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

Ericsson Malaysia Appointed to Build 5G Infrastructure

Digital Nasional Bhd (DNB), the government-owned special purpose vehicle (SPV) that is undertaking the deployment of the 5G infrastructure and network nationwide, announced ...

Construction of Long Thanh Airport to Be Completed by March 2025

The Minister of Transport of Vietnam has set March 2025 as the deadline for the first phase of the Long Thanh International Airport project. As a result, the pilot operation ...

Singapore’s Punggol Digital District Welcomes International Tech Players

Singapore's Punggol Digital District is positioning itself as the location of choice for technology companies. Four international companies have confirmed their plans to set ...

Philippines Data Centers Demand Surge Fueled by E-commerce

The Philippines is entering the spotlight as one of the emerging Data Center (DC) markets in Southeast Asia with high growth alongside Malaysia and Thailand. Various firms ...

DTAC Launches 5G Private Network for Thai Enterprises

In July 2021, Thai telecommunication company DTAC announced the launch of its proof-of-concept 5G Private Network solution. The solution is envisaged to help enterprises ...

Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk

Digital Edge Singapore Holdings' wholly-owned subsidiary, Digital Edge (Hong Kong) Ltd., has acquired a controlling interest in one of the leading digital infrastructure ...

Central Banks of Malaysia and Thailand Launch Cross-Border QR Payment Linkage

The central banks of Malaysia and Thailand have collaborated to launch a cross-border Quick Response (QR) payment linkage which enables consumers and merchants in both ...

Apple Strengthens its Supplier Chain in Vietnam

Hundreds of thousands of workers are employed in Vietnam by Apple´s suppliers, such as Foxconn and Wistron. These players have been investing heavily in Vietnam since the ...

South Korea to Develop Income Model for Indonesia’s Peatlands

While Indonesia maintained its headline target to lower greenhouse gas emissions by 41% by 2030 with international assistance, the country has recently updated its adaptation ...

Singapore’s Choa Chu Kang Waterworks Water Treatment Plant to be Fully Automated

Binnies, an engineering design and consultancy company owned by RSK Group, has been awarded a tender of SGD 28.8 million (USD 21.25 million) by PUB, Singapore’s National ...

One Bangkok and SCG to Collaborate on Sustainable Construction Management

One Bangkok, the largest private sector property development in Thailand, just signed a Memorandum of Understanding (MoU) with Siam Cement Group (SCG), the largest cement and ...

Nestlé Vietnam and La Vie Collaborate on Water Resource Management

Nestlé Vietnam and Nestlé Waters' bottled water brand La Vie have announced plans to enhance their cooperation in sustainable water resources management and ...

BEST Opens First Sanitary Landfill Project under Private-Public Partnership with Passi City Government

Basic Environmental Systems and Technologies, Inc. (BEST), a unit of publicly-listed IPM Holdings, a leading contractor and consulting company for waste management in the ...

Australia’s TNG and Malaysia’s AGV Energy to Produce Vanadium Redox Flow Batteries Using Green Hydrogen Technology

TNG Ltd, an Australian resource and mineral processing technology company, has announced a new green energy partnership with Malaysian technology and green energy company, ...

Super Energy Corporation to Build Thailand’s First Hybrid Power Plant

Thai company Super Energy Corporation has announced plans to develop the country's first power plant based on hybrid renewable resources. According to Super Energy ...

Solar Energy Developments in the Philippines

Many companies are currently ramping up the development and construction of several large-scale solar projects nationwide ever since the Philippine government has unveiled ...

Singapore Eyes Low-Carbon Hydrogen and CCUS to Meet Climate Action Commitments

The Singapore government plans to incorporate low-carbon hydrogen and carbon capture, utilization and storage (CCUS) technologies as part of its efforts to meet commitments ...

Risen Energy’s USD 10 Billion Solar Module Manufacturing Investment

The government of Malaysia has granted China-based global solar PV leader, Risen Energy Co Ltd the approval for manufacturer's license with a total investment of MYR 42.2 ...

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