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

The Philippine Department of Health to Set Up 104 Specialty Medical Center

The Philippine Department of Health to Set Up 104 Specialty Medical Center

The Department of Health (DOH) plans to establish more than 100 specialty centers this year as part of its efforts to capacitate rural facilities and make medical services ...
Vinamilk’s Product Receives Asia’s First Purity Award in 2022

Vinamilk’s Product Receives Asia’s First Purity Award in 2022

Vinamilk, a leading Vietnamese dairy brand, has announced that its Optimum Gold recently became Asia’s first dairy formula product to be awarded the Clean Label Project (CLP) ...
Thai Company Partners with American Specialist for ‘Never Frozen Fish’

Thai Company Partners with American Specialist for ‘Never Frozen Fish’

Aqquua, Thailand's leading producer of farmed grouper, has announced a new partnership with American company EverCase, a specialist offering cold-chain solutions for ...
FinVolution Forms Alliance with Indonesia’s PermataBank

FinVolution Forms Alliance with Indonesia’s PermataBank

Chinese fintech company FinVolution, through its Indonesian subsidiary AdaKami, has signed an agreement with PT Bank Permata (PermataBank). The partnership aims to promote ...
Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year ...
Southeast Asia’s Largest Energy Storage Facility Launched in Singapore

Southeast Asia’s Largest Energy Storage Facility Launched in Singapore

Sembcorp Industries (Sembcorp) and Singapore's Energy Market Authority (EMA) have officially opened the Sembcorp Energy Storage System (ESS). The Sembcorp ESS is Southeast ...
DP World Eyes Setting Up an Industrial Park in the Philippines

DP World Eyes Setting Up an Industrial Park in the Philippines

Dubai-based logistics firm DP World has expressed interest to establish an industrial park in the Philippines. This development occurred during the meeting between Philippine ...
European Businesses Relocating Operations from China to Vietnam

European Businesses Relocating Operations from China to Vietnam

According to a recent survey conducted by the European Chamber of Commerce in Vietnam (EuroCham), 41% of respondents stated that their company was moving operations from ...
New POS System Launched by BJC for the Traditional Retail Sector in Thailand

New POS System Launched by BJC for the Traditional Retail Sector in Thailand

Berli Jucker Public Company Limited (BJC), the Thai conglomerate and owner of Big C Supercenter, has launched a POS system to help Thai traditional stores (or so-called “Sho ...
Indonesia’s Bio Farma Acts to Strengthen Healthcare Ecosystem

Indonesia’s Bio Farma Acts to Strengthen Healthcare Ecosystem

Merck and Indonesia’s state-owned pharmaceutical holding company PT Bio Farma have entered a licensing agreement for the state-owned drug manufacturer to produce the MSD ...
SEA Ltd to Increase Investments, Open Cloud Computing Centre and Warehouse in Malaysia

SEA Ltd to Increase Investments, Open Cloud Computing Centre and Warehouse in Malaysia

SEA Limited (SEA Ltd), a Singapore-based e-commerce giant and the parent company of Shopee, the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, has ...
Singapore’s Tech Industry to Push Digital Trust, Talent, and Sustainability

Singapore’s Tech Industry to Push Digital Trust, Talent, and Sustainability

SGTech, a trade association for the tech industry, has proposed nine recommendations to the Ministry of Finance to develop digital trust capabilities, provide skill-based ...

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