accelerate Grocery Deliveries and Personalize Shopping

May 2025 Singapore, Retail/FMCG

Foodpanda has taken a major step in Singapore by automating its “dark stores”-dedicated retail warehouses that support its Pandamart cloud grocery service. The company is ...

France’s HDF Energy Partners with Indonesian Agencies to Advance Hydrogen-Based Maritime Decarbonization

May 2025 Indonesia, Environment

In a major move to support Indonesia’s energy transition, PT HDF Energy Indonesia—a subsidiary of France-based HDF Energy specializing in large-scale hydrogen ...

Indonesia Teams Up with Denmark’s Vestas to Launch Wind Energy Project

May 2025 Indonesia, Energy

Indonesia’s state-owned power company, PT PLN Nusantara Power, has entered into a partnership with Denmark-based Vestas Development to advance wind energy projects across the ...

Qatar and Indonesia’s Sovereign Wealth Fund to Jointly Invest USD 4 Billion

May 2025 Indonesia, Economy

Indonesia’s sovereign wealth fund, Danantara, and the government of Qatar have agreed to establish a USD 4 billion investment fund jointly focused on Indonesia, marking ...

Turkish Company to Set Up Joint Defense Manufacturing Facility in Indonesia

May 2025 Indonesia, Defense/Aerospace

Türkiye’s state-owned defense contractor Roketsan has signed an agreement with Indonesia to establish a joint defense production facility, as confirmed by the company’s CEO ...

UAE Company Plans Major Investment in Indonesia’s Dairy Industry

May 2025 Indonesia, Agrifood

Al-Ain Farms, a leading dairy producer based in the United Arab Emirates, is poised to invest in Indonesia as the country aims to reduce its dependence on milk imports. ...

Korean Food Company Paldo to Introduce Pororo Kids Drinks in Indonesia

May 2025 Indonesia, Retail/FMCG

Korean food company Paldo announced plans to launch its popular Pororo children’s beverage in Indonesia this year by partnering with local distributor Indofood Group. ...

Pegatron Unveils AI and 5G Smart Factory in Partnership with Indonesia’s Leading Telecom Company

May 2025 Indonesia, Manufacturing

Pegatron, a global technology leader, has officially opened its new smart manufacturing facility in Batam, Indonesia. The factory integrates advanced Artificial Intelligence ...

Netherlands Allocates USD 360 Million for Indonesia’s Water Infrastructure

May 2025 Indonesia, Infrastructure

The Dutch government has reaffirmed its commitment to supporting Indonesia’s priority programs in water resource management, including the development of a giant sea ...

Indonesia and Estonia Forge Partnership on Data Governance and Digital Public Infrastructure

May 2025 Indonesia, ICT

Through the Ministry of National Development Planning (PPN)/Bappenas, Indonesia is deepening its collaboration with the Estonian Government to advance its digital ...

Fullerton Health Indonesia Opens Jakarta’s First Executive Health Screening Centre

May 2025 Indonesia, Healthcare

Fullerton Health Indonesia, a Singapore-based Fullerton Health Group subsidiary established in 2010, has officially launched its first Executive Health Screening Centre (EHS) ...

Thailand Approves Sunwoda to Invest More Than USD 1 Billion in EV Battery Cell Plants

Apr 2025 Thailand, Manufacturing

Thailand’s Commission on the National Competitiveness Enhancement for Targeted Industries has approved an investment exceeding USD 1 billion from Sunwoda Electronic for the ...

Thailand Enhances Aviation Infrastructure to Position Itself as Regional Hub

Apr 2025 Thailand, Infrastructure

Thailand has unveiled plans to boost aviation capacity by investing approximately 104.4 million USD in cutting-edge technology, aiming to become a regional aviation hub by ...

Thailand Develops AI Systems for Financial Fraud Detection

Apr 2025 Thailand, ICT

Thailand is advancing the use of artificial intelligence (AI) in fraud detection, particularly within its financial sector. The country’s financial institutions are ...

Thailand to Expand Telehealth Services to Decrease Hospital Visits and In-Person Follow-Ups

Apr 2025 Thailand, Healthcare

Thailand’s Public Relations Department (PRD) has announced that the Ministry of Public Health would expand tele-healthcare services to alleviate congestion in public ...

Swiss Company Implements US Wastewater Solution at Its Manufacturing Plant in Thailand

Apr 2025 Thailand, Environment

Swiss chemical company Archroma has implemented a membrane and oxidation-based Zero Liquid Discharge (ZLD) system at its dyestuffs manufacturing plant in Mahachai, Thailand. ...

UK Company Secures a USD 1.8 Billion Contract for Energy Digitization and Smart Grid in Thailand

Apr 2025 Thailand, Energy

Gorilla Technology Group, a British business solutions provider, has secured a 1.8 billion USD agreement to lead an energy digitization and smart grid project in Thailand. ...

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