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
Oshkosh Defense Inks Teaming Deal with Sovereign Strategic for AMV tender
US-based defense industry giant Oshkosh Defense has signed teaming agreements with Malaysian defense company Sovereign Strategic to jointly participate in the upcoming tender ...
French Semiconductor Material Company to Double Production Capacity in Singapore
Soitec, a French company leader in the design and production of innovative semiconductor materials, just broke ground on the construction of its wafer fab extension at ...
Equinix Enters Malaysia with USD 40 million Investment
Equinix, Inc. announced its market entry into Malaysia with plans to build a new data center in Johor. With an initial investment of approximately USD 40 million, the data ...
Ericsson & DEPA Drive 5G Digital Transformation in Thailand
Swedish multinational networking and telecommunications company Ericsson and the Digital Economy Promotion Agency (DEPA) of Thailand recently signed a Memorandum of ...
Singapore Launches Green Economy Regulatory Initiative to Capture Emerging Opportunities
The Singapore government recently launched a new initiative called Green Economy Regulatory Initiative (GERI), which supports businesses in seizing new green growth ...
US Defense Companies Explore Deals in Vietnam
Reuters has recently reported that several American defense companies have been involved in talks with Vietnamese officials for supplying military gear such as helicopters ...
Two Major Airport Expansions Planned in Thailand
It has been recently announced that in 2023 the government of Thailand will launch tenders for the expansion of the country’s two biggest airports, Suvarnabhumi International ...
Foxconn Kicks Off Building of EV Factory in Thailand
Taiwanese contract manufacturer Foxconn has just commenced the construction of an electric vehicle (EV) plant in Thailand. The project, part of Foxconn's joint venture with ...
Petronas Makes Significant Oil and Gas Discovery Offshore Malaysia
Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water ...
Philippine Air Force Inducts First SPYDER Ground-based Air Defense Systems (GBADS)
The Philippine Air Force (PAF) has inducted its first SPYDER-MR (Surface-to-air PYthon and DERby Medium Range ) ground-based air defense systems (GBADS) along with a C295W ...
Technology to Transform Medical Examination and Treatment in Vietnam
Vietnam’s Ministry of Heath has implemented a project to enhance the professional capacity of grassroots healthcare organizations and disseminate the expertise of doctors ...
Government Aims to Change East Coast Region into RV Industry Hub
The Ministry of International Trade and Industry (MITI) and the East Coast Economic Region Development Council (ECERDC) are looking to capitalize on the potential of the ...
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