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
Thailand Post Transitions to Digital Logistics Solutions
Thailand Post Co Ltd is transitioning into an information logistics provider as part of its digital transformation strategy. The company plans to offer comprehensive digital ...
Leading Thai Logistic Company to Invest in AI for Green Solutions
WHA Corporation, Thailand’s leading developer of built-to-suit logistics facilities, is increasing its investment in artificial intelligence (AI) to enhance its green ...
South Korean Company Signs Agreement to Distribute Medical AI Solutions to Thailand
South Korea’s Heuron has signed a distribution agreement to deliver its medical AI solutions to Thailand. The agreement involves a partnership with Medhealth ...
Thailand’s New Public Sector Energy-saving Plan Targets to Save 585 Million kWh
The Thai government is launching an energy-saving program targeting public sector agencies to reduce the country’s overall energy consumption. The initiative, managed ...
Thailand Introduces New Incentives for Auto Parts Joint Ventures
Thailand has introduced a new incentive program to encourage joint ventures (JVs) between Thai and foreign companies in the automotive parts manufacturing sector. This ...
South Korea’s KAI to Launch MRO Center for T-50TH Aircraft in Thailand
In August 2024, Korea Aerospace Industries (KAI) of South Korea and Thai Aviation Industries (TAI) of Thailand signed a Memorandum of Understanding (MoU) to enhance ...
American and Indonesian Companies Collaborate to Enhance Digital Healthcare in Indonesia
US-based data management company InterSystems has partnered with Indonesian electronic medical record (EMR) provider Zi.Care to deliver services through the InterSystems IRIS ...
Indonesian Telco Indosat and Huawei Complete Core Network Consolidation to Enhance Mobile Communication
Indosat Ooredoo Hutchison has completed a core network consolidation project in Jakarta in collaboration with Huawei, a global ICT solution provider. This project aims to ...
Finnish Company Supports Indonesia Enhancing Airport Weather Safety
Finnish measurement technology company Vaisala has signed a EUR 25 million contract (approximately USD 27 million) with Indonesia’s Agency for Meteorology, Climatology, ...
MINISO Opens Largest Store in Jakarta Amidst Booming Indonesian Retail Market
MINISO is set to open its largest store, MINISO Land, at Jakarta’s Central Park Mall. This new flagship location will be the biggest of its 6,600 stores globally, ...
Vietnamese EV Manufacturer Launches First Assembly Plant in Indonesia
VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, held a groundbreaking ceremony on July 15, 2024, for its first assembly plant in Subang, West Java. The ...
Evonik Expands Production Capacity for DL-methionine in Singapore
Evonik’s recent expansion of its methionine production facility on Jurong Island adds 40,000 tonnes to its annual output, bringing the total capacity to 340,000 tonnes per ...
FairPrice Partners with Lotte Retail to Bring More Korean Products to Singapore
Singapore’s FairPrice Group (FPG) has signed a partnership agreement with South Korea’s Lotte Retail, marking the first collaboration between the two retail giants in ...
LTA Launches Major Bus Network Expansion to Boost Connectivity and Accessibility Across Singapore
The Land Transport Authority (LTA) has announced the launch of the Bus Connectivity Enhancement Program (BCEP), aimed at improving Singapore’s public bus network to ...
Databricks Establishes Singapore as its Asia Pacific Hub
Databricks has officially established Singapore as its regional headquarters for the Asia Pacific and Japan (APJ) region, with plans to expand its workforce in the country ...
National Survey Shows Healthier Lifestyle Trends Among Singapore Residents
The recently released National Population Health Survey (NPHS) 2023 by Singapore’s Ministry of Health highlights encouraging improvements in several lifestyle and ...
Singapore Lays Groundwork for Low-Carbon Hydrogen Integration in Future Energy Strategy
Singapore is advancing its plans to integrate low-carbon hydrogen into its energy mix, aiming to establish a framework of policies and laws to support the fuel’s future ...
Singapore and the US Sign Landmark 30-Year Civil Nuclear Cooperation Agreement
Singapore has taken a significant step in its energy future by signing a 30-year civil nuclear cooperation agreement with the United States. The agreement, known as the 123 ...
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