ASEAN BUSINESS NEWS

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Monthly Business News to Help You Understand the Market

German Food Tech Giant BAADER Establishes Regional Production Facility in Malaysia

German Food Tech Giant BAADER Establishes Regional Production Facility in Malaysia

Global food processing leader BAADER, a German multinational company, has officially inaugurated its first production facility in Asia, BAADER Food Systems Asia in Shah Alam, ...
Malaysia Unveils Southeast Asia’s First Sovereign AI Infrastructure

Malaysia Unveils Southeast Asia’s First Sovereign AI Infrastructure

Malaysia has officially launched its Strategic Artificial Intelligence (AI) Infrastructure, becoming the first country in Southeast Asia to activate a sovereign, full-stack ...
Sarawak Deepens Amazon Web Services Collaboration to Position Itself as Regional Tech Hub

Sarawak Deepens Amazon Web Services Collaboration to Position Itself as Regional Tech Hub

Sarawak’s state tech training agency, The Centre for Technology Excellence Sarawak (CENTEXS), has strengthened its collaboration with Amazon Web Services (AWS) to drive ...
Malaysia’s Betamek Partners with SiGenex to Scale AI-Integrated Genetic Diagnostics

Malaysia’s Betamek Partners with SiGenex to Scale AI-Integrated Genetic Diagnostics

Betamek Bhd, a Malaysian electronics manufacturing services (EMS) provider for the automotive industry, is expanding into the biotechnology sector through a strategic ...
Singapore Strengthens Global Trade Links with Pacific Alliance FTA and Landmark EU Digital Agreement

Singapore Strengthens Global Trade Links with Pacific Alliance FTA and Landmark EU Digital Agreement

In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement ...
Singapore Navy to Deploy Unmanned Mine Countermeasure Fleet from 2027

Singapore Navy to Deploy Unmanned Mine Countermeasure Fleet from 2027

The Republic of Singapore Navy (RSN) will begin deploying a new fleet of unmanned mine countermeasure (MCM) systems from 2027, as part of its ongoing efforts to modernize ...
Changi Airport Launches USD 3.5 Billion Terminal 5 Expansion with Major Construction Contracts

Changi Airport Launches USD 3.5 Billion Terminal 5 Expansion with Major Construction Contracts

Changi Airport Group has awarded two major construction contracts worth about SGD 4.75 billion (approximately USD 3.5 billion) for the development of Terminal 5 (T5), marking ...
Singapore Launches Government-Owned GasCo to Secure Stable, Affordable Natural Gas Supply for Power Sector

Singapore Launches Government-Owned GasCo to Secure Stable, Affordable Natural Gas Supply for Power Sector

Singapore has launched Singapore GasCo, a fully government-owned entity established to centralise the procurement and supply of natural gas for the country’s power sector. ...
WEF Launches Asia-Pacific Ocean Startups Hub in Singapore

WEF Launches Asia-Pacific Ocean Startups Hub in Singapore

In April 2025, the World Economic Forum (WEF) launched the Asia-Pacific chapter of its 1000 Ocean Startups coalition in Singapore, aiming to bolster ocean-focused innovation ...
Shopee Parent Launches Monee HQ in Singapore, Expands Fintech Vision

Shopee Parent Launches Monee HQ in Singapore, Expands Fintech Vision

Sea Group, the parent company of Shopee and Garena, inaugurated its new global headquarters for digital financial services in Singapore in May 2025 and rebranded its fintech ...
Cariflex Opens USD 355 Million Latex Plant in Singapore

Cariflex Opens USD 355 Million Latex Plant in Singapore

Cariflex, a global leader in polyisoprene rubber latex and a subsidiary of South Korea’s DL Chemical, officially opened the world’s largest polyisoprene latex plant on Jurong ...
Singapore Unveils Major Aquaculture Expansion in East Johor Strait to Strengthen Seafood Supply

Singapore Unveils Major Aquaculture Expansion in East Johor Strait to Strengthen Seafood Supply

Singapore is set to significantly expand its aquaculture operations in the East Johor Strait from 2026, with the Singapore Food Agency (SFA) planning to release 117 hectares ...
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