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

ADB Forecasts Strong Economic Growth for Vietnam Despite Covid-19

ADB Forecasts Strong Economic Growth for Vietnam Despite Covid-19

Thanks to effective measures taken to contain the Covid-19 pandemic, Vietnam's gross domestic product (GDP) grew by 2.9% in 2020, one of the highest growth rates globally. ...
Malaysia Airports to Continue with Subang Airport’s Regeneration Project worth USD 314 Million

Malaysia Airports to Continue with Subang Airport’s Regeneration Project worth USD 314 Million

As part of ongoing efforts to develop Subang Airport (SZB) into an aviation hub in the Asia-Pacific region, Malaysia Airports Holdings Bhd (MAHB), one of the world’s largest ...
Ecozone Authority Pushes for the Establishment of Defense Industrial Hubs in the Philippines

Ecozone Authority Pushes for the Establishment of Defense Industrial Hubs in the Philippines

The Philippine Economic Zone Authority (PEZA), a state agency tasked to promote investments in export manufacturing in the country, is eager to turn the country's military ...
Aerospace Logistics Company B&H Worldwide Doubles Size of Operation in Singapore

Aerospace Logistics Company B&H Worldwide Doubles Size of Operation in Singapore

Aerospace logistics company B&H Worldwide is doubling the size of its operation in Singapore. The new facility covers 28,000 sq ft and is located adjacent to its existing ...
The Philippines Approves Two Syngenta Products for Drone Use

The Philippines Approves Two Syngenta Products for Drone Use

The Fertilizer and Pesticide Authority (FPA) under the Department of Agriculture has given conditional registration to two products of Syngenta Philippines, namely the Alika ...
Kerry Group to Invest EUR 30 Million in Manufacturing Facility in Indonesia

Kerry Group to Invest EUR 30 Million in Manufacturing Facility in Indonesia

Irish taste and nutrition company Kerry Group has announced plans to invest EUR 30 million (USD 36.2 million) to build a manufacturing facility in Karawang, Indonesia. ...
AirAsia Group Berhad’s B2B Platform, MAFI Aspire to Help More Malaysian Farmers

AirAsia Group Berhad’s B2B Platform, MAFI Aspire to Help More Malaysian Farmers

AirAsia Group Bhd’s business-to-business (B2B) e-commerce platform, airasia farm, as well as the Ministry of Agriculture and Food Industries (MAFI) and several other ...
Vinamilk Named Among Top 50 Global Dairy Companies

Vinamilk Named Among Top 50 Global Dairy Companies

The Vietnam Dairy Products Joint Stock Company (Vinamilk) ended 2020 on a high note despite the Covid-19 pandemic. With revenue of USD 2.6 billion in 2020, an increase of ...
SM to Open Three New Shopping Malls in 2021

SM to Open Three New Shopping Malls in 2021

SM Prime Holdings has announced that it will open three new shopping malls as well as expand several existing malls in 2021. The planned mall launches and expansion projects ...
NielsenIQ Publishes Study on Proliferation of FMCG Products and Consumer Behavior in Malaysia

NielsenIQ Publishes Study on Proliferation of FMCG Products and Consumer Behavior in Malaysia

Global consumer market research firm, NielsenIQ has released a report on the proliferation of fast-moving consumer goods (FMCG) products and consumer behavior based on its ...
VPI and PVOIL to Conduct Research on EV Battery and Charging Station

VPI and PVOIL to Conduct Research on EV Battery and Charging Station

Established in 1978, Vietnam Petroleum Institute (VPI) is the unique R&D institution of Vietnam Oil and Gas Group (PetroVietnam). On April 17, 2021, VPI signed a contract ...
Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms

Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms

In an effort to amplify the new generation of automotive technology and products in the country, the Malaysian government has announced the extension and enhancement of the ...

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