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

Thai Retailer to Invest USD 1.38 Billion to Expand in Thailand and Vietnam Through 2027

Thai Retailer to Invest USD 1.38 Billion to Expand in Thailand and Vietnam Through 2027

Central Retail Corporation (CRC), Thailand’s largest retailer, plans to invest approximately USD 1.38 billion through 2027 to expand operations in Thailand and Vietnam. The ...
Wisconsin and Thailand Partner to Strengthen Dairy Farming Through Knowledge Exchange

Wisconsin and Thailand Partner to Strengthen Dairy Farming Through Knowledge Exchange

Wisconsin’s expertise in dairy farming is playing a key role in supporting the development of Thailand’s dairy industry through a growing partnership between the University ...
Malaysia Government Provides USD 3.3 Million Mechanization Boost for Farmers

Malaysia Government Provides USD 3.3 Million Mechanization Boost for Farmers

The Malaysian government has allocated MYR 15.9 million (USD 3.34 million) under the Agrofood Mechanization and Automation Program to modernize the country’s agricultural ...
Malaysia Launches Selangor Aero Park to Boost Aerospace and Air Cargo Ecosystem

Malaysia Launches Selangor Aero Park to Boost Aerospace and Air Cargo Ecosystem

Malaysia Airports Holdings Bhd (MAHB), the largest airports operator in the country, and Menteri Besar Selangor Inc, a state-owned investment agency, have announced the ...
Malaysia’s Investment Momentum Grows with USD 19.1 Billion Secured in Q1 2025

Malaysia’s Investment Momentum Grows with USD 19.1 Billion Secured in Q1 2025

The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency of the Malaysian government has announced that Malaysia secured MYR 89.8 ...
Malaysia Powers Forward with USD 9.2 Billion Energy Grid Upgrade

Malaysia Powers Forward with USD 9.2 Billion Energy Grid Upgrade

Malaysia, through its national utility provider Tenaga Nasional Berhad (TNB), is investing MYR 43 billion (USD 9.2 billion) to upgrade the country’s power grid in response to ...
Malaysia to Invest USD 141 Million in Second Waste-to-Energy Plant

Malaysia to Invest USD 141 Million in Second Waste-to-Energy Plant

Malaysia has unveiled plans for its second waste-to-energy (WTE) facility, to be built in Sungai Udang, Melaka state, with an estimated investment of MYR 660 million (USD 141 ...
Fujifilm Healthcare Explores Strategic Partnership with Melaka to Advance AI-Driven Medical Solutions

Fujifilm Healthcare Explores Strategic Partnership with Melaka to Advance AI-Driven Medical Solutions

Japan-based medical technology provider Fujifilm Healthcare is pursuing a potential strategic partnership with the Melaka state government as it looks to strengthen its ...
US-Based Payments Firm TNS Expands APAC Presence with New Hub in Kuala Lumpur

US-Based Payments Firm TNS Expands APAC Presence with New Hub in Kuala Lumpur

Transaction Network Services (TNS), a US-based provider of secure payment and managed network solutions, has established a new regional hub in Kuala Lumpur, Malaysia. This ...
KTC Invests USD 21 Million in New Industrial Park to Boost Operations in East Malaysia

KTC Invests USD 21 Million in New Industrial Park to Boost Operations in East Malaysia

Kim Teck Cheong Consolidated Berhad (KTC), a major distributor of fast-moving consumer goods (FMCG) in East Malaysia, has acquired a 15-acre site in the Kota Kinabalu ...
Dutch Coatings Firm AkzoNobel Launches Regional R&D Hub in Malaysia

Dutch Coatings Firm AkzoNobel Launches Regional R&D Hub in Malaysia

AkzoNobel, a Dutch multinational coatings company, has inaugurated a new research and development (R&D) facility in Nilai, located in the state of Negeri Sembilan. ...
France’s EssilorLuxottica Deepens Malaysian Footprint with Major Optical Chain Takeover

France’s EssilorLuxottica Deepens Malaysian Footprint with Major Optical Chain Takeover

France-based eyewear giant EssilorLuxottica has announced the acquisition of one of the largest optical retail companies in Malaysia. The transaction includes a portfolio of ...
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