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
Japanese Firms Enter Durian Cultivation in Malaysia
PLS Plantations’ 51%-owned unit PLS LESB has entered into an of agreement with Millennium Agriculture Technology Sdn Bhd (MAT) and its parent, MyFarm Inc Japan. The parties ...
Singapore Moves to Improve Air Traffic Management
Singapore is planning to implement a new air traffic management (ATM) system in the latter half of the decade to manage the projected increase in flights and reduce delays. ...
Demand for Pet Food Soaring in the Philippines
Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the ...
Apple Supplier BOE Technology Invests in Vietnam
BOE Technology Group, a Chinese display maker and a supplier to both Apple Inc and Samsung Electronics, intends to invest up to USD 400 million to develop two factories in ...
Thailand Inaugurates First Digital Free Trade Hub
Thailand has inaugurated its first digital free trade hub as part of a collaboration with Alibaba aimed at enhancing the logistics and e-commerce sectors. The hub is a free ...
EOTECH to Supply Holographic Weapon Sights to Indonesian Army
Known as the Tentara Nasional Indonesia (TNI), the Indonesian Military has selected American company EOTECH’s Holographic Weapon Sight (HWS) and magnifier for use by the ...
PAAB allocates MYR 1 Billion for Water Piping System
Pengurusan Aset Air Bhd (PAAB) allocates approximately MYR 1 billion each year to maintain and upgrade water piping systems throughout Peninsular Malaysia, according to Abdul ...
Singapore Ideal for Startups and Venture Capital in Asia
Looking ahead at Singapore's economy for 2023, there is a reason for optimism in the tech startup scene, especially for early-stage, deep tech companies and investors. While ...
General Atlantic Invests in Indonesian Dairy Company
US private equity firm General Atlantic has invested USD 130 million in PT Cisarua Mountain Dairy Tbk, an Indonesian dairy and food products company. Cimory has been in ...
HCMC Seaport System Requires More Effective Mechanisms
The investment in the USD 6 billion international transshipment port in Ho Chi Minh City (HCMC) is said to be confirmed while waiting for the Ministry of Planning and ...
Gov’t Reveals 2023 Priorities for the Power Sector
The Philippine Department of Energy (DOE) has unveiled its key priorities for 2023, top of which is pursuing contingency measures and activities to ensure energy supply ...
French Company Chooses Thailand for its Second Biobased Organic Acids Plant
AFYREN, a French greentech company that offers manufacturers bio-based, low-carbon ingredients produced using unique fermentation technology based on a completely circular ...
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