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

DOST Boosts Investment in Cutting-edge Omics R&D

From 2013 to 2020, the Philippine Department of Science and Technology-Philippine Council for Health Research and Development (DOST-PCHRD) has invested more than PHP 995 ...

Quezon City and Legazpi City Moving Forward with Waste Management Projects

Amidst calls pushing for the adoption of waste-to-energy technology (WTE) for waste management in the Philippines, a series of development has happened in the sector ...

Philippines to Begin Importing LNG in 2022

The Philippines’ Department of Energy (DoE) has reported that the country is expected to start importing Liquefied Natural Gas (LNG) next year following the imminent ...

Upgraded Siquijor Airport and Seaport to Promote Development

Economic and tourism activities in Siquijor, are expected to recover from the COVID-19 pandemic as Philippine Department of Transportation (DOTr) Secretary Art Tugade led the ...

Cavite Sets Bid Submission Deadline for Sangley Point International Airport

The Provincial Government of Cavite (PGC) has set September 20, 2021, as the deadline for the submission of bid proposals for the development of Sangley Point International ...

Solar-Powered Irrigation System Worth USD 200,000 Provided to Quezon Farmers

Department of Agrarian Reform (DAR) in collaboration with the National Irrigation Administration (NIA), constructed and turned over a solar-powered irrigation system (SPIS) ...

Retailers Taking to BNPL Platforms

The Covid-19 pandemic has contributed to the development of “Buy Now, Pay Later” (BNPL) segment in Malaysia, as retailers who have been impacted by long lockdowns turned to ...

Schott AG Establishes International IT Competence Center in Malaysia

Schott AG, a German multinational manufacturer of high-tech materials for specialty glass, has set up Schott Asia IT Services Sdn Bhd (SAITS) in Kuala Lumpur as its ...

IJM Constructions Awarded Contract for East Coast Rail Link Project

IJM Construction, a wholly-owned subsidiary of IJM Corp Bhd, a Malaysia-based leading infrastructure, property, manufacturing, and plantations company has been awarded a ...

MDEC Launches Global Technology Grant

During its Malaysia Tech Month 2021 in August, the government's digital promotion agency, Malaysia Digital Economy Malaysia (MDEC) introduced the Global Technology Grant ...

Iconic Worldwide Diversifies PPE Product Line to Generate Higher Revenue

In response to the recent spike in demand, Iconic Worldwide Bhd (IWB), a Malaysian property, tourism, and healthcare supply company has planned to expand its range of ...

JFE Engineering, Berjaya Group to Develop Hazardous Waste Treatment Center in Malaysia

Japan-based J&T Recycling Corporation and JFE Engineering’s local subsidiary, JFEE Malaysia have invested in Berjaya Alam Murni Sdn. Bhd. (BAM), a Berjaya Corporation ...

Singapore-based Jadestone Energy Becomes the Latest Upstream Investor in Malaysia

Jadestone Energy, a Singaporean independent oil and gas production company has acquired Malaysia-based SapuraOMV Upstream (PM) Inc’s assets in offshore Peninsular Malaysia. ...

Manufacturing Sector Largest Recipient of FDI in 2Q 2021

In the second quarter of 2021, Malaysia has registered around 325 foreign investment projects in the manufacturing and services sectors. with an estimated total investment ...

Malaysia Airlines, GE Digital Collaborate on Fuel Analytics

Malaysia Airlines (MAS), the country’s flagship carrier will be implementing GE Digital's Fuel Insight and FlightPulse aviation software to overhaul and modernize its ...

FGV, Felcra and Baladna Food to Double Dairy Production in Malaysia

FGV Holdings Berhad, Malaysia’s leading agri-commodities firm through its subsidiary, FGV Integrated Farming Sdn Bhd (FGVIF) has inked a collaboration with FELCRA Bhd, a ...

Cloud Kitchens Poised to Grow in Indonesia

Due to the Covid-19 pandemic, Indonesia has witnessed a series of lockdowns and social restrictions which prompted as many as 1,600 food establishments to close their doors. ...

Indonesian to Establish Center for Laptop Production

The Indonesian Ministry of Industry has announced plans to create an Engineering Center for laptop production, in order to build a market for domestically produced laptops ...

Explore Our Services