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

Singhealth to Test Trial Facial Recognition System for Hospital Visitors

Singhealth to Test Trial Facial Recognition System for Hospital Visitors

SingHealth has announced the testing of a facial recognition system for visitors to Outram Community Hospital (OCH) and SingHealth Tower, both located in the Singapore ...
MSD Launches New Manufacturing Facilities in Singapore for Innovative Medicines and Vaccines

MSD Launches New Manufacturing Facilities in Singapore for Innovative Medicines and Vaccines

American Pharmaceutical Company Merck & Co. (MSD) recently announced the opening of a new secondary packaging facility in Singapore. The facility is expected to support ...
Vopak Singapore to Expand Ammonia Infrastructure for Low-Carbon Power and Bunker Fuel

Vopak Singapore to Expand Ammonia Infrastructure for Low-Carbon Power and Bunker Fuel

Vopak Singapore, a joint venture between renewable energy company Royal Vopak and the Port of Singapore Authority Corporation, announced in late October 2022 that it is ...
Singapore Sets Up Ransomware Task Force to Combat Rising Threats to Businesses

Singapore Sets Up Ransomware Task Force to Combat Rising Threats to Businesses

During the Singapore International Cyber Week, held in October 2022, the Singapore Government announced that it has set up an inter-agency counter-ransomware task force to ...
Singapore’s Retail Industry Transformation Map Updated to Focus on Local Brands, Innovation and Talent

Singapore’s Retail Industry Transformation Map Updated to Focus on Local Brands, Innovation and Talent

In October 2022, Singapore launched the updated industry transformation map (ITM) for the retail sector, one of 23 sectorial ITMs to be refreshed. The refreshed roadmap is ...
Retail Giants to Expand Presence in Vietnam

Retail Giants to Expand Presence in Vietnam

Large retailers are expanding their presence in Vietnam, which is expected to rank among the top 10 consumer markets in the world this decade.  The Japanese clothing ...
Hira Industries to Open New Manufacturing Plant in Vietnam

Hira Industries to Open New Manufacturing Plant in Vietnam

Hira Industries, a Dubai-based company specializing in manufacturing products for the construction industry, has just announced plans to launch a new manufacturing plant in ...
Ho Chi Minh City to Launch Key Traffic Works

Ho Chi Minh City to Launch Key Traffic Works

According to the local Department of Transport, Ho Chi Minh City is speeding up preparations to begin construction of important traffic works at gateways, possibly launching ...
Vietnam’s Banks and Financial Institutions in Need of Enhancing Cyber Defense

Vietnam’s Banks and Financial Institutions in Need of Enhancing Cyber Defense

Vietnamese experts recently gathered to exchange knowledge in cyber security for the banking and financial sector during DF Cyber Defense 2022. The event was co-organized by ...
Hybrid Glaucoma Class Launched by Hanoi Eye Hospital and Novartis

Hybrid Glaucoma Class Launched by Hanoi Eye Hospital and Novartis

The Glaucoma Hybrid Patient Class, a hybrid patient education model combining in-person and online platforms, was introduced on October 2022 by the Hanoi Eye Hospital and ...
Finland to Support Vietnam with Climate Change Technologies and Strategies

Finland to Support Vietnam with Climate Change Technologies and Strategies

On October 2022, Tran Hong Ha, Vietnam's Minister of Natural Resources and Environment, had a meeting with Antti Kurvinen, Finland's Minister of Agriculture and Forestry, to ...
Vietnam to Open Bilateral Power Purchase Agreements for Renewable Energy

Vietnam to Open Bilateral Power Purchase Agreements for Renewable Energy

Since 2020, the Vietnamese government has been working on a plan to permit bilateral power purchase agreements (PPAs). A pilot scheme for renewable energy is expected to ...

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