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

BOI Thailand Approves Four Large-Scale Industrial Projects Worth 30 Billion Baht

BOI Thailand Approves Four Large-Scale Industrial Projects Worth 30 Billion Baht

The Board of Investment (BOI) of Thailand approved four large-scale industrial projects in December 2019, with a total investment of THB 30.17 billion (USD 997 million). The ...
Upgraded Trade Agreement between New Zealand and Singapore Comes into Effect

Upgraded Trade Agreement between New Zealand and Singapore Comes into Effect

An upgraded Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) entered into force on 1 January 2020. The ANZSCEP, which entered into force ...
Tessa Therapeutics to Open Commercial-Scale Cell Therapy Manufacturing Facility in Singapore in 2020

Tessa Therapeutics to Open Commercial-Scale Cell Therapy Manufacturing Facility in Singapore in 2020

In December 2019, Tessa Therapeutics (Tessa), a Singapore-based clinical-stage cell therapy company focused on the development of innovative cell therapies to treat ...
Singapore Introducing New Energy Efficiency Requirements for Industrial Cooling Systems

Singapore Introducing New Energy Efficiency Requirements for Industrial Cooling Systems

The National Environment Agency (NEA) of Singapore announced in December 2019 that water-cooled chilled water systems in industrial facilities must conform to minimum energy ...
Public Sector Demand to Sustain Construction Demand in Singapore During 2020

Public Sector Demand to Sustain Construction Demand in Singapore During 2020

The Building and Construction Authority (BCA) of Singapore has released its projections for 2020. The agency projects total construction demand (value of construction ...
Pavilion Energy and Total to Jointly Develop LNG Bunker Supply Chain in Singapore Port

Pavilion Energy and Total to Jointly Develop LNG Bunker Supply Chain in Singapore Port

Pavilion Energy Singapore and Total Marine Fuels Global Solutions (TMFGS) signed a 10-year agreement on 26 December 2019 to jointly develop an LNG bunker supply chain in the ...
New Solar Deployment Target for Singapore: 2 GWp by 2030

New Solar Deployment Target for Singapore: 2 GWp by 2030

Speaking at the Singapore International Energy Week (SIEW) 2019 on 29 October, Singapore's Minister for Trade & Industry Chan Chun Sing announced that the city state is ...
New Initiative to Help Singapore Retailers Build Future Ready Workforce

New Initiative to Help Singapore Retailers Build Future Ready Workforce

In December 2020, the Singapore government launched a new initiative called the Job Redesign Place and Train Program for Retail Industry to help retailers build a ...
Mandatory Registration of Unmanned Aircraft in Singapore from January 2020

Mandatory Registration of Unmanned Aircraft in Singapore from January 2020

The Civil Aviation Authority of Singapore (CAAS) is implementing mandatory registration for Unmanned Aircraft (UA) from 2 January 2020. Any UA including radio-controlled ...
F&N Foods Building New SGD 80 Million Manufacturing Facility in Singapore

F&N Foods Building New SGD 80 Million Manufacturing Facility in Singapore

In December 2019, Singapore-based F&N (Fraser and Neave) Foods celebrated the groundbreaking of a new food & beverage manufacturing facility in Singapore. Listed on ...
21 Applications Received for Singapore’s Digital Banking Licenses

21 Applications Received for Singapore’s Digital Banking Licenses

Applications for Singapore's digital bank licenses closed on 31 December, 2019. The Monetary Authority of Singapore (MAS) announced in June 2019 that it will issue up to five ...
Telemedicine Program Launched by Department of Health in CALABARZON Region

Telemedicine Program Launched by Department of Health in CALABARZON Region

The Department of Health (DOH) in the CALABARZON Region (covering the provinces of Cavite, Laguna, Batangas, Rizal, Quezon) has rolled out a telemedicine program, in ...

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