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

Malaysia Receives over USD 39.46 Billion Investments from US Companies

Malaysia Receives over USD 39.46 Billion Investments from US Companies

A total of USD 39 billion haS been invested by US companies into the Malaysian economy despite challenges posed by the COVID-19 pandemic, according to the American Malaysian ...
Malaysia’s Kedah Rubber City Aims for USD 2.38 Billion Investments By 2025

Malaysia’s Kedah Rubber City Aims for USD 2.38 Billion Investments By 2025

Malaysian Prime Minister Dato Seri Ismail Sabri has launched the Kedah Rubber City (KRC), which aims to become a leader in the growth of the domestic rubber industry and a ...
Keppel Collaborates with Sovico in Vietnam

Keppel Collaborates with Sovico in Vietnam

Singapore's Keppel Group and Vietnam's Sovico Group have signed a Memorandum of Understanding to develop and roll out sustainable energy and smart, sustainable township ...
Indonesian Online Grocery HappyFresh Launches Supermarket Division

Indonesian Online Grocery HappyFresh Launches Supermarket Division

HappyFresh, an Indonesian online grocery company, has launched a store branch, HappyFresh Supermarket, to deliver groceries to customers across Southeast Asia (SEA). ...
Indonesia to Broaden Telemedicine for COVID-19 Patients Outside Jakarta

Indonesia to Broaden Telemedicine for COVID-19 Patients Outside Jakarta

Indonesia's government will expand its free telemedicine program for COVID-19 patients outside Jakarta. By using the government website, COVID-19 patients outside of Jakarta ...
Indonesia Acquires More Than 70 Jets from France and the United States

Indonesia Acquires More Than 70 Jets from France and the United States

The potential sale of F-15ID aircraft and related equipment to Indonesia, estimated to be valued at USD 13.9 billion, has been approved by the US State Department. In ...
ICT Firms Continue to Expand in Vietnam

ICT Firms Continue to Expand in Vietnam

According to the 2021 Buzz Rankings released by YouGov, a global public opinion and data company, e-commerce platforms and technology firms continued to be highly evaluated ...
Singapore’s Investment Ecosystem Drives Start-up Growth

Singapore’s Investment Ecosystem Drives Start-up Growth

The Southeast Asia digital economy is set to continue its momentum and strong growth despite the pandemic, with Regional M&A activity hitting an all-time high of almost ...
Further Nationwide Regulations for Tuna Harvest in Indonesia

Further Nationwide Regulations for Tuna Harvest in Indonesia

The Indonesian government aims to set new strategies for its tropical tuna harvest in order to protect the wild stock in the country. The country has the highest annual tuna ...
French Specialist to Install 2.7 MWp Rooftop Solar in Thailand

French Specialist to Install 2.7 MWp Rooftop Solar in Thailand

French multi-energy major TotalEnergies SE has recently signed a binding, long-term agreement to deliver a 2.7 Megawatt peak solar PV (photovoltaic) rooftop and power 27% of ...
Foxconn to Invest USD 8 billion in Indonesia’s Electric Vehicles Sector

Foxconn to Invest USD 8 billion in Indonesia’s Electric Vehicles Sector

In the third quarter of this year, Foxconn plans to invest USD 8 billion in Indonesia to manufacture electric vehicles (EVs) and batteries. In addition to the cars, the ...
Foreign Retailers to Expand Business in Vietnam

Foreign Retailers to Expand Business in Vietnam

Despite the pandemic impact, foreign retailers are implementing a multi-channel sales strategy and enhancing operations and delivery services to enlarge their business in ...

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