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
Schneider Electric Building Smart Electrification Infrastructure for EVs in Thailand
French digital automation and energy management multinational company Schneider Electric is building an intelligent electrification infrastructure for Thailand's electric ...
Belgian Biscuit Manufacturer to Open Biscoff Factory in Thailand
Belgian biscuit manufacturer Lotus Bakeries has ambitious plans to increase its production. The Biscoff producer announced its goal to open a factory in Thailand within the ...
Thai Union Launches Alternative Shrimp Products in Thailand
It has recently been announced that the plant-based food venture of seafood giant - Thai Union, OMG Meat, is launching alternative seafood dumplings into Thai supermarkets ...
Thailand’s Defense Technology Institute Partners for Production of Advanced Land Systems Technologies
It has just been announced that the Defense Technology Institute (DTI), Thailand’s defence research and development (R&D) agency, will partner with global aerospace and ...
Singapore’s First Energy Storage System at Pasir Panjang Terminal
In an effort to increase energy efficiency and reduce carbon emissions, Singapore’s first Energy Storage System (ESS) has been deployed at Pasir Panjang Terminal, and will ...
AIMCo Considers First Office in Singapore to Expand into Asia
Alberta Investment Management Corp (AIMCo) is considering Singapore over Hong Kong in order to expand its private equity group into Asia. According to the head of private ...
Quadrupled in Size, Bombardier Launches the Transformed Singapore Service Center
On June 30th, 2022 Bombardier inaugurated the largest OEM business aviation maintenance facility in Asia Pacific, the transformed Service Center, at the Seletar Aerospace ...
MeaTech Introduces 3D-Bioprinted Meat into Singapore
MeaTech 3D Ltd., an internationally renowned deep-tech cultured meat and food company, signed an agreement with Umami Meats for the joint development of 3D-printed cultured ...
Singapore Trials its First Floating Solar Panel Project
Singapore recently exhibited a new kind of solar panel, designed to withstand rough winds and choppy waters, to be placed at sea. The project is based on the Norwegian Firm ...
The Philippines Sorting Out Uncertain Policies in Upstream Gas to Lure Investments
Building new power plants, the use of renewable energy, and bringing down the price of electricity to consumers are the Philippines President Ferdinand Marcos' priorities for ...
Global Tech Giants to Manufacture Their Products in Vietnam
As an attempt to lower risks and dependence on China, Google will begin producing its Pixel smartphones in Vietnam in 2023. Accordingly, Google will shift a small portion of ...
Philippines as a Regional Hub for Biopharma Innovation is Attainable
The Pharmaceutical and Healthcare Association of the Philippines (PHAP) expressed full support to the Department of Trade and Industry’s (DTI's) priority agenda to promote ...
The Philippines Taps SpaceX’s Satellite Service for Internet Connection in Remote Locations
Filipinos in geographically-isolated and disadvantaged areas (GIDA) may soon enjoy free high-speed and low-latency internet service brought by SpaceX’s Starlink through the ...
KT and Medi Plus Solution to Collaborate in Vietnam’s Healthcare Business
Recently, KT Corporation, South Korean’s largest telecommunication company, and Medi Plus Solution, a Korean Healthcare company, inked a memorandum of understanding (MOU) to ...
Thai Retailer to Explore Business Opportunities in Vietnam
Central Retail Corporation, a famous Thai retailer, has recently announced to invest around USD 829 million into Vietnam during the next five years to enlarge its operations ...
Holcim Circular Explorer Arrives in the Philippines
The Philippines was chosen by Holcim, a cement manufacturer to launch its first Circular Explorer, a pioneering solar-powered catamaran designed to help in cleaning coastal ...
The Philippines and SoKor Discuss Future Nuclear Cooperation
The Philippine Ambassador to South Korea, Ms. Mariya Theresa met with the executives from Korea Hydro and Nuclear power Co. Ltd (KHNP) to discuss future Philippines-Republic ...
PetroVietnam to Complete Its Digital Transformation by 2030
The Vietnam Oil and Gas Group (PetroVietnam) has been working with sociopolitical organizations to promote digital transformation across all of its businesses while also ...
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