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
Reclamation of About 900ha of Land Off Changi Bay Expected to Start by Year End
The Housing and Development Board of Singapore (HDB) announced in July that reclamation works for about 900ha of land off Changi Bay was expected to start by the end of this ...
Pharmaceutical Company WuXi to Open USD 1.4 Billion Production and R&D Centre in Singapore
Chinese Pharmaceutical Company WuXi Biologics has announced that it aims to invest about USD 1.4 billion over the next 10 years to improve research and development plus ...
Johnson & Johnson to Partner with A*Star to Set Up Digital Eye Health Consortium
In July, Johnson & Johnson Vision (JJVision), the eye health unit of Johnson & Johnson MedTech, signed a memorandum of understanding with the Agency for Science, ...
Thailand’s CP Foods to Bet on Alternative Proteins
Thai agro-industrial and food conglomerate CP Foods is investing in alternative protein products. In a recent interview, the company´s Executive Vice President for ...
The Royal Thai Navy to Buy Seven Israeli-Made Hermes 900 Drones
It has been recently announced that the Royal Thai Navy intends to enter into an agreement to procure seven Hermes 900 UAVs from Israeli defense electronics company Elbit ...
Thailand to Offer Land Ownership for Wealthy Foreigners, Expects 1 Million Expats
The government of Thailand announced that it will allow foreigners who invest a minimum of THB 40 million baht (around USD 1 million) to purchase property and land. The ...
Thailand’s Largest Energy Conglomerate Enters LNG Sale and Purchase Agreement with US Company
Corpus Christi Liquefaction (CCL), a subsidiary of the Texas-based Cheniere Energy, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) ...
US Company’s Drones to Monitor Largest Hydro-Floating Solar Farms in Thailand
American company Percepto announced the completion of a proof-of-concept with the Electric Generating Authority of Thailand (EGAT) for the monitoring of a 250-acre floating ...
Japanese Company Eyes the Thai Orthopedic Surgery Market
Teijin, a leading Japanese chemical, pharmaceutical and information technology company, has recently revealed that it intends to target Thailand offering technologies for the ...
Thailand Announces USD 37 Billion Smart City Supporting Industrial Hub
Thailand has announced plans to build a smart city in an industrial hub near Bangkok for a total value of USD 37 billion. The initiative is already receiving investment ...
Thailand and the Other Four SEA Countries to Create a Common Contactless QR Payments Zone
The Central Bank of Thailand, together with those of four other Southeast Asian countries, recently announced to have reached an agreement to connect their payment systems by ...
Italian and British Company Partner for Graphene Supply and Innovation in Thailand
British advanced materials' group Haydale and Vittoria, and an Italian manufacturer of performance bicycle tires, entered into an agreement to collaborate on the innovation ...
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