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 Launches Renewable Energy Roadmap, Solar Expected to be Main Contributor
The Ministry of Energy and Natural Resources (KETSA) has launched the Malaysia Renewable Energy Roadmap (MyRER) to meet the national goal of 31% renewable energy (RE) ...
136 Aquaculture Villages to be Established in Indonesia by End 2022
The Indonesian government plans to establish a network of 136 villages dedicated to aquaculture by the end of this year, in a bid to spur the post-pandemic economic recovery ...
Indonesia to Develop USD 4 Billion Polysilicon Industry
Indonesia has plans to establish a USD 4 billion polysilicon industry amid efforts to boost the production of solar panels. Polysilicon is a vital material for solar panels, ...
Foxconn to Develop a Sustainable New Energy Ecosystem in Indonesia
Hon Hai (Foxconn), a global leader in smart manufacturing, signed an MoU in January 2022 with the Indonesian Ministry of Investment, Indonesia Battery Corporation (IBC), ...
Indonesia Targets 33% Jump in Investment in 2022
Indonesia recorded an FDI of IDR 454 trillion (USD 31.6 billion) in 2021, a 10% increase over the previous year. It aims to boost total investment by a third in 2022, ...
Indonesia to Get 50 New Warships by 2024
Indonesia has revealed that a portion of its planned $125 billion investment in defense will go to procuring up to 50 new warships over the next two years. Defense Minister ...
Wine Retailer Boosts Retail Purchases Through High-Tech Sensory Upgrades
The Covid-19 pandemic has provided the digitization catalyst for many businesses. Covid-19 precautions have led to fewer wine tasting opportunities, which has led wine giant ...
Singapore Airlines and NUS Set Up New Digital Aviation Corporate Lab
Singapore Airlines (SIA) and the National University of Singapore (NUS) have launched a new digital aviation corporate laboratory, which will co-create innovative ...
Indonesia Partners with US Mayo Clinic to Build International Hospital
The Indonesian government estimates that some two million Indonesians travel overseas every year for medical check-ups, treatment and other medical services, spending around ...
The World’s Largest Hydro-Floating Solar Hybrid Project in Thailand
The Electricity Generating Authority of Thailand (EGAT) has moved forward with its policy of using clean energy and reducing carbon dioxide emissions with smart technology by ...
CleanTech Ties Up with The Blue Circle for the Philippines’ Largest Offshore Wind Project
Filipino-owned renewable energy developer CleanTech Global Renewables Inc. has teamed up with Singapore-based The Blue Circle to undertake a 1.2 GW offshore wind project in ...
Singapore to Invest USD 9.2 billion in Renewable Energy and Logistics in Indonesia
In January 2022, Singapore and Indonesia signed an MOU on Bilateral Partnership on Green and Circular Economy Development, and an MOU on Energy Cooperation. With these MOUs ...
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