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

AIA Introduces ‘Personal Medical Case Management Service’ in Vietnam

On July 16, AIA launched its Personal Medical Case Management Service (Song Hanh Y Te) in Vietnam along with global healthcare services provider Medix Group to support ...

New Tender for the Thailand Genomics Sequencing Center

Following the 2019 approval from the Eastern Economic Corridor (EEC) Committee of a plan to set up a genome sequencing facility aiming to raise Thailand's competitiveness in ...

Thai Shipbuilder Launches New Patrol Vessels for the Royal Thai Navy

Marsun Limited, a Thai shipbuilding company, has built two more M36-class patrol boats which will enter service with the Royal Thai Navy (RTN), with the boats being built at ...

PTT Global Chemical to Buy Automation Equipment from Doosan

PTT Global Chemical, Thailand’s state-run petrochemical company, has signed a USD 13 million contract with Korea’s Doosan Logistics Solution. The Korean company will provide ...

Thai Cabinet Approval Requested for Two New Rail Routes in the North and Northeast

Approval for two new rail routes, the Den Chai-Chiang Rai-Chiang Khong in the upper North and the Ban Phai-Mukdahan-Nakhon Phanom in the upper Northeast, will be requested ...

Rayong Province Seeks Funds for Wastewater Treatment Projects to Cope with EEC

The Rayong Provincial Administration Organization, as one of three provinces where the Eastern Economic Corridor (EEC) is located, has requested new funds from the EEC Policy ...

New Thai JV to Focus on Telecom Services Via Low-Earth Orbit Satellites

Thaicom and CAT Telecom recently announced the creation of Nation Space and Technology Company Limited, a joint venture (JV) between the two companies. The JV will focus on ...

Investments in Thailand’s Food Sector Increase Despite COVID-19 Outbreak

Since 2019 a total of 116 investment promotion applications for food processing and drinks manufacturing projects in Thailand have been registered, totaling USD 600 million ...

IEAT Seeks Support for Waste-To-Energy Scheme

The Industrial Estate Authority of Thailand (IEAT) is asking for help from energy officials in order to beef up the waste-to-energy policy with the purpose of better ...

Amendments to Civil and Commercial Code Improve Thai Business Climate

Thailand’s Government, aiming to support business and to simplify the process of setting up and conducting business in the country, has approved in June 2020 new amendments ...

Potential Antibody Treatment for Yellow Fever Developed in Singapore

Researchers from Antimicrobial Resistance (AMR) collaborating with researchers from the Massachusetts Institute of Technology (MIT), and also with local institutions such as ...

Singapore Establishes Asian Institute of Digital Finance

The Asian Institute of Digital Finance (AIDF), a research institute that will develop deep capabilities to support the needs of digital financial services in Asia, will begin ...

UOL Group Developing Singapore’s First Zero Waste Hotel

The UOL Group. one of Singapore's leading property development companies, will redevelop the Pan Pacific Orchard hotel into a biophilic and zero-waste 347 room hotel. This ...

UOB and Getz Partner to Lower Costs and Increase Online Presence for F&B

United Overseas Bank (UOB) and Getz, an end-to-end food and beverage (F&B) digital solution provider, announced a collaboration in order to help F&B businesses set up ...

ST Engineering and IAI Partner to Sell Advanced Naval Missile Systems

Singapore Technologies Engineering (ST Engineering), through its land system division, announced the signing of a partnership with state-owned Israel Aerospace Industries ...

RTS Project Officially Launch with Malaysian and Singaporean Prime Ministers Present

An official ceremony marked the restart of work on the Rapid Transit System (RTS) Link, which will transport passengers between Johor and Singapore and was attended by both ...

Nine Companies Receive Funding to Boost Singapore’s Cyber Defense

The Cyber Security Agency of Singapore (CSA) selected 9 companies, namely Singapore based Group IB, Secure IC, Acronis, Amaris.AI, Scantist, SecureAge and InsiderSecurity as ...

ENGIE, Senoko Energy and Electrify Launch First P2P Energy Trading Platform in Singapore

A collaboration between Senoko Energy, Electrify and Engie Factory, the venture arm of French multinational electric utility company, ENGIE, has brought to life the first ...

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