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

Uniqlo Invests in Both Offline and Online Channels in Singapore

Uniqlo Invests in Both Offline and Online Channels in Singapore

In its twelfth year of operation, with 26 stores in Singapore and approximately 1,400 employees, Uniqlo now plans to open more brick-and-mortar stores in the country. Despite ...
Turkish FMCG Firm to Build Regional Hub in Vietnam

Turkish FMCG Firm to Build Regional Hub in Vietnam

Hayat, a Turkish FMCG firm, has officially launched its flagship diaper brand Molfix in Vietnam. The company announced earlier in 2021 that it plans to invest USD 250 million ...
Treated Wastewater Volumes Increase in Metro Manila

Treated Wastewater Volumes Increase in Metro Manila

Thanks to more facilities being built, the volume of treated wastewater in Metro Manila has increased between 2010 and 2019. The percentage of wastewater collected and ...
The Green Climate Fund Approves USD 34 Million Project for Flood Control and Adaptation in Thailand

The Green Climate Fund Approves USD 34 Million Project for Flood Control and Adaptation in Thailand

In October 2021, the Green Climate Fund approved a project aimed at enhancing climate resilience in Thailand through flood control and adaptation. In Thailand's Chao ...
Thailand’s E-Commerce to Reach USD 120 Billion in 2021

Thailand’s E-Commerce to Reach USD 120 Billion in 2021

According to the Electronic Transactions Development Agency (ETDA), in 2020, e-commerce in Thailand was ranked as the 26th largest market globally, with revenues of USD8 ...
Thailand Approves Incentive Package to Promote Industry 4.0 Transformation

Thailand Approves Incentive Package to Promote Industry 4.0 Transformation

In October 2021, the Thailand Board of Investment (BOI) approved incentives to encourage companies to speed up Industry 4.0 transformation. It reported that total investment ...
Swiss Company Expands Partnership with Thailand’s Bumrungrad Hospital for Precision Medicine

Swiss Company Expands Partnership with Thailand’s Bumrungrad Hospital for Precision Medicine

Switzerland-headquartered BC Platforms (BCP), a global leader in healthcare data management and analytics, has announced an expanded partnership with Thailand's Bumrungrad ...
Singapore’s First Infrastructure Accredited Professionals (ISAPs) Recognized at Surbana Jurong

Singapore’s First Infrastructure Accredited Professionals (ISAPs) Recognized at Surbana Jurong

Surbana Jurong became the first consulting firm in Singapore to have Infrastructure Sustainability Accredited Professionals (ISAPs), as three of its staff attained the ...
Singapore’s Defense Science and Technology Agency Collaborates with MIT on AI Research

Singapore’s Defense Science and Technology Agency Collaborates with MIT on AI Research

At the Singapore Defence Technology Summit 2021, Singapore’s Defence Science and Technology Agency (DSTA) and the Massachusetts Institute of Technology (MIT) Computer Science ...
Singapore Introduces New Standards for Cold Chain Management for Chilled and Frozen Food

Singapore Introduces New Standards for Cold Chain Management for Chilled and Frozen Food

The Singapore Standards Council (SSC), the Singapore Manufacturing Federation – Standards Development Organisation (SMFSDO) and the Singapore Food Agency (SFA), together ...
Singapore Eyes Geothermal Energy for Power Generation

Singapore Eyes Geothermal Energy for Power Generation

Singapore is considering geothermal energy as a potential clean energy source for the country’s power generation. The country is carrying out research at sites that have a ...
New US-Singapore Partnership for Growth and Innovation MoU

New US-Singapore Partnership for Growth and Innovation MoU

Singapore and the US signed an MoU to implement the US-Singapore Partnership for Growth and Innovation, aimed at strengthening ties on trade and investment between the two ...

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