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

IFC to Provide Thailand’s First Sustainable Loan for Hydropower and Affordable Healthcare

IFC to Provide Thailand’s First Sustainable Loan for Hydropower and Affordable Healthcare

The International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, is expected to provide around USD ...
Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk

Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk

Digital Edge Singapore Holdings' wholly-owned subsidiary, Digital Edge (Hong Kong) Ltd., has acquired a controlling interest in one of the leading digital infrastructure ...
Super Energy Corporation to Build Thailand’s First Hybrid Power Plant

Super Energy Corporation to Build Thailand’s First Hybrid Power Plant

Thai company Super Energy Corporation has announced plans to develop the country's first power plant based on hybrid renewable resources. According to Super Energy ...
Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed

Pacific Alliance-Singapore Free Trade Agreement (PASFTA) is Formed

The Pacific Alliance (PA) and Singapore successfully concluded negotiations of the Pacific Alliance-Singapore Free Trade Agreement (PASFTA), which is expected to enhance ...
Vietnam Airlines Awards MRO Contract to StandardAero

Vietnam Airlines Awards MRO Contract to StandardAero

Vietnam's national carrier Vietnam Airlines has awarded to StandardAero a new multiple-year Aviation Maintenance, Repair and Overhaul (MRO) contract for the Pratt & ...
Philippines Restores Criticial Security Pact with the US

Philippines Restores Criticial Security Pact with the US

On July 30, 2021, Philippine President Rodrigo Duterte restored the Visiting Forces Agreement (VFA) with the United States, a 1998 critical security pact that lays out the ...
Mu Space Opens First Satellite Manufacturing Facility in Southeast Asia

Mu Space Opens First Satellite Manufacturing Facility in Southeast Asia

Thai space technology company mu Space has opened the first dedicated aerospace manufacturing facility in Southeast Asia. Measuring more than 2,200 square meters, the factory ...
USD 5.9 Million Agri-Industrial Hub to be Built in Taguig City

USD 5.9 Million Agri-Industrial Hub to be Built in Taguig City

The Department of Agriculture (DA) will establish the first Agri-industrial Business Corridor (ABC) for freshwater aquaculture and urban farming in Taguig, in partnership ...
New App to Help Fish and Shrimp Farmers in Singapore

New App to Help Fish and Shrimp Farmers in Singapore

Blue Aqua International, analytics software company SAS and Temasek Polytechnic's Aquaculture Innovation Centre are collaborating to support the local aquaculture industry in ...
Sales of Imported Cars Surged Amidst the Pandemic

Sales of Imported Cars Surged Amidst the Pandemic

Sales of imported cars almost quadrupled in May 2021 compared with the level in the same month last year, according to the Association of Vehicle Importers and Distributors ...
DKSH, Kotányi GmbH Expand Partnership to Enter Malaysia

DKSH, Kotányi GmbH Expand Partnership to Enter Malaysia

Swiss-based market expansion services provider DKSH, through its local unit DKSH Business Unit Consumer Goods in Malaysia, has expanded its cooperation with Kotányi GmbH, an ...
Covid-19 Leads Indonesia’s Mom and Baby Products Market to Register Double Digit Growth

Covid-19 Leads Indonesia’s Mom and Baby Products Market to Register Double Digit Growth

The domestic demand for mom and baby products is poised to enjoy double-digit growth by 2025. This is backed by an increasing number of online shoppers and tech-savvy ...

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