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

Sabah Charts Green Future with Microalgae Biofuel and Bioplastics Initiative

Sabah Charts Green Future with Microalgae Biofuel and Bioplastics Initiative

Sabah is taking a significant step toward a green economy with an ambitious initiative to cultivate microalgae for biofuel, bioplastics, and other sustainable products. The ...
Malaysia Launches Hybrid Hydro Floating Solar and Green Hydrogen Hub to Lead Regional Energy

Malaysia Launches Hybrid Hydro Floating Solar and Green Hydrogen Hub to Lead Regional Energy

Malaysia marked a significant milestone in its energy transition roadmap with the launch of the Hybrid Hydro Floating Solar (HHFS) and Green Hydrogen Hub in Terengganu.  The ...
Malaysia Secures USD 900 Million in Potential Investments During France Trade Mission

Malaysia Secures USD 900 Million in Potential Investments During France Trade Mission

Malaysia’s trade and investment mission to France in July 2025 secured an estimated MYR 4 billion (USD 900 million) in potential investments and MYR 675 million (USD 152 ...
Türkiye and Malaysia Partner on Joint Production of EREN 4×4 Armored Vehicles

Türkiye and Malaysia Partner on Joint Production of EREN 4×4 Armored Vehicles

Turkish defense vehicle manufacturer Katmerciler has entered into a cooperation agreement with Malaysia’s Deftech to jointly manufacture and export the EREN 4x4 armored ...
Malaysia Emerges as Regional Hub for New Zealand Halal Products

Malaysia Emerges as Regional Hub for New Zealand Halal Products

Malaysia is positioning itself as a strategic gateway for halal products from New Zealand to access the broader ASEAN market. New Zealand’s Biosecurity and Food Safety ...
Malaysia Launches Six AI and Digital Health Programs to Transform Patient Care

Malaysia Launches Six AI and Digital Health Programs to Transform Patient Care

Malaysia has unveiled six strategic initiatives aimed at embedding evidence-based practices, expanding digital tools, and enhancing patient-centered services across its ...
Penang Unveils Largest Semiconductor Innovation Hub to Boost “Made by Malaysia” Chip Development

Penang Unveils Largest Semiconductor Innovation Hub to Boost “Made by Malaysia” Chip Development

Malaysia achieved a significant step in its semiconductor ambitions with the launch of the 36,000 sq ft Penang Silicon Research and Incubation Space under the PSD@5KM+ ...
Malaysia Allocates USD 4.6 Billion for Flood Mitigation and Cross-Border Infrastructure under 13th Malaysia Plan

Malaysia Allocates USD 4.6 Billion for Flood Mitigation and Cross-Border Infrastructure under 13th Malaysia Plan

Malaysia has earmarked MYR 20 billion (USD 4.6 billion) for flood mitigation and cross-border infrastructure projects as part of the 13th Malaysia Plan (13MP) covering ...
Sarawak Welcomes USD 435 Million Polysilicon Factory Led by Japan’s Tokuyama and South Korea’s OCI

Sarawak Welcomes USD 435 Million Polysilicon Factory Led by Japan’s Tokuyama and South Korea’s OCI

Japanese chemical company Tokuyama Corporation and South Korea’s polysilicon producer OCI have commenced construction of a new 10,000-metric-ton (MT) polysilicon plant at the ...
Gamuda Land Unveils Horizon Mall, a New Open-Air Retail Landmark in Johor

Gamuda Land Unveils Horizon Mall, a New Open-Air Retail Landmark in Johor

Gamuda Land, one of Malaysia's major property developers is set to launch Horizon Mall, a new lifestyle retail destination in Iskandar Puteri, Johor state, by late 2026.  The ...
Europe’s Retail Giant Lidl Strengthens Supply Chain with Vietnam Expansion

Europe’s Retail Giant Lidl Strengthens Supply Chain with Vietnam Expansion

Lidl, one of Europe’s largest supermarket retailers, is reinforcing its supply chain resilience by shifting more sourcing to Vietnam and Malaysia. The move comes amid rising ...
American Semiconductor Manufacturer Invests USD 127 Million in New High-Tech Factory in Vietnam

American Semiconductor Manufacturer Invests USD 127 Million in New High-Tech Factory in Vietnam

Coherent Corporation has reinforced its global growth strategy with the inauguration of a USD 127 million manufacturing facility in Dong Nai province. The new plant, located ...
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