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

South Korea’s SK Group to Invest in Vietnam’s Largest Pharmacy Chain

South Korea’s SK Group to Invest in Vietnam’s Largest Pharmacy Chain

SK Group, one of South Korea's largest conglomerates, has been reported to be planning an investment in Vietnam’s largest pharmacy retail chain, Pharmacity, with an expected ...
SNC-Lavalin to Deliver High-Tech Manufacturing Facility in Malaysia

SNC-Lavalin to Deliver High-Tech Manufacturing Facility in Malaysia

SNC-Lavalin Group Inc., a fully integrated professional services and project management company headquartered in Canada, has been commissioned by US-based firm DexCom Inc., a ...
Review of Singapore’s Long-Term Land Use Needs

Review of Singapore’s Long-Term Land Use Needs

Singapore's Urban Redevelopment Authority (URA) has launched a year-long public engagement exercise for the Long-Term Plan Review (LTPR), as part of efforts to involve ...
Indonesia Aims for Over 5,000 km of Toll Roads by 2024

Indonesia Aims for Over 5,000 km of Toll Roads by 2024

Indonesia's Ministry of Public Works and Public Housing (PUPR) has set a target of extending the length of Indonesia's toll roads to 5,103 kilometers from 2,386 km by ...
Ericsson Malaysia Appointed to Build 5G Infrastructure

Ericsson Malaysia Appointed to Build 5G Infrastructure

Digital Nasional Bhd (DNB), the government-owned special purpose vehicle (SPV) that is undertaking the deployment of the 5G infrastructure and network nationwide, announced ...
Construction of Long Thanh Airport to Be Completed by March 2025

Construction of Long Thanh Airport to Be Completed by March 2025

The Minister of Transport of Vietnam has set March 2025 as the deadline for the first phase of the Long Thanh International Airport project. As a result, the pilot operation ...
Singapore’s Punggol Digital District Welcomes International Tech Players

Singapore’s Punggol Digital District Welcomes International Tech Players

Singapore's Punggol Digital District is positioning itself as the location of choice for technology companies. Four international companies have confirmed their plans to set ...
Philippines Data Centers Demand Surge Fueled by E-commerce

Philippines Data Centers Demand Surge Fueled by E-commerce

The Philippines is entering the spotlight as one of the emerging Data Center (DC) markets in Southeast Asia with high growth alongside Malaysia and Thailand. Various firms ...
DTAC Launches 5G Private Network for Thai Enterprises

DTAC Launches 5G Private Network for Thai Enterprises

In July 2021, Thai telecommunication company DTAC announced the launch of its proof-of-concept 5G Private Network solution. The solution is envisaged to help enterprises ...
Central Banks of Malaysia and Thailand Launch Cross-Border QR Payment Linkage

Central Banks of Malaysia and Thailand Launch Cross-Border QR Payment Linkage

The central banks of Malaysia and Thailand have collaborated to launch a cross-border Quick Response (QR) payment linkage which enables consumers and merchants in both ...
Apple Strengthens its Supplier Chain in Vietnam

Apple Strengthens its Supplier Chain in Vietnam

Hundreds of thousands of workers are employed in Vietnam by Apple´s suppliers, such as Foxconn and Wistron. These players have been investing heavily in Vietnam since the ...
South Korea to Develop Income Model for Indonesia’s Peatlands

South Korea to Develop Income Model for Indonesia’s Peatlands

While Indonesia maintained its headline target to lower greenhouse gas emissions by 41% by 2030 with international assistance, the country has recently updated its adaptation ...

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