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
Initiatives to Tackle Marine Pollution Seen in the Philippines
Cleene Ethyl Alcohol, a trusted Filipino brand that provides high-quality and affordable alcohol products from Philusa Corporation, extends its effort in reducing ocean-bound ...
SATS Invests USD 150 Million in Jurong Innovation District
SATS Ltd. (SATS), Asia’s leading provider of food solutions and gateway services, has started a lease agreement with JTC to build an innovative food hub in Singapore's Jurong ...
April 17th Sees The Official Launch of Singapore’s Fifth Desalination Plant
Singapore’s fifth desalination plant was officially opened on Jurong Island on April 17, 2022. The plant was set by Tuas Power and ST Engineering consortium, along with PUB, ...
Global Companies to Target Vietnam as A New Luxury Hub
Vietnam has recently become a new destination for several luxury brands to expand their presence, thanks to its fast-expanding middle-class and robust economic ...
Vietnam on Its Way to Becoming The Next Global Manufacturing Hub
At a recent Investment Promotion Conference in Vinh Phuc province, a representative of Compal, a Taiwanese company specializing in electronic devices, has announced the ...
Stricter Measures to be Proposed to Control Motorbike Use in HCMC
Recently, several experts in Ho Chi Minh City (HCMC) have urged the authorities to impose tougher measures to limit the use of motorcycles, which are the local’s favorite ...
Vietnam to Launch 5G Network and Intelligent Operation Centers in Major Cities
Vietnam is among the first countries to launch 5G trials. With superior characteristics, 5G is expected to support the country in building a digital government, economy and ...
Positive Outlook for Vietnam’s Pharmaceutical Companies
Drug companies’ earnings have surged during the first quarter of 2022 due to high demand for Covid-19 medicines and other relevant products. DHG Pharmaceutical JSC, the ...
Organizations to Step Up to Solve Plastic Pollution
Vietnam discards over 3.9 million tons of waste each year, and roughly a third of that is recycled properly. The remaining amount is often burned, buried in landfills, or ...
Vietnam to Consider Returning to Nuclear Energy
Experts say Vietnam should restart its nuclear energy program by 2030 in order to meet its commitment to attaining carbon neutrality by 2050.
According to a former head of ...
Vietnam’s Proptech Startups to Attract More Investors
Since the epidemic, many real estate companies have turned to technology to promote their sales, and investments are pouring into these proptech startups to capitalize on the ...
Vietnam’s First Cargo Airline Close to Takeoff
As freight demand grows, Vietnam's Ministry of Transport has sought the Prime Minister's consent to grant a license to IPP Air Cargo, marking it to be the country's first ...
Malaysia’s Trade Outlook Remains Optimistic, Records USD 53.89 Billion in March
Department of Statistics Malaysia (DOSM) announced that Malaysia's total trade increased by 27.3% year-on-year (y-o-y) in March 2022, with a strong record of MYR 236.6 ...
Consortiums Led By Boost, Grab, Sea, Aeon, and KAF Awarded Malaysia’s Digital Bank Licenses
Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has announced the five successful applicants for the digital bank licenses, in an effort to boost financial inclusion in ...
Philippines Attracts More Investments from US Companies
Several US companies have expressed interest to invest further in the Philippines, taking advantage of the incentives brought forth by recently enacted laws that liberalized ...
Airbus Boosts Support for the Philippines’ Defense Needs
A multinational aerospace company, Airbus, sees the Philippines as an important market for the company. The country's defense market is poised to grow since the country is ...
Vietnam to Designate New Specialized Zones for Agriculture
Ho Chi Minh City (HCMC) will work with the Ministry of Agriculture and Rural Development to develop five zones in 13 provinces dedicated solely to agriculture, forestry, and ...
The Philippines’ DOST Collaborates with Australia’s RMIT on Digital Healthcare System
The Philippines' digital healthcare system gets a boost from Australia after the Philippines' Department of Science and Technology (DOST) and Australia's Royal Melbourne ...
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