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
Aeon to Set Up 20 Mega Supermarkets in Vietnam by 2025
Japanese retail group AEON is set to invest USD 2 billion in Vietnam. Iwamura Yasutsugu, Aeon Mall Vietnam Director General, told local media that the company plans to use ...
Key Alliance to Acquire 30% of Tree Med for USD 3.4 Million
Key Alliance Group Bhd (KAG), a Malaysian company specializing in ICT services and IT infrastructure solutions has announced its plan to invest MYR 14 million (USD 3.4 ...
Bangkok Dusit Medical Services Joins Global Innovation Platform Plug and Play
Bangkok Dusit Medical Services Plc (BDMS), Thailand's largest private hospital operator, signed an agreement with Silicon Valley-based innovation platform Plug and Play Tech ...
Singapore to Set Up an Additional 600 Electric Vehicle Charging Stations
In early January 2021, the Singapore Urban Redevelopment Authority (URA) and Land Transport Authority (LTA) issued a pilot tender to set up an additional 600 electric vehicle ...
Extension of Sales Tax Exemption Until June 2021 Expected to Boost Automotive Sector
The total industry volume (TIV) of Malaysia’s automotive sector is forecasted to increase in 2021, driven by the sales tax exemption extension under the National Economic ...
Penang Undersea Tunnel to be Reviewed After Feasibility Study Completed
The feasibility study for Penang's undersea tunnel project development which started in 2014 has been concluded in December 2020. The proposed undersea tunnel is part of the ...
LOGOS to Develop Indonesia’s Green Logistics Hub
The International Finance Corporation (IFC), a member of the World Bank Group, will provide LOGOS, an Australian logistics property group, with up to USD 120 million in debt ...
QR Code Technology Proposed to Address Illegal Meal Imports
Following the meat cartel scandal which has been in operation for 40 years, Malaysian government agencies involved in meat importation and halal certification are considering ...
Ericsson and Singtel Partner to Deploy 5G Technology in Singapore
In mid-December 2020, Singtel announced its partnership with networking and communications company Ericsson to deploy high-end 5G technology. This energy efficient 5G ...
New Solutions for Cleaning Vietnam’s Water Bodies
The government of Vietnam is turning its attention to the growing problem of the country’s polluted water bodies.
Vietnam’s Prime Minister Nguyen Xuan Phuc has recently ...
Indonesia Peat Restoration Agency’s Mandate Renewed and Extended
The Indonesia Peat Restoration Agency’s (BRG) mandate has been renewed for another four years until December 2024. With the extension, the government has renamed the agency ...
Constant Energy Group, Hitachi Asia, and Santec to Invest in Solar Power
TMB Bank Public Company Limited is providing Thailand-based Constant Energy Group with a THB 1.5 billion (USD 50 million) green finance loan package. The funding will be ...
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