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

Debic Brings Premium Cream Cheese to Malaysia

Debic Brings Premium Cream Cheese to Malaysia

Debic, a global leader in dairy solutions for professional chefs, has introduced its Cream Cheese to the Malaysian market, expanding the premium ingredient options for local ...
COP29: Singapore and Peru Agree on Article 6 Carbon Credits

COP29: Singapore and Peru Agree on Article 6 Carbon Credits

Singapore’s Ministry of Trade and Industry (MTI) announced on November 2024 during the COP29 climate summit that it has successfully concluded negotiations on a bilateral ...
Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Robinhood Markets Inc., a US-based brokerage firm is set to expand its operations into Asia, establishing Singapore as its regional base starting next year. This move follows ...
Biggest Local Train and Bus Depot Set to Open in 2026

Biggest Local Train and Bus Depot Set to Open in 2026

Singapore's Land Transport Authority (LTA) has opened a tender for the operation of 27 bus routes under the Tampines bus package, set to commence in July 2026. This ...
Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Sanofi, a French pharmaceutical giant, has opened a new USD 800 million manufacturing facility named Modulus in Tuas Biomedical Park, Singapore. This 58,000 square meter ...
Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. ...
Dutch Firm Opens New Indoor Vertical Farm in Changi, Singapore

Dutch Firm Opens New Indoor Vertical Farm in Changi, Singapore

Dutch agritech company Growy has successfully opened its new indoor vertical farm in Changi, Singapore, transitioning from a research and development phase to commercial ...
Singapore Secures USD 4 Billion in Venture Capital in H1 2024

Singapore Secures USD 4 Billion in Venture Capital in H1 2024

Singapore continues to attract substantial investments, securing approximately USD 4 billion in fixed asset investment (FAI) commitments during the first half of 2024, as ...
SABIC Opens USD 170 Million Resin Manufacturing Facility in Singapore

SABIC Opens USD 170 Million Resin Manufacturing Facility in Singapore

Saudi Basic Industries Corporation (SABIC), a Saudi petrochemical major, has officially opened a new SGD 220 million (USD 170 million) resin manufacturing facility in ...
Changi Airport to Upgrade Four of its Terminals

Changi Airport to Upgrade Four of its Terminals

Singapore Changi Airport Group (CAG) has announced a substantial investment of SGD 3 billion (USD 2 billion) to upgrade four of its terminals in preparation for anticipated ...
JTC Appoints Consortium to Build Smart Grid in Punggol

JTC Appoints Consortium to Build Smart Grid in Punggol

JTC Corporation, a government agency under Singapore’s Ministry of Trade and Industry, has appointed a consortium comprising Univers, a global decarbonization software firm, ...
IRRI and DA-FPA Partner to Advance Agricultural Drone Training

IRRI and DA-FPA Partner to Advance Agricultural Drone Training

IRRI (International Rice Research Institute) and the Philippine Department of Agriculture's Fertilizer and Pesticide Authority (DA-FPA) have signed a Memorandum of Agreement ...

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