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
AImazing Launches Analytics Software to Improve Mall Management Through Data Based Decisions
Retail-Tech startup AImazing has announced the launch of its retail-analytics data platform, aimed at allowing mall management and real-time data analytics without the need ...
Singapore Biotech Company Scales up Production of Human Lactoferrin
Singapore and US-based biotech company, TurtleTree, will scale up and develop its pioneering cell-based technologies on a commercial scale through a partnership with Solar ...
KAMMI to Ramp Up Local Assembly of Motorcycles
KTM Asia Motorcycle Manufacturing Inc. (KAMMI) is ramping up local assembly of motorcycles for export as the company approaches the 30,000-unit production milestone. KAMMI, a ...
Cavite Sets Bid Submission Deadline for Sangley Point International Airport
The Provincial Government of Cavite (PGC) has set September 20, 2021, as the deadline for the submission of bid proposals for the development of Sangley Point International ...
Retailers Taking to BNPL Platforms
The Covid-19 pandemic has contributed to the development of “Buy Now, Pay Later” (BNPL) segment in Malaysia, as retailers who have been impacted by long lockdowns turned to ...
Indonesian to Establish Center for Laptop Production
The Indonesian Ministry of Industry has announced plans to create an Engineering Center for laptop production, in order to build a market for domestically produced laptops ...
Indonesia Allocates USD 9.3 Billion for 2022 Defense Budget
The Indonesian government has revealed a 2022 defense budget of IDR 134.1 trillion (USD 9.3 billion). According to the Ministry of Finance, the number reflects a 12% increase ...
Warung Pintar Pushes for Digitization of Distribution Systems in the Traditional Grocery Sector
Warung Pintar, an Indonesian startup helping digitize the country’s vendors, has announced a collaboration with Coca-Cola Europacific Partners Indonesia (CCEP Indonesia) to ...
Signs of Retail Recovery in the Philippines
Swedish furniture maker has announced that IKEA Philippines will open its outlet in the Philippines in the 4th quarter of 2021. It was originally planned to open in 2020 but ...
Thailand Developing 5G Powered Health Information System
Thailand is developing a 5G-powered intelligent medical information system in cooperation with five organizations including Mahidol University's Faculty of Engineering, the ...
Tessa Therapeutics and A*STAR’s Collaborate to Form Cell Therapy Laboratory
Tessa Therapeutics Ltd. (Tessa), a clinical-stage cell therapy company developing next-generation cancer treatments for hematological malignancies and solid tumors, is ...
TE Asia Invests USD 50 million in Indonesian Health Projects
TE Asia Healthcare Partners, a healthcare group backed by US private equity firm TPG Capital, and Altrui Investment Management are investing USD 50 million in two medical ...
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