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
Korean Food Company Paldo to Introduce Pororo Kids Drinks in Indonesia
Korean food company Paldo announced plans to launch its popular Pororo children’s beverage in Indonesia this year by partnering with local distributor Indofood Group. ...
Pegatron Unveils AI and 5G Smart Factory in Partnership with Indonesia’s Leading Telecom Company
Pegatron, a global technology leader, has officially opened its new smart manufacturing facility in Batam, Indonesia. The factory integrates advanced Artificial Intelligence ...
Netherlands Allocates USD 360 Million for Indonesia’s Water Infrastructure
The Dutch government has reaffirmed its commitment to supporting Indonesia’s priority programs in water resource management, including the development of a giant sea ...
Indonesia and Estonia Forge Partnership on Data Governance and Digital Public Infrastructure
Through the Ministry of National Development Planning (PPN)/Bappenas, Indonesia is deepening its collaboration with the Estonian Government to advance its digital ...
Fullerton Health Indonesia Opens Jakarta’s First Executive Health Screening Centre
Fullerton Health Indonesia, a Singapore-based Fullerton Health Group subsidiary established in 2010, has officially launched its first Executive Health Screening Centre (EHS) ...
SGTech Launches TechConnect Asia to Boost Global-Tech Ties
SGTech, Singapore's leading technology trade association, launched TechConnect Asia, an initiative designed to bridge global technology firms with Singapore's dynamic tech ...
Temasek Trust and LKSF Fund Singapore’s First Histotripsy Cancer Trials
The Li Ka Shing Foundation (LKSF) and Temasek Trust have jointly committed SGD 9 million (about USD 6.7 million) to support the acquisition of advanced medical systems and ...
Sembcorp to Build Singapore’s Largest Floating Solar Farm for Meta
In April 2025, Sembcorp Industries announced a 25-year Renewable Energy Purchase Agreement (REPA) between its wholly owned subsidiary, Sembcorp Solar Singapore Pte Ltd, and ...
Shell Exits Singapore Refining as Chandra Asri, Glencore Take Over
In April 2025, Shell finalized the sale of its Singapore refining and petrochemical assets to a joint venture between Indonesia's Chandra Asri and Switzerland's Glencore. The ...
Cargill Unveils Transformed Innovation Center in Singapore
Cargill unveiled its transformed Innovation Center in Singapore on April 10, 2025, marking a significant milestone in advancing food innovation for Asia. Supported by the ...
US Tariffs Challenge Singapore’s Trade, Finance, and Manufacturing
In April 2025, the United States (US) imposed a 10% tariff on nearly all imports, including those from Singapore, under the International Emergency Economic Powers Act. ...
Singapore Navy Successfully Tests Aster Missile Amid Major Frigate Upgrades
In April 2025, the Republic of Singapore Navy (RSN) successfully conducted a live-fire test of an Aster 15 surface-to-air missile from its lead Formidable-class frigate, RSS ...
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