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
Vietnam Launches USD 49 Billion Nationwide Infrastructure Initiative
Vietnam has launched or completed 250 infrastructure projects across 34 cities and provinces, representing a total investment of nearly VND1.28 quadrillion (USD 48.7 ...
Coherent Expands Vietnam Presence with USD 127 Million Dong Nai Facility
U.S. semiconductor manufacturer Coherent Corp. has inaugurated its third facility in Vietnam, located in Nhon Trach Industrial Park, Dong Nai Province, with an initial ...
Walmart Expands Supply Chain Services with Vietnam – U.S. Shipping Lane
Walmart has added Vietnam to its cross-border ocean shipping network, enabling sellers to ship goods directly from Ho Chi Minh City and Hai Phong to its U.S. facilities. ...
Dassault Systèmes and Viettel Forge Partnership to Advance AI and High-Tech Innovation in Vietnam
Dassault Systèmes and Viettel have signed a Memorandum of Understanding (MoU) to strengthen collaboration in artificial intelligence (AI), machine learning (ML), and digital ...
Thailand Launches USD 150 Million Green Loan Scheme For SMEs
Thailand is encouraging small and medium-sized enterprises to adopt environmentally sustainable practices through a new financial assistance program worth 150 million USD. ...
U Power Signs MOU To Deploy Battery-Swapping Heavy Trucks In Thailand
U Power Limited, a provider of AI-based solutions for energy grids and intelligent transportation systems, announced that it has signed a Memorandum of Understanding with ...
Thailand Advances Plans to Become Regional Electric Vehicle Hub
Thailand is continuing its strategy to establish itself as a fully integrated manufacturing hub for electric vehicles and components in Southeast Asia. The plan aligns with ...
Thailand Confirms Purchase of Gripen Aircraft From Sweden
Thailand has agreed to purchase three Gripen E and one Gripen F aircraft from Sweden, along with training, equipment, and logistical support. The announcement was made during ...
Sirio Announces New Facility in Thailand for Nutraceuticals
Sirio Pharma, a global contract development and manufacturing organization specializing in nutraceuticals, announced in a recent press release that it recorded strong revenue ...
Malaysian Coffee Chain ZUS Coffee Launches In Thailand
Malaysian specialty coffee chain ZUS Coffee has officially entered the Thailand market with the opening of two outlets in Bangkok, marking the company’s continued expansion ...
The International Finance Corporation Invests in Water Supply in Thailand
The International Finance Corporation (IFC) has invested in a blue bond issued by East Water to improve water supply reliability in Thailand’s Eastern Economic Corridor (EEC) ...
Hitachi Energy Invests 14 Million USD To Expand Transformer Factory In Thailand
Hitachi Energy, a global leader in electrification, is investing 455 million THB (14 million USD) to expand its transformer manufacturing facility in Samutprakarn, Thailand. ...
Galaxy Data Center Announces USD 2 Billion Expansion Into Thailand
Galaxy Data Center, a global provider of sustainable digital infrastructure, announced its expansion into Thailand with a planned investment of 2 billion USD. The project ...
Lampang Cancer Hospital And AstraZeneca Collaborate to Enhance Cancer Care In Thailand
Lampang Cancer Hospital and AstraZeneca Thailand announced a strategic collaboration to improve cancer treatment and patient care through advanced medical technology and ...
Indonesia, Australia Join Forces in Developing Breakthrough Antibiotic
Indonesia’s Food and Drug Authority (BPOM) is collaborating with Australian partners to fast-track the availability of a new generation of synthetic antibiotics, ...
US Seeks Key Role in Developing Indonesia’s Semiconductor Industry
Following the signing of a reciprocal tariff trade agreement, the United States has begun showing keen interest in Indonesia’s semiconductor sector. According to the ...
Telkom Indonesia Forms Partnership with Sembcorp to Develop Data Centers Across Southeast Asia
Indonesia’s state-owned telecom giant PT Telkom, through its data center arm NeutraDC, has partnered with Singapore’s Sembcorp Development Ltd. to build sustainable data ...
Japanese Company Launches New Sustainable Packaging Plant in Jakarta
Japan-based DIC Corporation has opened a new production facility in Jakarta, Indonesia, dedicated to coatings for direct food contact materials. Located within the premises ...
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