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

Kerry Group to Invest EUR 30 Million in Manufacturing Facility in Indonesia

Kerry Group to Invest EUR 30 Million in Manufacturing Facility in Indonesia

Irish taste and nutrition company Kerry Group has announced plans to invest EUR 30 million (USD 36.2 million) to build a manufacturing facility in Karawang, Indonesia. ...
AirAsia Group Berhad’s B2B Platform, MAFI Aspire to Help More Malaysian Farmers

AirAsia Group Berhad’s B2B Platform, MAFI Aspire to Help More Malaysian Farmers

AirAsia Group Bhd’s business-to-business (B2B) e-commerce platform, airasia farm, as well as the Ministry of Agriculture and Food Industries (MAFI) and several other ...
Vinamilk Named Among Top 50 Global Dairy Companies

Vinamilk Named Among Top 50 Global Dairy Companies

The Vietnam Dairy Products Joint Stock Company (Vinamilk) ended 2020 on a high note despite the Covid-19 pandemic. With revenue of USD 2.6 billion in 2020, an increase of ...
SM to Open Three New Shopping Malls in 2021

SM to Open Three New Shopping Malls in 2021

SM Prime Holdings has announced that it will open three new shopping malls as well as expand several existing malls in 2021. The planned mall launches and expansion projects ...
NielsenIQ Publishes Study on Proliferation of FMCG Products and Consumer Behavior in Malaysia

NielsenIQ Publishes Study on Proliferation of FMCG Products and Consumer Behavior in Malaysia

Global consumer market research firm, NielsenIQ has released a report on the proliferation of fast-moving consumer goods (FMCG) products and consumer behavior based on its ...
VPI and PVOIL to Conduct Research on EV Battery and Charging Station

VPI and PVOIL to Conduct Research on EV Battery and Charging Station

Established in 1978, Vietnam Petroleum Institute (VPI) is the unique R&D institution of Vietnam Oil and Gas Group (PetroVietnam). On April 17, 2021, VPI signed a contract ...
Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms

Malaysia Introduces Enhanced Auto Industry Incentives to Encourage Expansion among Local Firms

In an effort to amplify the new generation of automotive technology and products in the country, the Malaysian government has announced the extension and enhancement of the ...
Hitachi Strengthens Parts Remanufacturing Business in Indonesia

Hitachi Strengthens Parts Remanufacturing Business in Indonesia

Japan's Hitachi Construction Machinery is establishing a new remanufacturing plant in Bekasi, east of Jakarta, to recycle components for medium-sized and large hydraulic ...
Singapore’s Surbana Jurong and Singtel to Develop Smart-city Solutions

Singapore’s Surbana Jurong and Singtel to Develop Smart-city Solutions

Singapore's urban infrastructure specialist Surbana Jurong and communications group Singtel entered a Memorandum of Understanding (MOU) to form a strategic alliance to ...
Putrajaya City Council Works with Vectolabs for Municipal Smart City Implementation

Putrajaya City Council Works with Vectolabs for Municipal Smart City Implementation

Putrajaya City Council, Perbadanan Putrajaya (PPj), has partnered with Vectolabs Technologies Sdn Bhd (Vectolabs), a Malaysia-based Internet of Things (IoT) solutions ...
Indonesia and Hungary Create Joint Investment Fund of USD 500 Million for Infrastructure Projects

Indonesia and Hungary Create Joint Investment Fund of USD 500 Million for Infrastructure Projects

Indonesia and Hungary are setting up the Indonesia-Hungary Investment Fund (IHIF), worth USD 500 million, to help finance the Indonesian government's infrastructure projects. ...
Vietnam’s First Data Center Qualifies for Uptime Institute’s Tier 3

Vietnam’s First Data Center Qualifies for Uptime Institute’s Tier 3

HTC International Telecommunication JSC (HTC-ITC), a subsidiary of the Hanoi Telecommunications Corporation (Hanoi Telecom), has officially implemented its Hoa Lac Green Data ...

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