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

Boeing Opens its First Office in Vietnam

Boeing Opens its First Office in Vietnam

Boeing has opened its first office in Hanoi, along with another in Jakarta, in Indonesia. In parallel, Boeing announced the appointment of a new president of the company’s ...
Australia Sponsors GRAFT Challenge Vietnam to Support Vietnam’s Agriculture

Australia Sponsors GRAFT Challenge Vietnam to Support Vietnam’s Agriculture

GRAFT Challenge Vietnam has been recently launched in order to assist promising AgriTech innovators from around the world in expanding into Vietnam. The program is sponsored ...
CP Group to Digitalize Lotus Supermarket Chain

CP Group to Digitalize Lotus Supermarket Chain

Thailand's largest conglomerate. Charoen Pokphand (CP) Group, has announced that it will overhaul its Lotus supermarket chain in order to align to new shopping habits in the ...
Thailand to Complete the Largest Rail Station in the Region

Thailand to Complete the Largest Rail Station in the Region

The government of Thailand has just announced that the country is on track to open the largest rail station in Southeast Asia. The new Bang Sue Grand Station will open by the ...
Thailand to Test Retail Digital Currency in 2022

Thailand to Test Retail Digital Currency in 2022

The Bank of Thailand has just announced that it plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option. The ...
Thailand Develops Robot Administering Covid-19 Vaccines

Thailand Develops Robot Administering Covid-19 Vaccines

Researchers from Thailand's Chulalongkorn University have developed a machine to draw out Covid-19 vaccine doses more efficiently and optimize lower-than-expected. The new ...
PTT Pivots to Green Investments, Allocates USD 10 Billion

PTT Pivots to Green Investments, Allocates USD 10 Billion

PTT, the Thai state-owned oil and gas giant whose sales account for about 10% of the nation’s economic output, has embarked on a series of investments worth billions of ...
Thai SOEs Invest over USD 3 Billion in Energy Infrastructure Projects

Thai SOEs Invest over USD 3 Billion in Energy Infrastructure Projects

Thailand´s State Enterprise Policy Office has reported that the country’s state-owned enterprises (SOEs) have invested more than THB 100 billion (USD 3 billion) in energy ...
Thailand’s Economic Recovery Accelerates, Resumes FTA Negotiations with the EU

Thailand’s Economic Recovery Accelerates, Resumes FTA Negotiations with the EU

The baht has depreciated by 10.4% against the dollar so far in 2021, helping the Thai export sector. According to the president of the Thai National Shippers' Council, the ...
Thailand Awards Korea Aerospace USD 78 Million Contract for Trainer Jets

Thailand Awards Korea Aerospace USD 78 Million Contract for Trainer Jets

In August 2021, South Korea´s leading aerospace manufacturer Korea Aerospace Industries (KAI) announced that it had signed a USD 78 million agreement with Thailand for the ...
Thailand Planning Initiative to Upgrade Farming Efficiency

Thailand Planning Initiative to Upgrade Farming Efficiency

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has announced plans to develop smart solutions for helping farmers increase production and efficiency. The bank ...
Hyundai to Complete Singapore Electric Vehicle Plant in 2022

Hyundai to Complete Singapore Electric Vehicle Plant in 2022

Hyundai Motor Group will complete its sophisticated assembly plant in Singapore in 2022, where it will assemble, sell and export the Hyundai Ioniq 5 and the Hyundai Ioniq 3 ...

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