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

Korean Food Company Paldo to Introduce Pororo Kids Drinks in Indonesia

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 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

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

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 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 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

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

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

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 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

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

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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