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

Coach Expands Coffee Shop Concept with Third Malaysian Outlet

Mar 2025 Malaysia, Retail/FMCG

Luxury leather goods brand Coach is expanding its hospitality venture with the launch of its third Coach Coffee Shop in Malaysia, its first within a commercial mall. ...

ASE Expands Presence in Malaysia with Fifth Semiconductor Facility in Penang

Mar 2025 Malaysia, Manufacturing

Taiwan-based ASE Technology Holding Co Ltd, the world’s largest provider of outsourced semiconductor assembly and testing services, has officially opened its fifth facility ...

Malaysia Sets 2028 Target for National Remote Sensing Satellite Operations

Mar 2025 Malaysia, Infrastructure

The Malaysian Ministry of Science, Technology, and Innovation has announced that the National Remote Sensing Satellite Development Programme (PSPJN) is scheduled to begin ...

Petronas and Partners Drive Next-Gen 5G Solutions with New R&D Lab

Mar 2025 Malaysia, ICT

Malaysia’s state-owned energy giant Petronas, in collaboration with its education arm Universiti Teknologi Petronas (UTP) and TM One, the enterprise solutions arm of Telekom ...

Singapore’s Black Group to Invest USD 74 Million in Medical-Hospitality Facility in Kuala Lumpur

Mar 2025 Malaysia, Healthcare

Singapore-based Black Group Investment Holding is investing USD 74 million to develop a cutting-edge medical and hospitality facility in Kuala Lumpur’s Golden Triangle. The ...

Malaysia’s Selangor State Invests in Water Treatment Plants and Infrastructure

Mar 2025 Malaysia, Environment

The Selangor government is intensifying efforts to secure a sustainable water supply by developing a new water treatment plant (WTP) and enhancing existing infrastructure. ...

Australia’s EXAL Group and Solarvest Partner to Advance Clean Energy in Malaysia

Mar 2025 Malaysia, Energy

Australia’s property developer EXAL Group has partnered with Malaysia’s publicly listed clean energy company, Solarvest Holdings Berhad, to incorporate sustainable energy ...

Malaysia Secures Record of USD 80 Billion in Approved Investments for 2024

Mar 2025 Malaysia, Economy

Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong ...

UAE’s EDGE Group Expands Collaboration with Malaysia’s Ketech Asia on CAR 816 Rifle

Mar 2025 Malaysia, Defense/Aerospace

UAE-based EDGE Group has expanded its collaboration with Malaysian defense firm Ketech Asia, an advanced ammunition manufacturer and firearms solutions provider, to enhance ...

Malaysia’s Pahang State Government Strengthens Agricultural Ties with Australia Through Six MoUs

Mar 2025 Malaysia, Agrifood

The Pahang state government in Malaysia has formalized six memorandums of understanding (MoUs) with key Australian agricultural industry players. These agreements encompass ...

Polish Apples Make Their Debut in Indonesia

Mar 2025 Indonesia, Agrifood

The first shipment of Polish apples has officially entered Indonesia, marking a significant milestone for Poland, the world’s third-largest apple producer. According to the ...

Korea Aerospace Industries to Provide Training and Hire Indonesian Workers

Mar 2025 Indonesia, Defense/Aerospace

Korea Aerospace Industries Ltd. (KAI) has signed a memorandum of understanding (MoU) with Indonesian company Prima Duta Sejati to train and recruit Indonesian workers for the ...

Indonesia Greenlights Establishment of Second Sovereign Investment Fund

Mar 2025 Indonesia, Economy

Indonesia’s parliament has approved the creation of a new sovereign investment fund aimed at overseeing key state-owned enterprises (SOEs) and generating capital for domestic ...

UAE’s Masdar Expands Renewable Energy Partnership with Indonesia

Mar 2025 Indonesia, Energy

The Indonesian Coordinating Minister of Economic Affairs announced that the UAE’s state-owned energy company, Masdar, has agreed to enhance investment cooperation in ...

IBC to Establish EV Battery Recycling Plant by 2031 to Support Nickel Sustainability

Mar 2025 Indonesia, Environment

Indonesia Battery Corporation (IBC) plans to establish an electric vehicle (EV) battery recycling plant by 2031 to promote nickel sustainability and support green energy ...

Indonesia and Saudi Arabia Sign MoU to Enhance Cooperation in the Health Sector

Mar 2025 Indonesia, Healthcare

The health ministries of Indonesia and Saudi Arabia have signed a memorandum of understanding (MoU) to strengthen collaboration in healthcare, focusing on human resource ...

Swiss Fintech Company Expands APAC Presence with New Office in Indonesia

Mar 2025 Indonesia, ICT

Switzerland-based fintech company additiv has announced the launch of its new office in Jakarta, Indonesia, as part of its expansion in the Asia-Pacific region. According to ...

Indonesian Logistics Specialist Invests in Fleet Expansion to Strengthen Port Operations

Mar 2025 Indonesia, Infrastructure

Sinarmas LDA Maritime (SLM), an Indonesian shipowner and logistics provider, is aggressively expanding its fleet to bolster its domestic maritime operations. With a ...

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