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

Vietnam’s Proptech Startups to Attract More Investors

Vietnam’s Proptech Startups to Attract More Investors

Since the epidemic, many real estate companies have turned to technology to promote their sales, and investments are pouring into these proptech startups to capitalize on the ...
Vietnam’s First Cargo Airline Close to Takeoff

Vietnam’s First Cargo Airline Close to Takeoff

As freight demand grows, Vietnam's Ministry of Transport has sought the Prime Minister's consent to grant a license to IPP Air Cargo, marking it to be the country's first ...
Malaysia’s Trade Outlook Remains Optimistic, Records USD 53.89 Billion in March

Malaysia’s Trade Outlook Remains Optimistic, Records USD 53.89 Billion in March

Department of Statistics Malaysia (DOSM) announced that Malaysia's total trade increased by 27.3% year-on-year (y-o-y) in March 2022, with a strong record of MYR 236.6 ...
Consortiums Led By Boost, Grab, Sea, Aeon, and KAF Awarded Malaysia’s Digital Bank Licenses

Consortiums Led By Boost, Grab, Sea, Aeon, and KAF Awarded Malaysia’s Digital Bank Licenses

Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has announced the five successful applicants for the digital bank licenses, in an effort to boost financial inclusion in ...
Philippines Attracts More Investments from US Companies

Philippines Attracts More Investments from US Companies

Several US companies have expressed interest to invest further in the Philippines, taking advantage of the incentives brought forth by recently enacted laws that liberalized ...
Airbus Boosts Support for the Philippines’ Defense Needs

Airbus Boosts Support for the Philippines’ Defense Needs

A multinational aerospace company, Airbus, sees the Philippines as an important market for the company. The country's defense market is poised to grow since the country is ...
Vietnam to Designate New Specialized Zones for Agriculture

Vietnam to Designate New Specialized Zones for Agriculture

Ho Chi Minh City (HCMC) will work with the Ministry of Agriculture and Rural Development to develop five zones in 13 provinces dedicated solely to agriculture, forestry, and ...
The Philippines’ DOST Collaborates with Australia’s RMIT on Digital Healthcare System

The Philippines’ DOST Collaborates with Australia’s RMIT on Digital Healthcare System

The Philippines' digital healthcare system gets a boost from Australia after the Philippines' Department of Science and Technology (DOST) and Australia's Royal Melbourne ...
JICA Continues to Support the PH Agriculture

JICA Continues to Support the PH Agriculture

The Japan International Cooperation Agency (JICA) extended its continued support to the endeavors of the Philippine Department of Agriculture (DA) during a courtesy call on ...
Chioson Fully Shifts to Renewable Energy by Tapping First Gen

Chioson Fully Shifts to Renewable Energy by Tapping First Gen

Chioson Group, a Cebu-based steel manufacturer and property developer is set to be a carbon-neutral firm by 2025 as it completely shifted to renewal energy by tapping First ...
Filipino Consumers Deliberate on Spending More on Retail Shopping

Filipino Consumers Deliberate on Spending More on Retail Shopping

The data from the Q1 2022 Consumer Pulse Study by TransUnion revealed a shift in spending priorities as the Philippine economy reopened early this year. Eager to move on from ...
Shizen Malaysia to Build One of the Largest Floating Solar Facilities in South East Asia

Shizen Malaysia to Build One of the Largest Floating Solar Facilities in South East Asia

Japanese EPC contractor Shizen Energy, through its local unit, Shizen Malaysia Sdn Bhd, is planning to build a 150 MW floating solar power plant in Durian Tunggam Dam, Melaka ...

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