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
Electric Boat Service Launched in Thailand, Linking Bangkok and Nonthaburi
Energy Absolute (EA), a Thai renewable power generation firm, has officially launched its battery-run boat service for public transport on the Chao Phraya River, ...
Malaysia’s Oil and Gas Services and Equipment Industry Blueprint to Boost Resilience and Sustainability Efforts
The Malaysian Government has introduced the National Oil and Gas Services and Equipment (OGSE) Industry Blueprint 2021-2030, which aims to accelerate the development of local ...
Danish Company Ørsted Entering Vietnam’s Offshore Wind Market
Ørsted, a Danish majority state-owned energy company, has announced its office opening in Hanoi, Vietnam. With this move, Ørsted is expanding its footprint in Asia after ...
AC Energy Gears up to Develop the Philippines’ Largest Wind Farm
AC Energy Corporation is moving closer to its 2025 goal of achieving 5,000 MW of renewable energy target with the start of construction of the 160 MW Balaoi & Caunayan ...
South Korean, Japanese Manufacturing Companies to Invest USD 2.1 Billion in Malaysia’s High-Tech Industries
Malaysian Ministry of International Trade and Industry (MITI) has announced a committed investment amounting to MYR 8.9 billion (USD 2.1 billion) for high-tech industrial ...
Singapore Strengthens its IP Regime with 10-year Intellectual Property Strategy 2030
On 26 April 2021, commemorating World Intellectual Property Day, Singapore unveiled the Singapore Intellectual Property Strategy 2030 (SIPS 2030). The 10-year blueprint aims ...
Investment Applications in Thailand Skyrocket in the First Quarter of 2021
According to Thailand's Board of Investment (BOI), the number of applications to invest in Thailand increased to 401 applications in the first quarter of 2021, up by 14% from ...
Triumph Aviation Services Asia to Collaborate with Thai Aviation Industries
Triumph Aviation Services Asia (TASA), a subsidiary of Triumph Group headquartered in Pennsylvania, has entered into an MoU with Thai Aviation Industries (TAI), a certified ...
German and Turkish Companies Engaged to Customize Frigate Design for Indonesian Navy
Indonesia, the world's largest archipelagic nation, is looking to renew and increase the strength of its naval arsenal. Indonesian state-owned shipbuilder PT PAL has engaged ...
Bamboo Airways to Launch Direct Flights to the United States
Bamboo Airways, a hybrid carrier launched by Vietnamese construction company FLC Group, has acquired slots to operate regularly scheduled nonstop flights between Vietnam and ...
Vietnam Targets USD 10 billion Fruit and Vegetable Exports by 2030
Despite Covid-19's impact in the first quarter of 2021, Vietnam's fruit and vegetable exports value showed positive growth of 6.1% year-on-year, reaching USD 944 million. In ...
Singapore Launches Future Ready Food Safety Hub (FRESH)
Singapore's Future Ready Food Safety Hub (FRESH) was jointly launched by Nanyang Technological University (NTU Singapore), Singapore Food Agency (SFA), and the Agency for ...
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