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

Thailand Invests in Electric Vehicles; Attracts US Specialist

Thailand Invests in Electric Vehicles; Attracts US Specialist

Aiming for a zero-carbon future, Thailand is currently developing long-term strategies to present at the 26th session of the United Nations climate change conference (COP26), ...
Malaysian Water Agencies to Begin Water Reclamation Initiative in Malaysia

Malaysian Water Agencies to Begin Water Reclamation Initiative in Malaysia

Malaysian Water Agencies, Air Selangor in Selangor state, and Indah Water Konsortium Sdn Bhd (IWK), a company under the Ministry of Finance have signed a partnership ...
Indonesia to Partner with Germany on Green Infrastructure; Exploring Collaborations with the Netherlands

Indonesia to Partner with Germany on Green Infrastructure; Exploring Collaborations with the Netherlands

Indonesia and Germany have launched a strategic partnership to develop green infrastructure in the South East Asian country. The initiative aims to reduce carbon emissions in ...
Korean Companies Contribute to the Development of Thailand’s LGN Industry

Korean Companies Contribute to the Development of Thailand’s LGN Industry

Thai Petrochemical Industry Polene Power (TPIPP) has signed a memorandum of understanding with Korea Gas Corp (KOGAS) and Korea Western Power to cooperate for Thailand's ...
Petronas to Collaborate with ADNOC and Masdac on Energy Value Chain Solutions

Petronas to Collaborate with ADNOC and Masdac on Energy Value Chain Solutions

Malaysia’s Fortune 500 firm, Petronas plans to partner with UAE-based Abu Dhabi National Oil Company (Adnoc) and Masdar for strategic development across the whole energy ...
New Power Projects to Be Developed by GE Renewable Energy

New Power Projects to Be Developed by GE Renewable Energy

GE Renewable Energy has signed a cooperation agreement with Vietnam Electricity Construction Corporation (VNECO) to develop the second wind power project in Binh Thuan ...
India’s Indika Energy and UAE’s Masdar Invest in Indonesia’s Solar Industry

India’s Indika Energy and UAE’s Masdar Invest in Indonesia’s Solar Industry

Indonesian PT Indika Energy Tbk. and India’s solar developer, Fourth Partner Energy, have formed a joint venture called PT Empat Mitra Indika Tenaga Surya (EMITS) to provide ...
USD 272 Million Investments Approved by PEZA Board in March 2021

USD 272 Million Investments Approved by PEZA Board in March 2021

The Philippine Economic Zone Authority (PEZA) Board has approved a total of 33 new projects in March 2021 - these are expected to bring about PHP 13.19 billion (USD 272 ...
Vietnamese Textile Industry Sees Growing Export Opportunities

Vietnamese Textile Industry Sees Growing Export Opportunities

Following the EU-Vietnam Free Trade Agreement (EVFTA) and the recovery from the Covid-19 pandemic, Vietnam now eyes opportunities to boost its apparel and textile exports. ...
Singapore’s Economy has been Ranked the Freest in the World

Singapore’s Economy has been Ranked the Freest in the World

Singapore's economy has been ranked the freest in the world this year in the Heritage Foundation's 2021 Index of Economic Freedom. Singapore’s economic freedom score is 89.7, ...
Malaysian Government Launches Digital Economy Blueprint (MyDigital)

Malaysian Government Launches Digital Economy Blueprint (MyDigital)

The Malaysian government has officially launched its Malaysia Digital Economy Blueprint (MyDIGITAL) to transform Malaysia into a digitally-driven, high-income nation and a ...
Indonesia Unveils Priority List for Investors, Signs Treaty with Singapore

Indonesia Unveils Priority List for Investors, Signs Treaty with Singapore

The Indonesian government has just unveiled a priority list aiming to lure investors with fiscal & nonfiscal incentives and the removal of restrictions on foreign ...

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