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

RoClean Indonesia Enters Indonesia’s Oil Spill Response Industry

Mar 2025 Indonesia, Manufacturing

RoClean Indonesia, a joint venture between Denmark’s DESMI RoClean A/S and Indonesia’s PT Meredian Khatulistiwa, has entered Indonesia’s oil spill response equipment ...

Kao’s Sensai Expands in Asia with First Store in Indonesia

Mar 2025 Indonesia, Retail/FMCG

Kao Corporation has expanded its presence in Asia with the launch of its first Sensai store in Indonesia. The Japanese beauty brand’s debut counter opened in February 2025 at ...

Thailand Launches AI-powered IoT-based Smart Agriculture Platform

Mar 2025 Thailand, Agrifood, ICT

Thailand has introduced a smart farming platform, “HandySense B-Farm,” which integrates artificial intelligence (AI), the Internet of Things (IoT), and smart sensors to ...

Sweden’s Syre Group Plans Major Polyester Recycling Investment in Vietnam

Mar 2025 Vietnam, Environment

Sweden’s Syre Group has unveiled plans to invest between USD 700 million and USD 1 billion in a high-tech polyester fiber recycling facility in Binh Dinh province, central ...

Vietnam Revives Nuclear Energy Plans with Ninh Thuan Power Project

Mar 2025 Vietnam, Energy

Vietnam is accelerating its nuclear energy ambitions to complete the construction of two nuclear power plants in Ninh Thuan province by 2030. The Ninh Thuan nuclear power ...

Vietnam and New Zealand Strengthen Economic Collaboration

Mar 2025 Vietnam, Economy

Vietnam and New Zealand have elevated their bilateral ties by signing a Comprehensive Strategic Partnership agreement, marking a significant step in strengthening economic ...

Vietnam Opens LEO Satellite Market to Foreign Investment

Mar 2025 Vietnam, Defense/Aerospace

Vietnam has taken a major step in advancing its telecommunications infrastructure by approving a pilot program that allows foreign investors to participate in Low Earth Orbit ...

Brazil Expands Poultry Exports to Vietnam with New Market Openings

Mar 2025 Vietnam, Agrifood

Brazil has strengthened its presence in the Vietnamese market by securing approval for the export of chicken offal and resuming sales of chicken feet. The Brazilian Animal ...

Luxury Second-Hand Fashion Market Booms in Thailand

Mar 2025 Thailand, Retail/FMCG

Thai retailers are increasingly entering the growing market for second-hand luxury fashion, driven by the global sustainability movement. The market is expected to see annual ...

Austrian Packaging and Recycling Specialist Expands in Thailand

Mar 2025 Thailand, Manufacturing

ALPLA, a global leader in packaging and recycling from Austria, has expanded its presence in the Asia-Pacific region by opening a new plant in Chachoengsao, Thailand. This ...

Thailand Outlines Plan to Become ASEAN’s Logistics Hub

Mar 2025 Thailand, Infrastructure

The Thai government has unveiled an ambitious plan to enhance the country's transportation infrastructure, aiming to position Thailand as a key logistics hub in Southeast ...

Infineon Partners with Thai Research Agency to Drive Innovation in Thailand

Mar 2025 Thailand, ICT

Infineon Technologies Asia Pacific and Thailand Science Research and Innovation (TSRI), a government agency in Thailand, have signed a Memorandum of Understanding (MoU) to ...

Thai Healthcare Marketplace Company Receives Investment from US Partner to Expand in Southeast Asia

Mar 2025 Thailand, Healthcare

HD, a healthcare and surgery marketplace based in Thailand, has announced the completion of a Series A-1 strategic extension round, raising its total Series A funding to USD ...

Thai Navy and BIOTEC Collaborate to Combat Oil Pollution

Mar 2025 Thailand, Environment

The Royal Thai Navy and the National Centre for Genetic Engineering and Biotechnology (BIOTEC) have initiated a joint research and development project to address wastewater ...

Swedish Company Enters Distributor Agreement with Thai Installer of Solar Solutions

Mar 2025 Thailand, Energy

Swedish thin-film solar panel manufacturer Midsummer has entered into a collaboration with Eco On, a leading Thai company specializing in solar rooftop and solar carport ...

Thailand Drafts New Legislation Aiming to Become Regional Financial Hub

Mar 2025 Thailand, Economy

Thailand is taking steps to establish itself as a regional financial hub through new legislation aimed at attracting investment in key financial sectors. The Cabinet has ...

Thailand to Develop Chiang Rai as Leading Aircraft Repair Hub

Mar 2025 Thailand, Defense/Aerospace

Thailand is planning to expand its presence in the aircraft maintenance industry by developing Chiang Rai Airport (CEI) into a major Maintenance, Repair, and Overhaul (MRO) ...

Unioil and Repsol Form Strategic Partnership to Expand Lubricants Market in the Philippines

Mar 2025 Philippines, Manufacturing

Unioil Lubricants Inc. (ULI), the lubricants division of the Philippine-based Unioil Group of Companies, has entered into a strategic partnership with Spanish energy company ...

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