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

EDC Appoints Mitsubishi for Geothermal Power Equipment

EDC Appoints Mitsubishi for Geothermal Power Equipment

Philippine-based geothermal company Energy Development Corp. (EDC) announced that it has tapped two companies of Japanese firm Mitsubishi Heavy Industries Group to provide ...
New Alliance Formed to Support Manufacturers’ Expansion into South East Asia

New Alliance Formed to Support Manufacturers’ Expansion into South East Asia

A regional manufacturing alliance called the Southeast Asia Manufacturing Alliance (SMA) has been launched to help businesses grow their footprint in South East Asia and ...
PHL Regulation Favorable for Digital Payments Growth

PHL Regulation Favorable for Digital Payments Growth

According to a report by JP Morgan, the regulatory environment in the Philippines will help increase the country’s growth in digital banking and payments. JP Morgan projects ...

Malaysia’s East Coast Region Draws MYR 5.5 Billion in Pledged Investments

In 2020, the East Coast Economic Region Development Council (ECERDC) managed to draw dedicated investments worth MYR 5.5 billion (USD 1.36 billion) and realized investments ...
Royal Thai Navy Selects RUAG to Modernize Dornier 228 Aircraft

Royal Thai Navy Selects RUAG to Modernize Dornier 228 Aircraft

The Royal Thai Navy (RTN) is modernizing its fleet for the purpose of border surveillance to combat illegal trade and fishing. Switzerland-based RUAG International has been ...
Malaysia Airports, Malaysia Airlines Rolled Out New Passenger Reconciliation System (PRS) to Boost Security Screening Process

Malaysia Airports, Malaysia Airlines Rolled Out New Passenger Reconciliation System (PRS) to Boost Security Screening Process

Malaysia Airports Holdings Bhd (MAHB), one of the world’s largest airport operator groups, has partnered with Malaysia Airlines to roll-out the new Passenger Reconciliation ...
German Company Wins Contract to Supply Engines to the Indonesian Navy

German Company Wins Contract to Supply Engines to the Indonesian Navy

A German company, MAN Energy Solutions, has won a contract from shipbuilder Abeking & Rasmussen to supply MAN 12V175D-MM engines for two mine-countermeasures vessels ...
Duterte Approves Acquisition of 15 Black Hawk Helicopters

Duterte Approves Acquisition of 15 Black Hawk Helicopters

President Rodrigo Duterte has approved the acquisition of 15 Black Hawk helicopters to slowly address the growing heavy-lift deficiency of the Armed Forces of the Philippines ...
New Opportunities for Vietnam Agricultural Exports

New Opportunities for Vietnam Agricultural Exports

Vietnamese exports of agrifood products are expected to play an increasingly important role in the country's trade flows as a consequence of a series of recent ...
Indonesian Agriculture E-commerce Company Register More Than 600% Growth in 2020

Indonesian Agriculture E-commerce Company Register More Than 600% Growth in 2020

TaniHub, an Indonesian e-commerce company that focuses on the supply and distribution of agricultural produce, registered an increase of more than 600% gross revenue growth ...
Vinamilk’s Dairy Exports to China Take Off

Vinamilk’s Dairy Exports to China Take Off

Vietnamese dairy giant Vinamilk successfully exported ten containers of high-quality plant-based milk during the opening weeks of 2021, including almond and red bean soymilk, ...

Regional O+O Partnership Launched by Grab and AS Watson

Grab, South East Asia's largest mobile technology company, and AS Watson, the world's largest international health and beauty retailer, will collaborate across multiple ...

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