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
Malaysian Government to Accelerate Development of Electric Vehicle Technology
Malaysia's Ministry of Science, Technology, and Innovation (MOSTI) has launched The NanoMalaysia Energy Storage Technologies Initiative (NESTI) Program to support the ...
Freeport Indonesia to Build Copper Smelter Complex
Freeport Indonesia, a joint venture between US-based Freeport-McMoRan and the Indonesian government, has begun to construct copper smelter and precious metal refinery in ...
Export Value for Agricommodity Sector to Hit USD 36.55 Billion
Malaysia’s export value of its agricommodity sector in 2021 is expected to hit MYR 204 billion (USD 49.06 billion), a significant increase from MYR 152 billion (USD 36.55 ...
New Collaborations to Accelerate the Development of Malaysia’s EV Charging Infrastructure
Yinson Green Technologies (M) Sdn Bhd has signed a term sheet with GreenTech Malaysia Alliances Sdn Bhd (GTMA), a subsidiary of the Malaysian Green Technology and Climate ...
Digital Payments in Thailand Quadruple from Pre-Pandemic Levels
In October 2021, the Central Bank of Thailand revealed that digital payments in the country have quadrupled from pre-pandemic levels.
The number of daily transactions made ...
DHL Express, Pen Aviation Collaborate to Pursue Cargo Drone Delivery
DHL Express, the leading international courier firm, and Pen Aviation, a Malaysia-based aviation solutions provider, have embarked on a partnership to commercialize ...
Decathlon Partners with Country’s Largest Mall Chain SM Supermalls
Decathlon, the world's largest sports retailer, and SM Supermalls, the Philippines’ largest mall developer, consolidated their partnership with further Decathlon store ...
Consortium for USD 560 Million Coal-to-Methanol Plant Feasibility Study
PT Powerindo Cipta Energy (PCE) and China National Chemical Engineering Corporation (CNCEC) have formed a consortium to start a feasibility study for a coal-to-methanol plant ...
Collaboration in Indonesia for Cage-Free Egg Production
Global Food Partners (GFP) have launched a collaboration with Vencomatic to develop a model farm in Indonesia with the goal of furthering cage-free egg production in the ...
British Company Launches Insect-Based Pet Food in Thailand
British company Yora has become the first brand to offer complete insect-based dog food in the Thai market, with cat food to be launched in early 2022.
Yora's local ...
BOI Greenlights PHP 603 Million Hospital Project in Cagayan
The Board of Investments (BOI) has approved incentives for a PHP 603 million (USD 12 million) hospital project that will cater to COVID-19 patients in the Cagayan Valley ...
BOI Approves Two Poultry Projects Worth USD 3.3 Million
The Board of Investment (BOI) approved two agricultural projects amounting to PHP168 million (USD3.3 million) to support and improve the meat processing industry of the ...
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