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

Plant-Based Retail Products are Expanding in Malaysia

Plant-Based Retail Products are Expanding in Malaysia

Companies are expanding their plant-based products in Malaysia as local consumers exhibit rising interest in plant-based alternatives. This will provide them with greater ...
Malaysia And UK Ink New Partnership on Climate Action

Malaysia And UK Ink New Partnership on Climate Action

A Memorandum of Understanding (MoU) was signed by the UK and Malaysia to promote bilateral cooperation on climate action. The MoU offers a framework for cooperation between ...
Indonesia and UK Agree to Intensify Renewable Energy Cooperation

Indonesia and UK Agree to Intensify Renewable Energy Cooperation

On the sidelines of the G7 Summit in Elmau, Germany, the Indonesian President and the Prime Minister of the United Kingdom spoke bilaterally. During the meeting, the two ...
Hong Seng Consolidated, Eocell to Set Up Regional EV Battery Production Plant in Malaysia

Hong Seng Consolidated, Eocell to Set Up Regional EV Battery Production Plant in Malaysia

Malaysia’s leading equipment manufacturer, Hong Seng Consolidated, (HSC) and California-based battery developer, EoCell have signed a memorandum of understanding (MoU) to ...
US Company Partners with Indonesia´s Telecom Carrier to Accelerate 5G Rollout

US Company Partners with Indonesia´s Telecom Carrier to Accelerate 5G Rollout

Juniper Networks, an American leader in secure, AI-driven networks, announced that XL Axiata, one of Indonesia's largest mobile telecommunications carriers, will upgrade its ...
J&T Express to Boost Malaysia’s Logistics Infrastructure Via USD 134 Million Investment

J&T Express to Boost Malaysia’s Logistics Infrastructure Via USD 134 Million Investment

Indonesia’s headquartered logistics company, J&T Express (J&T) is spending MYR 600 million (USD 134 million) to purchase land and develop a new warehouse facility in ...
Sarawak State Keen to Partner with Brunei, Indonesia and South Korea in Sustainable Aviation Fuel Venture

Sarawak State Keen to Partner with Brunei, Indonesia and South Korea in Sustainable Aviation Fuel Venture

The state government of Sarawak, the largest state in Malaysia, is exploring sustainable aviation fuel (SAF) to sustainably produce jet fuel and reduce aviation carbon ...
Sunway XFarms will Launch the Largest Indoor Vertical Farm in Kuala Lumpur

Sunway XFarms will Launch the Largest Indoor Vertical Farm in Kuala Lumpur

The largest indoor vertical farm in Kuala Lumpur will be unveiled in the third quarter of 2022 by Sunway XFarms, a Malaysia-based agritech firm and subsidiary unit of Sunway ...
US Cybersecurity Firm Fortinet Expands and Increases Investment in Malaysia

US Cybersecurity Firm Fortinet Expands and Increases Investment in Malaysia

Fortinet, the global integrated and automated cybersecurity solution provider from the United States is growing its presence and investment in Malaysia. The company has ...
Global Medical Device Companies Choose Malaysia for Over USD 300 Million Investment

Global Medical Device Companies Choose Malaysia for Over USD 300 Million Investment

As part of Malaysia's investment promotion goal to attract premium and high-tech medical device product manufacturers, the country has successfully secured large investments ...
Vietnam to Collaborate with Belgium on Green Energy and Port Development

Vietnam to Collaborate with Belgium on Green Energy and Port Development

The Belgian Vietnamese Alliance (BVA) and the Flanders International Technical Agency (FITA) recently held a workshop in Brussels highlining Vietnam’s potential in renewable ...
Vietnam to Anticipate Various Environmental Initiatives in Upcoming Months

Vietnam to Anticipate Various Environmental Initiatives in Upcoming Months

According to the Australian Embassy in Vietnam, a Plastics Innovation Hub was launched on June 23, to reduce waste in Vietnam through key stakeholder collaborations in ...

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