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
Johnson & Johnson to Partner with A*Star to Set Up Digital Eye Health Consortium
In July, Johnson & Johnson Vision (JJVision), the eye health unit of Johnson & Johnson MedTech, signed a memorandum of understanding with the Agency for Science, ...
Thailand’s CP Foods to Bet on Alternative Proteins
Thai agro-industrial and food conglomerate CP Foods is investing in alternative protein products. In a recent interview, the company´s Executive Vice President for ...
The Royal Thai Navy to Buy Seven Israeli-Made Hermes 900 Drones
It has been recently announced that the Royal Thai Navy intends to enter into an agreement to procure seven Hermes 900 UAVs from Israeli defense electronics company Elbit ...
Thailand to Offer Land Ownership for Wealthy Foreigners, Expects 1 Million Expats
The government of Thailand announced that it will allow foreigners who invest a minimum of THB 40 million baht (around USD 1 million) to purchase property and land. The ...
Thailand’s Largest Energy Conglomerate Enters LNG Sale and Purchase Agreement with US Company
Corpus Christi Liquefaction (CCL), a subsidiary of the Texas-based Cheniere Energy, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) ...
US Company’s Drones to Monitor Largest Hydro-Floating Solar Farms in Thailand
American company Percepto announced the completion of a proof-of-concept with the Electric Generating Authority of Thailand (EGAT) for the monitoring of a 250-acre floating ...
Japanese Company Eyes the Thai Orthopedic Surgery Market
Teijin, a leading Japanese chemical, pharmaceutical and information technology company, has recently revealed that it intends to target Thailand offering technologies for the ...
Thailand Announces USD 37 Billion Smart City Supporting Industrial Hub
Thailand has announced plans to build a smart city in an industrial hub near Bangkok for a total value of USD 37 billion. The initiative is already receiving investment ...
Thailand and the Other Four SEA Countries to Create a Common Contactless QR Payments Zone
The Central Bank of Thailand, together with those of four other Southeast Asian countries, recently announced to have reached an agreement to connect their payment systems by ...
Italian and British Company Partner for Graphene Supply and Innovation in Thailand
British advanced materials' group Haydale and Vittoria, and an Italian manufacturer of performance bicycle tires, entered into an agreement to collaborate on the innovation ...
Starbucks to Add 90 New Coffee Shops in Thailand
Starbucks Thailand has revealed plans for a new expansion strategy, which involves the opening of an additional 30 coffee shops in Thailand every year until 2024, for a total ...
Petronas Partners With Mitsui & Co., Ltd to Create Regional Carbon Capture And Storage Solutions Hub
Malaysia’s national energy company, Petronas has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd., a Japanese project development and trading ...
Malaysia Expands Solar, Biomass, Biogas & Hydro to Achieve 40% Renewable Energy By 2035
Malaysian Energy and Natural Resources Ministry (KeTSA) has targeted Malaysia to be equipped with 40% renewable energy (RE) by 2035. KETSA’s Deputy Minister Datuk Ali Biju ...
Malaysia Aspires to Be Biomass Hub Through Agricommodity Resources
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that Malaysia is aiming to establish itself as a biomass hub, in keeping with the country's status as ...
Malaysia Awarded USD 30.94 Million Worth of Smart Automation Grants To SMEs, MTCs
Malaysian Investment Development Authority (MIDA), the country’s principal investment promotion agency, has approved Smart Automation Grants (SAG) totaling MYR 138.5 million ...
Malaysia, Turkey to Strengthen Cooperation in Defense, Aerospace Technology
Malaysia has signed several memorandums of understanding (MoUs) in various fields including defense with Turkey during the official visit of Malaysian Prime Minister Datuk ...
DART Partners With Robinsons Supermarket to Provide 15-minute Grocery Delivery
DART, a Manila-based quick-commerce provider, plans to tap the underserved online grocery market to grow its presence in the country as it banks on its 15-minute guarantee of ...
US-based Hematogenix’s Oncology Lab to Boost R&D in Local Pharmaceutical, Healthcare Industries
Hematogenix, a US-based global clinical research central laboratory specializing in oncology (cancer research) has established the first central oncology laboratory for ...
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