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

Global Medical Device Companies Choose Malaysia for Over USD 300 Million Investment

Jul 2022 Malaysia, Healthcare

As part of Malaysia's investment promotion goal to attract premium and high-tech medical device product manufacturers, the country has successfully secured large investments ...

Vietnam to Collaborate with Belgium on Green Energy and Port Development

Jul 2022 Vietnam, Energy

The Belgian Vietnamese Alliance (BVA) and the Flanders International Technical Agency (FITA) recently held a workshop in Brussels highlining Vietnam’s potential in renewable ...

Vietnam to Anticipate Various Environmental Initiatives in Upcoming Months

Jul 2022 Vietnam, Environment

According to the Australian Embassy in Vietnam, a Plastics Innovation Hub was launched on June 23, to reduce waste in Vietnam through key stakeholder collaborations in ...

Malaysia Registers Fastest Growth in 28 Years as Total Trade Exceeds USD 495 Billion

Jul 2022 Malaysia, Economy

The Department of Statistics Malaysia (DOSM) announced that Malaysia’s trade value reached a new milestone in 2021 as it surpassed MYR 2.2 trillion (USD 495 billion), the ...

Vietnam to Draw More Investments from The Republic of Korea

Jul 2022 Vietnam, Economy

The Republic of Korea (RoK) has been one of the top FDI source countries in Vietnam since 2020, according to the Ministry of Planning and Investment. In the first five months ...

Hospitals in Ho Chi Minh City to Manage Organ Donation and Transplant Using Technology

Jul 2022 Vietnam, Healthcare

On June 23rd, 2022, many hospitals in Vietnam introduced the country’s first-ever software for organ donation, management, allocation, and transplantation. The software ...

ACV To Sign a Sister Airport Agreement With Società Esercizi Aeroportuali

Jul 2022 Vietnam, Defense/Aerospace

To encourage future development, the Società Esercizi Aeroportuali (SEA) of Italy and the Airports Corporation of Vietnam (ACV) have signed a sister airport agreement. This ...

Mom and Baby Products Market See a Bright Future in Vietnam

Jul 2022 Vietnam, Retail/FMCG

The retail market for mothers' and babies' items is rising in Vietnam due to the rising awareness of health issues in the country, especially among vulnerable populations ...

Beer Made from Recycled Sewage Water Wins Approval in Singapore

Jul 2022 Singapore, Retail/FMCG

Two months after it became available in supermarkets in Singapore, the 'NEWBrew' beer appears to have been well received by most consumers who have sampled it. First revealed ...

DFNN to Work Together with Nautilus in Developing Philippines’ First ‘Green Data Center’ in Bataan

Jul 2022 Philippines, Environment

DFNN, Inc. signed an MOU with Nautilus Data Technologies (Nautilus) to collaborate and jointly assist each other in projects involving the development of a data center in the ...

Vietnam’s Plan to Implement Digital Addresses for All Households by 2025

Jul 2022 Vietnam, ICT

According to Vietnam’s National Postal Development Strategy, all households in the country will have digital addresses by 2025. The strategy aims to make the postal industry ...

Vietnam to Enlarge its Expressway System by 2030

Jul 2022 Vietnam, Infrastructure

In a recent working session between Vietnam’s Prime Minister and the Ministry of Transport (MOT), it has been affirmed that building 5,000 kilometers of expressway by 2030 ...

New USD 4.65 Million Project to Reduce Costs and Increase Efficiency of Nanoparticle Manufacturing

Jul 2022 Singapore, Manufacturing

A new Singapore-based research project, called the Accelerated, Manufacturing Platform for Engineered Nanomaterials (Ample), was launched in July. Funded by Singapore’s ...

Filipino Conglomerates Invest to Build the First AI Research Hub in the Philippines

Jul 2022 Philippines, ICT

Filipino conglomerates have expressed interest in funding and building the Philippines' first National Center for AI Research (N-CAIR) which was one of the components of the ...

ADB Makes its Largest Infrastructure Financing in Asia and the Pacific Region, in the Philippines

Jul 2022 Philippines, Infrastructure

The Asian Development Bank (ADB) has just become a major proponent of one of the Philippines’ most extensive infrastructure projects, the North-South Commuter Railway ...

Philippines, Israel Sign an Investment Promotion and Protection Deal

Jul 2022 Philippines, Economy

The Philippines and Israel have vowed to strengthen bilateral economic relations by signing the Investment Promotion and Protection Agreement (IPPA), which could potentially ...

Manila City Government Opens a New USD 41 Million Hospital

Jul 2022 Philippines, Healthcare

The City Government of Manila formally inaugurated the new PHP 2.3 Billion (USD 41 million) Bagong Ospital ng Maynila on June 24, 2022, after it broke ground on June ...

Cosco Inks a Joint Venture Deal with Siam Global For a One-Stop Warehouse

Jul 2022 Philippines, Retail/FMCG

Cosco Capital, Inc. has approved and signed a joint venture agreement with Siam Global House Public Company Limited to operate a one-stop warehouse for building and ...

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