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
Tender for Five Vegetable Farming Sites Launched to Boost Singapore’s Food Resilience
The Singapore Food Agency (SFA) recently announced the launch of a tranche of 5 land parcels for vegetable farming in the Lim Chu Kang and Sungei Tengah area, with public ...
Malaysia to Procure New Assets for Armed Forces and Border Control Authority
The Malaysian Defence Ministry (MINDEF) is set to receive MYR 19.7 billion (USD 4.2 billion) in the Budget 2024 allocation, while the Malaysian Home Ministry will be ...
VCI Global, Agroz to Build Large-Scale AI Smart Greenhouses in Malaysia
VCI Global Limited, a Nasdaq-listed tech and business consulting group has announced a strategic partnership with Agroz Group Sdn Bhd, a leading Malaysian indoor vertical ...
MDEC Surpasses National Target, Reaches USD 23 Billion in Digital Technology Investment
The Malaysian Digital Economy Corporation (MDEC), a key government agency driving digital transformation, has announced that it has exceeded expectations by facilitating MYR ...
UAE’s Masdar Commits USD 8 Billion Investment in Malaysia’s Renewable Energy Development
Malaysia is set to expedite its shift towards renewable energy with an investment of USD 8 billion from Masdar, one of the world's leading renewable energy companies based in ...
MITI Launches i-ESG Framework for Sustainable Manufacturing in Malaysia
The Malaysian Ministry of Investment, Trade, and Industry (MITI) has introduced the National Industry Environmental, Social, and Governance Framework (i-ESG Framework) Phase ...
SMITH Collaborates with EXIM Bank to Establish Medical Glove Manufacturing Plant in Sarawak
The Sarawak Medical Innovation Technology Hub Sdn Bhd (SMITH) has inked an agreement with the Export-Import Bank of Malaysia Bhd (EXIM Bank) to develop a medical glove ...
NTT Ltd and Princeton Digital Group Propel Malaysia’s High-Tech Infrastructure Growth
Malaysia continues to attract strategic high-tech projects, particularly data centers, positioning the country as a digitally connected nation with robust digital ...
Malaysia Sets 5G Milestones as Petronas Leads with Private Network, DNB Alliance Achieves World’s Fastest Trial
Malaysia is undergoing a digital transformation with groundbreaking 5G technology, exemplified by Petronas as the first to adopt a private 5G network. Additionally, a ...
LONGi Injects USD 385 Million Into Serendah Module Plant, Elevating Malaysia’s Sustainable Energy Sector
LONGi Malaysia Sdn Bhd, a subsidiary of the world-leading photovoltaic panel manufacturer LONGi Green Energy Technology Co. Ltd, has officially inaugurated its Serendah ...
Signify and MJT Open Malaysia’s First Philips Professional Lighting Concept Store
Signify, a leading global lighting company headquartered in the Netherlands, has introduced Malaysia's first Philips Professional Lighting Concept Store at Tabuan Tranquility ...
Thailand Launches Smart Drone Project for Rural Communities
The Bangkok Post recently reported that Thailand’s Digital Economy and Society (DES) Ministry intends to commence a drone project for communities nationwide with the goal of ...
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