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
Vietnam Seeks to Modernize its Shipping Industry, Partners with USAID to Reduce Port Congestion
Vietnam’s shipping industry benefits from a long coastline stretching from the Gulf of Tonkin to the Gulf of Thailand. The country also has the second-highest number of ...
Apple’s Airpods Pro 2 to Be Manufactured in Vietnam
It has been recently revealed that Apple's newest wireless earphones, the AirPods Pro 2, will be mass manufactured in Vietnam in the second half of 2022, as part of the ...
SoKor to Fund an Agri Center, France to Assist Mango Export to EU Market
South Korea will be funding an agriculture mechanization center in Nueva Ecija, a city located in the north of Luzon. The grand project broke ground last May, with the ...
Japanese Motor Company Invests 7.39 Billion More Into its PH Operations
Nidec, a leading producer of motors found in hard disk drives, automobiles, and consumer and industrial equipment, would break ground for a new facility sometime in the third ...
First Philippine Holdings Allots Capex for Clean and Renewable Energy Projects
First Philippine Holdings Corp. earmarked PHP 51 billion (USD 953.2 million) of its capital expenditures mainly to fund the expansion of its power generation and property ...
Malaysia to Lead World’s First Algae Biotech Consortium for Sustainable Future
Malaysia is slated to establish the world's first algal biotechnology consortium (ABC), which will serve as a critical component of a sustainable planet and a vital ...
Angkasa-X to Create Space Technology Ecosystem and Launch Satellites in 2023
An MYR 30 million (USD 6.8 million) earth station and space technology center is being built at the Universiti Sains Malaysia (USM) Engineering Campus in Penang state by ...
Malaysia to Lessen Palm Oil Export Tax to 4- 6% to Boost Market Share
Malaysia’s Plantation Industries and Commodities Ministry announced a measure to reduce the palm oil export tax from 8% to between 4-6% to alleviate the global shortage of ...
Reservoir Link, AAH to Form JV Company For Energy Storage Solutions
Malaysia’s energy-related services provider, Reservoir Link Energy Bhd and investment company, ADS Asset Holdings Sdn Bhd (AAH) are forming a joint venture and shareholder ...
Malaysia Promotes Circular Bio-economy As An Investment Target
Malaysian Investment Development Authority (MIDA), the government's principal investment promotion agency, emphasized that Malaysia should tap into the circular bio-economy ...
Indonesia’s Economy Retained its Solid Growth Trend in Q1 of the Year
Official figures show that a historic spike in commodities prices and the easing of Covid-19 limits helped Indonesia's economy grow for the fourth consecutive quarter between ...
Vietnam’s Meat Industry to Attract French Companies
According to the French consul general in Ho Chi Minh City, several French meat producers have been seeking to expand business in Vietnam since the EU-Vietnam Free Trade ...
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