ASEAN BUSINESS NEWS

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Monthly Business News to Help You Understand the Market

Starbucks to Add 90 New Coffee Shops in Thailand

Starbucks to Add 90 New Coffee Shops in Thailand

Starbucks Thailand has revealed plans for a new expansion strategy, which involves the opening of an additional 30 coffee shops in Thailand every year until 2024, for a total ...
Petronas Partners With Mitsui & Co., Ltd to Create Regional Carbon Capture And Storage Solutions Hub

Petronas Partners With Mitsui & Co., Ltd to Create Regional Carbon Capture And Storage Solutions Hub

Malaysia’s national energy company, Petronas has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd., a Japanese project development and trading ...
Malaysia Expands Solar, Biomass, Biogas & Hydro to Achieve 40% Renewable Energy By 2035

Malaysia Expands Solar, Biomass, Biogas & Hydro to Achieve 40% Renewable Energy By 2035

Malaysian Energy and Natural Resources Ministry (KeTSA) has targeted Malaysia to be equipped with 40% renewable energy (RE) by 2035. KETSA’s Deputy Minister Datuk Ali Biju ...
Malaysia Aspires to Be Biomass Hub Through Agricommodity Resources

Malaysia Aspires to Be Biomass Hub Through Agricommodity Resources

Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that Malaysia is aiming to establish itself as a biomass hub, in keeping with the country's status as ...
Malaysia Awarded USD 30.94 Million Worth of Smart Automation Grants To SMEs, MTCs

Malaysia Awarded USD 30.94 Million Worth of Smart Automation Grants To SMEs, MTCs

Malaysian Investment Development Authority (MIDA), the country’s principal investment promotion agency, has approved Smart Automation Grants (SAG) totaling MYR 138.5 million ...
Malaysia, Turkey to Strengthen Cooperation in Defense, Aerospace Technology

Malaysia, Turkey to Strengthen Cooperation in Defense, Aerospace Technology

Malaysia has signed several memorandums of understanding (MoUs) in various fields including defense with Turkey during the official visit of Malaysian Prime Minister Datuk ...
DART Partners With Robinsons Supermarket to Provide 15-minute Grocery Delivery

DART Partners With Robinsons Supermarket to Provide 15-minute Grocery Delivery

DART, a Manila-based quick-commerce provider, plans to tap the underserved online grocery market to grow its presence in the country as it banks on its 15-minute guarantee of ...
US-based Hematogenix’s Oncology Lab to Boost R&D in Local Pharmaceutical, Healthcare Industries

US-based Hematogenix’s Oncology Lab to Boost R&D in Local Pharmaceutical, Healthcare Industries

Hematogenix, a US-based global clinical research central laboratory specializing in oncology (cancer research) has established the first central oncology laboratory for ...
DKSH and Oatly Expand Partnership on Plant-Based Portfolio

DKSH and Oatly Expand Partnership on Plant-Based Portfolio

A leading distributor headquartered in Switzerland, DKSH has established a partnership with Oatly, the largest oat beverage in the world from Sweden through its DKSH Business ...
Samsung SDI Launches USD 1.56 Billion Worth EV Battery Manufacturing Facility in Malaysia

Samsung SDI Launches USD 1.56 Billion Worth EV Battery Manufacturing Facility in Malaysia

South Korean top battery manufacturer, Samsung SDI Energy Malaysia Sdn Bhd (Samsung SDIEM) has launched the second phase of its EV battery cell manufacturing facility in ...
Sabah to Establish Centre of Excellence That Promotes Cybersecurity

Sabah to Establish Centre of Excellence That Promotes Cybersecurity

The East Malaysian state of Sabah intends to establish itself as the center of excellence for cybersecurity. The Sabahan State Government has assigned a state-owned ...
Australia Helps Fight the Foot and Mouth Disease Outbreak in Indonesia

Australia Helps Fight the Foot and Mouth Disease Outbreak in Indonesia

The Australian government will provide USD 1.5 million for Indonesia in response to the current Foot and Mouth Disease (FMD) outbreak. Following a formal request for support ...

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