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 Sees Growing Interest in Virtual Credit Cards

Malaysia Sees Growing Interest in Virtual Credit Cards

Virtual credit cards (VCCs) are an emerging trend in Malaysia, with an increasing number of card issuers, such as banks, trying to attract customer demand for more secure ...
Thailand Seeks to Purchase New Fighter Jets

Thailand Seeks to Purchase New Fighter Jets

The Royal Thai Air Force has recently highlighted the need to purchase new fighter jets to replace existing aircraft scheduled for decommissioning. The Air Force commenced a ...
Malaysia Achieved USD 72 Billion in Approved Investment in 2021

Malaysia Achieved USD 72 Billion in Approved Investment in 2021

Malaysian Investment Development Authority (MIDA) has announced that the country's manufacturing, services and primary sectors attracted a record amount of approved ...
Singaporean Specialist Helps Thai Retailer Build the Region’s First Metaverse Supermarket

Singaporean Specialist Helps Thai Retailer Build the Region’s First Metaverse Supermarket

Singaporean cryptocurrency platform Zipmex has joined forces with Central Food Retail, the largest supermarket chain in Thailand, in order to launch a blockchain-powered ...
Menicon to Invest USD 153 million in its Largest Overseas Facility In Malaysia

Menicon to Invest USD 153 million in its Largest Overseas Facility In Malaysia

Menicon Co Ltd, a Japanese manufacturer of contact lenses and lens care solutions aims to invest MYR 650 million (USD 153 million) in Malaysia to build its first daily ...
New Luxury Mall to be Built in Indonesia

New Luxury Mall to be Built in Indonesia

Investment holding company Tuan Sing Holdings Limited and real estate specialist Mitsubishi Estate Co., Ltd. (MEC) are teaming up to develop an international luxury outlet ...
Japanese Telecom Expands Data Center Services to Ho Chi Minh City

Japanese Telecom Expands Data Center Services to Ho Chi Minh City

Japanese telecommunications company NTT, which operates data centers in over 20 countries, has announced that it is expanding its services to Ho Chi Minh City. The ...
Vietnam’s New Law on Environmental Protection Creates Market Opportunities

Vietnam’s New Law on Environmental Protection Creates Market Opportunities

The 2020 Law on Environmental Protection entered into effect in January 2022, institutionalizing new policies related to environmental protection. It gradually harmonizes ...
Vietnam and US to Tighten Bilateral Relations in Trade and Investment

Vietnam and US to Tighten Bilateral Relations in Trade and Investment

Vietnamese government officials recently held a meeting with a delegation from the US-ASEAN Business Council (USABC) and representatives from 28 leading US corporations in ...
US Aerospace Company Venturing into the Vietnamese Luxury Aircraft Market

US Aerospace Company Venturing into the Vietnamese Luxury Aircraft Market

American aircraft company Gulfstream Aerospace just announced that it has appointed Vietnam-based luxury business aviation service company Sun Air as the authorized ...
Vietnam and France Eye Cooperation in Agriculture

Vietnam and France Eye Cooperation in Agriculture

During the Paris Salon International de l'Agriculture (SIA) held in March 2022, the Vietnamese Ambassador to France emphasized the potential for long-term development and ...
APRIL Group Invests in Indonesia with a New Sustainable Paperboard Packaging Mill

APRIL Group Invests in Indonesia with a New Sustainable Paperboard Packaging Mill

Asia Pacific Resources International Limited (APRIL Group), a leading manufacturer of sustainable fibers and products, has announced plans to expand its downstream product ...

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