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’s MITI Plans to Ratify RCEP by End 2021 to Boost FDI, External Trade
Malaysia International Trade and Industry Ministry (MITI) Deputy Secretary-General (Industry) Datuk Seri Norazman Ayob stated that the country is planning to ratify the ...
Indonesia Ratifies Agreement with European Free Trade Association, Agrees to Enhanced Trade with UK
Indonesia is moving forward with its first trade agreement with European countries, namely Iceland, Norway, Liechtenstein, and Switzerland, as the Indonesian Parliament has ...
Bamboo Airways to Launch IPO in the US, Expands to Europe, Asia Pacific and North America
Vietnamese airline Bamboo Airways has announced plans to raise up to USD 200 million in an initial public offering (IPO) in the United States, potentially securing a market ...
More Luxury Companies Attracted by the Vietnamese Market
The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion ...
LIXIL Launches DTC Flagship Store in Singapore
Japanese company LIXIL, the largest housing and building materials company in Japan, has launched a flagship showroom in Singapore. The 6,000 square feet store ...
Bangkok to Have New Lifestyle Mall in 2022
Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of ...
DoctorOnCall Partners with Insurance Companies to Expand Malaysia’s Digital Healthcare Services
Malaysia’s largest digital healthcare platform, DoctorOnCall, is partnering with two of the major insurance companies in the country — namely Great Eastern Life Malaysia and ...
Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines
Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to ...
VinFast to Manufacture Batteries in Vietnam and Electric Cars in the US
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company's electric car ...
Oatly Partners with Yeo’s to Produce Oat Milk in Singapore
Swedish plant-based milk maker Oatly and Singaporean beverage firm Yeo's are jointly investing USD 22.3 million in equipment and facility to produce oat milk in ...
German-based Leuze To Open First Production Plant in South East Asia
World-class optical sensor producer from Germany, Leuze Electronic GmbH + Co KG, will open its first South East Asia production plant in Melaka, Malaysia. The plant is its ...
Philippines to Spend USD 5.8 Million for Railway Construction in 2022
In a virtual conference, the Department of Transportation has revealed that it will be spending USD 5.8 million for railway projects in 2022. The government awarded 32 ...
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