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

Indonesia to Get 50 New Warships by 2024

Indonesia to Get 50 New Warships by 2024

Indonesia has revealed that a portion of its planned $125 billion investment in defense will go to procuring up to 50 new warships over the next two years. Defense Minister ...
Wine Retailer Boosts Retail Purchases Through High-Tech Sensory Upgrades

Wine Retailer Boosts Retail Purchases Through High-Tech Sensory Upgrades

The Covid-19 pandemic has provided the digitization catalyst for many businesses. Covid-19 precautions have led to fewer wine tasting opportunities, which has led wine giant ...
Singapore Airlines and NUS Set Up New Digital Aviation Corporate Lab

Singapore Airlines and NUS Set Up New Digital Aviation Corporate Lab

Singapore Airlines (SIA) and the National University of Singapore (NUS) have launched a new digital aviation corporate laboratory, which will co-create innovative ...
Indonesia Partners with US Mayo Clinic to Build International Hospital

Indonesia Partners with US Mayo Clinic to Build International Hospital

The Indonesian government estimates that some two million Indonesians travel overseas every year for medical check-ups, treatment and other medical services, spending around ...
The World’s Largest Hydro-Floating Solar Hybrid Project in Thailand

The World’s Largest Hydro-Floating Solar Hybrid Project in Thailand

The Electricity Generating Authority of Thailand (EGAT) has moved forward with its policy of using clean energy and reducing carbon dioxide emissions with smart technology by ...
CleanTech Ties Up with The Blue Circle for the Philippines’ Largest Offshore Wind Project

CleanTech Ties Up with The Blue Circle for the Philippines’ Largest Offshore Wind Project

Filipino-owned renewable energy developer CleanTech Global Renewables Inc. has teamed up with Singapore-based The Blue Circle to undertake a 1.2 GW offshore wind project in ...
Singapore to Invest USD 9.2 billion in Renewable Energy and Logistics in Indonesia

Singapore to Invest USD 9.2 billion in Renewable Energy and Logistics in Indonesia

In January 2022, Singapore and Indonesia signed an MOU on Bilateral Partnership on Green and Circular Economy Development, and an MOU on Energy Cooperation. With these MOUs ...
Thailand and Saudi Arabia Restore Diplomatic Ties, Explore Investment Opportunities

Thailand and Saudi Arabia Restore Diplomatic Ties, Explore Investment Opportunities

In January 2022, Saudi Arabia and Thailand restored full diplomatic ties, following more than 3 decades of frozen relations. The rapprochement comes in parallel with a joint ...
Thailand a Strategic Production Base for Japanese Manufacturers

Thailand a Strategic Production Base for Japanese Manufacturers

The government of Japan has confirmed that it wants to maintain Thailand as its key production base, and has agreed to launch joint plans on green industry and advanced ...
Singapore Police Unveil New Drones for Crowd Management, Search and Rescue

Singapore Police Unveil New Drones for Crowd Management, Search and Rescue

In January 2022, the Singapore Police Force revealed two new drones that would join its current fleet of Unmanned Aerial Vehicles (UAVs). The first drone was reported to ...
Singapore Surpasses 50 Million Metric Tons in Marine Fuel Sales

Singapore Surpasses 50 Million Metric Tons in Marine Fuel Sales

The Maritime and Port Authority of Singapore (MPA) has reported sales of 50,000 metric tons (mt) for ship-to-ship LNG bunkering operations in 2021. Combined with sales of ...
Thailand Plans 36 Mega-infrastructure Projects Worth USD 45 Billion

Thailand Plans 36 Mega-infrastructure Projects Worth USD 45 Billion

Thailand is planning major infrastructure projects for 2022. Cumulatively valued at over USD 45 billion, these mega-infrastructure projects aim at improving the country's ...

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