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
Managed IT Services Firm Exeo Global Expands into Singapore
In July 2023, Japanese-managed IT firm Exeo Group officially opened its new global headquarters in Singapore, with the country’s strategic location, business-friendly ...
Thomson Medical buys Vietnam’s Largest Private Hospital for USD 380 million
Singapore-listed Thomson Medical Group (TMG) has announced that it had purchased FV Hospital, Vietnam’s largest private healthcare group, for USD 380 million. The purchase is ...
Singapore to Adopt Electric Harbor Craft
In mid-July, the Maritime and Port Authority of Singapore (MPA) issued an Expression of Interest (EOI) for companies to submit proposals to design and promote the adoption of ...
New Hydrogen-Ready Plant to be Built by 2026 in Singapore
The Energy Market Authority (EMA) has announced plans to increase its generation capacity over the next five years to meet Singapore’s growing demand for electricity, but ...
Singapore and Malaysia to Study Feasibility of a Special Economic Zone in Johor
In mid-July, Singapore announced that it would be setting up a task force with Malaysia to study the feasibility of opening a special economic zone in Johor. The ...
Singapore Start-Ups to Explore New Frontiers in Space Tech
Despite the country’s size, Singapore has seen steady growth in its space industry, with the country sending up over 20 satellites to space since 2011, 3 of which were ...
New Program Ensuring Safety of Lab-Grown Meat from Contamination to be Launched in Singapore
During the Create Symposium in August, the Singapore National Research Foundation (NRF) announced the launch of the Bioengineering Tools for Next-Generation Cellular ...
Velum Labs Signs Deal with NACSA to Strengthen Malaysia’s National Cyber Defense
Malaysia is making substantial advancements in bolstering its cybersecurity defenses through a partnership between Velum Labs Sdn Bhd, a subsidiary of the Sapura Group ...
Malaysia Introduces ‘MADANI Economy’ Framework
Malaysia’s Prime Minister, Anwar Ibrahim, introduced the ‘MADANI Economy: Empowering the People’ as a transformative economic framework aimed at uplifting the nation's status ...
Malaysia’s Energy Transition Roadmap Targets Sustainable Growth
Malaysia has launched Phase 1 of the National Energy Transition Roadmap (NETR), highlighting 10 primary catalyst projects. These initiatives present potential energy ...
Petronas’ Gentari and Singapore’s Sembcorp Collaborate on Low Carbon Energy Solutions
Gentari, Petronas's renewable energy division, has teamed up with Singapore's Sembcorp Industries to foster collaborations in the clean energy realm, with a spotlight on ...
Ramsay Sime Darby Health Care Partners with Annalise.Ai and AWS to Implement AI Solution
Ramsay Sime Darby Health Care (RSDH), one of Malaysia’s largest private healthcare providers has collaborated with the Australian radiology AI firm Annalise.ai, backed by ...
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