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

Indonesia to Start Construction of Its Fist Utility-Scale Floating Solar Power Plant

Indonesia to Start Construction of Its Fist Utility-Scale Floating Solar Power Plant

Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, have announced that financial ...
Indonesia Witnesses 7% Economic Growth in Q2 2021

Indonesia Witnesses 7% Economic Growth in Q2 2021

After contractions in the previous four consecutive quarters, Indonesia’s economy registered its first growth in Q2/2021. According to Statistics Indonesia (BPS), Indonesia’s ...
Indonesia’s Fisheries Platform Aruna Obtains USD 35 Million in Funding

Indonesia’s Fisheries Platform Aruna Obtains USD 35 Million in Funding

Aruna, a leading fisheries and marine platform in Indonesia, has announced that it has raised USD 35 million in Series A funding. Founded in 2016, Aruna's tech-enabled ...
Upgrade Approved for Con Dao Airport

Upgrade Approved for Con Dao Airport

The Ministry of Transport of Vietnam has authorized plans to expand the airport on Con Dao Island, which will be able to accommodate up to 2 million people and 4,400 tons of ...
Vietnam Launches Platform to Connect its Entire Network of National Health Centers

Vietnam Launches Platform to Connect its Entire Network of National Health Centers

In August 2021, Vietnam inaugurated the Telehealth platform, which facilitates connections of all health centers nationwide, from district hospitals to those at the national ...
Vietnam Set to Become a Green Energy Powerhouse

Vietnam Set to Become a Green Energy Powerhouse

Vietnam has become a leader in clean energy solutions, with the highest installed capacity of solar power in Southeast Asia, generating 16,500 megawatts at the end of 2020 ...
Thailand Announces New Incentives for Semiconductor Manufacturing

Thailand Announces New Incentives for Semiconductor Manufacturing

Thailand Board of Investment (BOI) has announced plans to promote investment in the manufacturing of semiconductors and related R&D activities, aiming to strengthen the ...
AImazing Launches Analytics Software to Improve Mall Management Through Data Based Decisions

AImazing Launches Analytics Software to Improve Mall Management Through Data Based Decisions

Retail-Tech startup AImazing has announced the launch of its retail-analytics data platform, aimed at allowing mall management and real-time data analytics without the need ...
Singapore Biotech Company Scales up Production of Human Lactoferrin

Singapore Biotech Company Scales up Production of Human Lactoferrin

Singapore and US-based biotech company, TurtleTree, will scale up and develop its pioneering cell-based technologies on a commercial scale through a partnership with Solar ...
KAMMI to Ramp Up Local Assembly of Motorcycles

KAMMI to Ramp Up Local Assembly of Motorcycles

KTM Asia Motorcycle Manufacturing Inc. (KAMMI) is ramping up local assembly of motorcycles for export as the company approaches the 30,000-unit production milestone. KAMMI, a ...
Cavite Sets Bid Submission Deadline for Sangley Point International Airport

Cavite Sets Bid Submission Deadline for Sangley Point International Airport

The Provincial Government of Cavite (PGC) has set September 20, 2021, as the deadline for the submission of bid proposals for the development of Sangley Point International ...
Retailers Taking to BNPL Platforms

Retailers Taking to BNPL Platforms

The Covid-19 pandemic has contributed to the development of “Buy Now, Pay Later” (BNPL) segment in Malaysia, as retailers who have been impacted by long lockdowns turned to ...

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