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

Singapore Attracts USD 9.5 Billion in Fixed Asset Investment in 2023

Singapore Attracts USD 9.5 Billion in Fixed Asset Investment in 2023

According to the Economic Development Board (EDB), Singapore attracted SGD 12.7 billion (USD 9.5 billion) in fixed asset investments in 2023. The chemicals sector led with ...
YTL Power International to Build Hydrogen Power Plant in Singapore

YTL Power International to Build Hydrogen Power Plant in Singapore

Singaporean energy producer YTL Power International, has secured the right to construct, own, and manage a new 600MW hydrogen-ready combined cycle gas turbine at Pulau Seraya ...
Rising Heat and Extreme Weather Projected in Singapore

Rising Heat and Extreme Weather Projected in Singapore

The Centre for Climate Research Singapore, part of the Meteorological Service Singapore (MSS), recently released the Third National Climate Change Study (V3) findings. The ...
Imperial College London Opens Centre in Singapore

Imperial College London Opens Centre in Singapore

British university Imperial College London recently opened ‘Imperial Global: Singapore’, its first overseas research and innovation hub. The center will foster collaboration ...
Singtel collaborates with NVIDIA to bring AI to Southeast Asia

Singtel collaborates with NVIDIA to bring AI to Southeast Asia

Singaporean telecommunications conglomerate Singtel has just joined the NVIDIA Partner Network Cloud Programme and will bring NVIDIA’s full-stack AI platform to enterprises ...
Singapore’s Marina Bay Sands Invests USD 750 Million for Renovation

Singapore’s Marina Bay Sands Invests USD 750 Million for Renovation

Singapore’s Marina Bay Sands (MBS), the integrated resort fronting Marina Bay, is undergoing its second phase of renovation to become a top tourist destination. MBS was ...
Pharmaceutical Giant Invests Over USD 220 Million to Expand Production in Singapore

Pharmaceutical Giant Invests Over USD 220 Million to Expand Production in Singapore

AbbVie, a leading pharmaceutical company, has initiated a new USD 223 million expansion of its manufacturing facility in Singapore's Tuas Biomedical Park. This investment ...
7-Elevens Stores in Singapore Launch Robot Deliveries

7-Elevens Stores in Singapore Launch Robot Deliveries

In Singapore, workers can now have ready-to-eat meals, drinks, and snacks delivered by robots from a nearby 7-Eleven store thanks to the solutions developed by local company ...
Malaysia to Introduce SMART Large-Scale Paddy Field (SMART SBB) by 2030

Malaysia to Introduce SMART Large-Scale Paddy Field (SMART SBB) by 2030

Malaysia's Agriculture and Food Security Minister, Datuk Seri Mohamad Sabu, outlined the ministry's ambitious plans to revolutionize rice cultivation practices in the ...
Malaysia Airlines Embarks on Fleet Expansion and Modernization in 2024

Malaysia Airlines Embarks on Fleet Expansion and Modernization in 2024

In 2024, Malaysia Aviation Group Bhd (MAG) is poised to introduce a total of 12 new aircraft, marking a significant expansion effort. This expansion marks the debut of four ...
Malaysia-Singapore Collaboration on Johor-Singapore Special Economic Zone (JS-SEZ)

Malaysia-Singapore Collaboration on Johor-Singapore Special Economic Zone (JS-SEZ)

Malaysia and Singapore have formalized a memorandum of understanding (MOU) to collaborate on the development of the Johor-Singapore Special Economic Zone (JS-SEZ). This ...
Malaysia’s Nuclear Agency and Alam Flora Partner for Plastic-to-Fuel Innovation

Malaysia’s Nuclear Agency and Alam Flora Partner for Plastic-to-Fuel Innovation

The Malaysian Nuclear Agency (MNA), a research nuclear technology facility under the Ministry of Science, Technology and Innovation, has joined hands with ALAM Flora ...

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