ASEAN 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

Malaysia Unveils High Impact Agri-Tech Strategy Under 13th Malaysia Plan

Malaysia Unveils High Impact Agri-Tech Strategy Under 13th Malaysia Plan

The Malaysian government has greenlit a strategic allocation of MYR33 million (USD 8.34 million) under the 13th Malaysia Plan (13MP) to drive high-impact agricultural ...
Malaysia’s First High-Automation Ammunition Factory Announces 130 Million Round Annual Capacity

Malaysia’s First High-Automation Ammunition Factory Announces 130 Million Round Annual Capacity

Ketech Asia Sdn. Bhd., a defense manufacturer headquartered in Malaysia, has announced that its high-automation ammunition facility in Pahang state is now operating at full ...
Malaysia’s Services Trade Surges 9.2% to USD 137.47B, Breaking Decade-Long Deficit

Malaysia’s Services Trade Surges 9.2% to USD 137.47B, Breaking Decade-Long Deficit

Malaysia’s services sector has achieved a historic milestone by recording a trade surplus of MYR 1.15 billion (USD 290 million) in 2025, ending a 13-year deficit streak. ...
Petronas and Qatar Energy Sign Landmark 20-Year LNG Supply Deal Worth USD 15 billion

Petronas and Qatar Energy Sign Landmark 20-Year LNG Supply Deal Worth USD 15 billion

Qatar’s national energy giant, QatarEnergy, has entered into a historic 20-year Sale and Purchase Agreement with Malaysia’s state energy firm, Petronas, to supply two million ...
Malaysia to Establish 200 Low Carbon Zones by 2030 to Drive Green Economic Growth

Malaysia to Establish 200 Low Carbon Zones by 2030 to Drive Green Economic Growth

The Malaysian Ministry of Natural Resources and Environmental Sustainability (NRES) has unveiled a strategic mandate to establish 200 low carbon zones across Malaysia by ...
Japan’s Menicon Inaugurates USD 252 Million Smart Factory in Malaysia

Japan’s Menicon Inaugurates USD 252 Million Smart Factory in Malaysia

Menicon Malaysia Sdn. Bhd., a wholly owned subsidiary of Japan-based Menicon Co., Ltd., has officially launched its new MYR1 billion (USD 252 million) manufacturing plant at ...
World Bank’s IFC Invests USD 40 Million in Malaysia’s Zetrix Ai to Accelerate Regional Digital Infrastructure

World Bank’s IFC Invests USD 40 Million in Malaysia’s Zetrix Ai to Accelerate Regional Digital Infrastructure

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a MYR 155.6 million (USD 40 million) equity investment in Zetrix AI ...
Hitachi Rail and Prasarana Ink Strategic Pact to Modernize Malaysia’s Urban Rail Ecosystem

Hitachi Rail and Prasarana Ink Strategic Pact to Modernize Malaysia’s Urban Rail Ecosystem

Hitachi Rail and Prasarana Malaysia Berhad, the nation's primary public urban transport operator, have signed an Industrial Collaboration Program (ICP) agreement. The ...
Taiwan’s Chipbond Launches USD 200 Million Advanced Packaging Hub in Penang

Taiwan’s Chipbond Launches USD 200 Million Advanced Packaging Hub in Penang

Chipbond Technology Corporation, a Taiwan-based semiconductor packaging and testing provider, officially inaugurated its new advanced manufacturing facility in Valdor ...
McDonald’s Malaysia Announces USD 252 million Expansion Drive to Fuel Growth And Digital Evolution

McDonald’s Malaysia Announces USD 252 million Expansion Drive to Fuel Growth And Digital Evolution

McDonald’s Malaysia has unveiled a high-impact MYR1 billion (USD 252 million) investment strategy spanning the next five years, aimed at aggressively scaling its physical and ...
Local Fish Farms to Receive Improved Support and Better Quality Livestock to Raise Productivity

Local Fish Farms to Receive Improved Support and Better Quality Livestock to Raise Productivity

The Ministry for Sustainability and the Environment (MSE) has announced plans to strengthen support for local farms as part of broader efforts to enhance food resilience by ...
Singapore to Establish National Space Agency to Drive Growth in Space Sector

Singapore to Establish National Space Agency to Drive Growth in Space Sector

The Singapore Government has announced the establishment of the National Space Agency of Singapore (NSAS), which will begin operations in April 2026 under the Ministry of ...
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