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
Malaysian to Construct Three Consolidation Hubs Along Pan Borneo Highway in Sabah
As part of the Malaysian Federal Government’s implementation of the Logistics and Trade Facilitation Masterplan, the Transport Ministry (MOT) is planning to construct at ...
Keppel, Facebook and Telin to Build Subsea Cable System
Keppel Telecommunications & Transportation (Keppel T&T), Facebook and Telekomunikasi Indonesia International (Telin) have entered into a joint build agreement to ...
Maspion Partners with DP World and CDPQ to Build Port and Logistics Park
Maspion Group, Indonesia’s leading conglomerate, has recenlty signed a long-term agreement with DP World, the leading provider of smart supply chain logistics and its partner ...
Vantiq and PrimusTech Collaborate on Smart Buildings and Smart Healthcare
US technology company Vantiq has announced a partnership agreement with Singapore-based Primus Tech for the development and deployment of real-time applications that further ...
NT and EEC Collaborating to Launch Thailand’s First 5G Pilot Project in Rayong
State-owned National Telecommunications Public Company Limited (NT) and the Eastern Economic Corridor (EEC), a special economic zone of three provinces in eastern Thailand, ...
Microsoft to Launch First Datacenter Region in Indonesia
Microsoft has announced that it will launch its first datacenter region in Indonesia as part of its Berdayakan Ekonomi Digital Indonesia initiative. The datacenter will ...
Malaysian Government to Work with Google Cloud for Digital Transformation Initiatives in Public Sector
In accordance with Malaysia’s National Digital Economy Blueprint (MyDIGITAL), which was released in February 2021, the Malaysian government has appointed Google Cloud as the ...
Investors Bet on the Da Nang ICT Park
The Trung Nam Group, a professional organization investing in energy, infrastructure, and real estate, has begun work on five factories worth USD 65.2 million at the Da Nang ...
Converge Sets 2021 Capex at PHP 20 billion
Fiber internet provider Converge ICT Solutions Inc. allocated PHP 20 billion (USD 413 million) in capital expenditures this year for its nationwide expansion, up from PHP 16 ...
Green Climate Fund to Accelerate Energy Efficiency Investment in Vietnam
On behalf of the Green Climate Fund (GCF), the World Bank has signed a grant worth USD 11.3 million issued to the State Bank of Vietnam (SBV) to to support energy efficiency ...
Thailand Invests in Electric Vehicles; Attracts US Specialist
Aiming for a zero-carbon future, Thailand is currently developing long-term strategies to present at the 26th session of the United Nations climate change conference (COP26), ...
Republic Cement Partners with Colgate-Palmolive Philippines to Tackle Plastic Waste
Republic Cement, a leading construction solutions provider and Colgate-Palmolive Philippines, makers of leading oral and personal care health and hygiene products, have ...
Malaysian Water Agencies to Begin Water Reclamation Initiative in Malaysia
Malaysian Water Agencies, Air Selangor in Selangor state, and Indah Water Konsortium Sdn Bhd (IWK), a company under the Ministry of Finance have signed a partnership ...
Keppel Marina East Desalination Plant Officially Opens
Singapore’s fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP), has officially opened. KMEDP is operated by Marina East Water Pte Ltd (Marina East ...
Indonesia to Partner with Germany on Green Infrastructure; Exploring Collaborations with the Netherlands
Indonesia and Germany have launched a strategic partnership to develop green infrastructure in the South East Asian country. The initiative aims to reduce carbon emissions in ...
Korean Companies Contribute to the Development of Thailand’s LGN Industry
Thai Petrochemical Industry Polene Power (TPIPP) has signed a memorandum of understanding with Korea Gas Corp (KOGAS) and Korea Western Power to cooperate for Thailand's ...
Singapore’s First Multi-Energy Filling Station
Union Gas Holdings Limited, an established provider of fuel products in Singapore, has exclusively appointed Surbana Jurong Group as part of a collaboration to study and ...
Petronas to Collaborate with ADNOC and Masdac on Energy Value Chain Solutions
Malaysia’s Fortune 500 firm, Petronas plans to partner with UAE-based Abu Dhabi National Oil Company (Adnoc) and Masdar for strategic development across the whole energy ...
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