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
United Microelectronics Corporation to Build New Wafer Fab Plant in Singapore
United Microelectronics Corporation (UMC), a global semiconductor foundry, announced that it would be building a new USD 5 billion advanced manufacturing facility next to its ...
US Companies Accelerate Digital Transformation in Thailand
The US Trade and Development Agency (USTDA) recently highlighted its commitment to supporting next-generation Wi-Fi and connectivity in Thailand. Working in partnership with ...
Thales to Provide Digital Communications and Technological Supervision to Metro Manila’s First Underground Subway
The Metro Manila Subway is one of the Philippines’ largest infrastructure projects aimed at creating an efficient rail system in the world’s most densely populated city. As ...
Thailand Witnesses Booming Investment in Several Sectors, Approves New Bio-economy Incentives
Thailand's Board of Investment (BOI) has recently revealed that the total number investment applications received in 2021 rose by close to 60% boosted by foreign investment ...
Thailand to Issue Guidelines for Digital Banks
Thailand is preparing rules for the setting up of virtual banks, joining peers in the region such as Singapore and Malaysia in promoting financial technology to enhance ...
Thailand Releases New Incentives for Electric Vehicles
The government of Thailand has recently approved a new set of incentives targeting the electric vehicles (EVs) sector, including lower excise tax and import duties on auto ...
Thailand Launches its First Virtual Healthcare Center
Thai hospital Meta Med is collaborating with Synphaet Hospital and Metaverse Thailand to launch a new alternative center for medicine, the first of its kind in Thailand. The ...
Thailand Greenlights its First International Air Show
The Thai government has just approved plans for Thailand’s first international air show, which will be held in 2027 at the U-Tapao International Airport in Rayong, located in ...
Thai Utility Launches Tender for Project Combining Hydro, Floating PV and Storage
Thailand's state-owned utility Electricity Generating Authority of Thailand (EGAT) has recently issued a tender for the construction of a hybrid power combining hydro, ...
N²RTU Offers Personalized Nutrition Approach to Growing Obesity Issues in Malaysia
The Nutrigenetics and Nutrigenomics Research and Training Unit (N²RTU) has been launched in Malaysia, specializing in knowledge and technology transfer in the field of ...
More Green Energy, Zero Carbon Investments into Malaysia
The Malaysian government is working on a framework to meet its 2050 net-zero emissions goal which includes exploring a voluntary carbon market, carbon pricing mechanisms such ...
Pertamina Indonesia to Increase Oil and Gas Output by 17%
Indonesian energy company PT Pertamina Hulu Energi plans to increase its oil and gas output in 2022 by 17%, reaching 1.04 million barrels of oil equivalent per day, including ...
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