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

Petronas Becomes World’s First to Produce LNG from Two Floating Facilities

Petronas Becomes World’s First to Produce LNG from Two Floating Facilities

Malaysia’s state-owned oil and gas company Petronas has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities. This ...
AC Energy Injects USD 93.7 Million in Unit Behind Zambales Solar Project

AC Energy Injects USD 93.7 Million in Unit Behind Zambales Solar Project

AC Energy has invested PHP 4.5 billion (USD 93.7 million) in its subsidiary Santa Cruz Solar Energy, Inc, according to the filing at the Philippines Stock Exchange (PSE). The ...
Vietnam’s Exports to the US Increasing Sharply Despite the Pandemic

Vietnam’s Exports to the US Increasing Sharply Despite the Pandemic

According to the Wall Street Journal, the US is accounting for a growing share of Vietnam's exports, estimated at 29% of the Asian country's total exports as of January 2021. ...
UAE, Singapore Explore Cooperation at the 13th Abu Dhabi-Singapore Joint Forum

UAE, Singapore Explore Cooperation at the 13th Abu Dhabi-Singapore Joint Forum

The United Arab Emirates (UAE) and Singapore have reaffirmed their strong bilateral economic ties and will be looking into further collaboration in areas including ...
Thailand Launches Regional Comprehensive Economic Partnership (RCEP) Center

Thailand Launches Regional Comprehensive Economic Partnership (RCEP) Center

Following the ratification of the Regional Comprehensive Economic Partnership (RCEP), Thailand set up its RCEP Center to facilitate trade and economic expansion. As the ...
Philippines’ DICT, ARTA To Upgrade Digital Infra To Improve Ease of Doing Business

Philippines’ DICT, ARTA To Upgrade Digital Infra To Improve Ease of Doing Business

The Philippines' Department of Information and Communications Technology (DICT) and the Anti-Red Tape Authority (ARTA) are aiming to upgrade its digital infrastructure by ...
Malaysia’s MITI Plans to Ratify RCEP by End 2021 to Boost FDI, External Trade

Malaysia’s MITI Plans to Ratify RCEP by End 2021 to Boost FDI, External Trade

Malaysia International Trade and Industry Ministry (MITI) Deputy Secretary-General (Industry) Datuk Seri Norazman Ayob stated that the country is planning to ratify the ...
Indonesia Ratifies Agreement with European Free Trade Association, Agrees to Enhanced Trade with UK

Indonesia Ratifies Agreement with European Free Trade Association, Agrees to Enhanced Trade with UK

Indonesia is moving forward with its first trade agreement with European countries, namely Iceland, Norway, Liechtenstein, and Switzerland, as the Indonesian Parliament has ...
Bamboo Airways to Launch IPO in the US, Expands to Europe, Asia Pacific and North America

Bamboo Airways to Launch IPO in the US, Expands to Europe, Asia Pacific and North America

Vietnamese airline Bamboo Airways has announced plans to raise up to USD 200 million in an initial public offering (IPO) in the United States, potentially securing a market ...
More Luxury Companies Attracted by the Vietnamese Market

More Luxury Companies Attracted by the Vietnamese Market

The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion ...
LIXIL Launches DTC Flagship Store in Singapore

LIXIL Launches DTC Flagship Store in Singapore

Japanese company LIXIL, the largest housing and building materials company in Japan, has launched a flagship showroom in Singapore. The 6,000 square feet store ...
Bangkok to Have New Lifestyle Mall in 2022

Bangkok to Have New Lifestyle Mall in 2022

Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of ...

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