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
DA and KAMICO Partner to Establish First Agri Machinery Industry Complex in the Philippines
The Department of Agriculture (DA) and the Korea Agricultural Machinery Industry Cooperative (KAMICO) have signed a memorandum of understanding (MOU) to establish the ...
Philippine Ecozones Attract 150 Taiwanese Firms
Over 150 Taiwanese companies participated in the Philippine Investment Forum (PIF) held in Taipei on October 22, 2024, showcasing investment opportunities in key sectors such ...
IOI Properties Introduces USD 2.55 Billion Integrated Development in Selangor
IOI Properties Group Bhd (IOIPG), one of Malaysia's largest real estate developers, has announced the launch of the IOI Rio City masterplan, a 40.46-hectare (100-acre) ...
Penang Selected for MKS Instruments’ USD 100 Million Super Center Semiconductor Facility
MKS Instruments Inc., a US-based global technology solutions provider, has announced a USD 100 million investment to build a state-of-the-art super center factory in Batu ...
Cargill Expands Cocoa Production in Indonesia, Addressing Demand for Indulgent Foods
Cargill has announced the launch of a new cocoa production line at its processing plant in Gresik, Indonesia, in response to the growing demand for rich, flavorful, and ...
Turkish Company to Co-Produce Armored Personnel Carrier for the Indonesian Army
Turkish armored vehicle manufacturer FNSS and Indonesia’s Pindad have formalized a development and production agreement to manufacture the Kaplan armored personnel carrier ...
Japanese Retailer Aeon to Invest USD 35 Million in New Mall in Vietnam
Japanese retailer Aeon has announced plans to invest USD 35 million in constructing a new shopping mall in Phu Ly town, located in Vietnam’s northern Ha Nam province. This ...
Swedish Entrance Automation and Door Control Specialist Opens USD 30 Million Factory in Vietnam
In September 2024, Assa Abloy Group, a global leader in entrance automation and door control solutions, inaugurated its USD 30 million factory in the northern port city of ...
Tanco Holdings to Boost Southeast Asia’s Logistics Hub with AI-powered Container Port
Tanco Holdings Bhd, a publicly listed property company in Malaysia, has joined forces with CCCC Dredging Southeast Asia Sdn Bhd (CDSA) to develop Malaysia's first smart ...
Mediterranean Shipping Company Eyes Investment in Vietnam’s Key Infrastructure Projects
Switzerland-based Mediterranean Shipping Company (MSC), one of the world’s largest shipping lines, is exploring investment opportunities in Danang’s Lien Chieu port, a key ...
Taiwanese Company Expand AI Solutions in Vietnam to Drive Digital Transformation
iKala, a leading AI transformation solutions provider from Taiwan, has joined forces with TPIsoftware, a digital transformation software company, to expand into the ...
Oracle to Invest USD 6.5 billion to Launch New Cloud Region in Malaysia
Oracle has unveiled plans to invest over USD 6.5 billion to establish a public cloud region in Malaysia, responding to the growing demand for artificial intelligence (AI) and ...
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