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
Microsoft to Invest in Cloud And AI-Powered Thailand
Microsoft has committed to developing new cloud and AI infrastructure in Thailand, offering AI training to over 100,000 people and supporting the country's growing developer ...
South Korea’s Kakao Healthcare and Indonesian University Partner on AI-Powered Blood Sugar Management Solution
South Korean health-tech company Kakao Healthcare has entered into a memorandum of agreement (MOA) with Universitas Indonesia Hospital (RSUI) to collaborate on localizing and ...
Malaysia to Spend USD 31 Million to Upgrade 400 Healthcare Facilities
Malaysia's Health Ministry announced that a total of 401 projects aimed at upgrading health clinics and other healthcare facilities across the country are currently underway ...
Sumimoto Seika Chemicals Constructs New Production Facility in Singapore
Japanese chemicals manufacturer Sumitomo Seika Chemicals Co., Ltd. has commenced construction of a new production facility on Jurong Island of Singapore. This new plant will ...
Aboitiz InfraCapital Launches TARI Estate to Boost Industrial Development in Central Luzon
Aboitiz InfraCapital Economic Estates has commenced the development of TARI Estate, a significant new industrial hub in the province of Tarlac, Philippines. Leveraging ...
Samsung Electronics Plans to Invest Around USD 1 billion Annually in Vietnam
Samsung Electronics has committed to increasing its annual investment in Vietnam to USD 1 billion, recognizing the country as a crucial manufacturing hub in the region. As ...
New Incentives Launched in Thailand
The Thailand Board of Investment (BOI) approved incentives to attract the organizers of large international concerts, sporting events, and festivals. These incentives support ...
Satellite Provider ST Engineering Direct Partners with Indonesian Satellite Provider to Improve Connectivity
ST Engineering iDirect and PT Bis Data Indonesia have announced a collaboration to deploy advanced satellite communications infrastructure for the Indonesian government’s ...
Alteredverse Plans Virtual Model of Singapore’s Shopping Street
Foot traffic and sales have slowed at Singapore's premier shopping district on Orchard Road, but a local tech start-up, Alteredverse, aims to rejuvenate the area by ...
Petronas and Sinopec Form Strategic Alliance to Propel Energy Innovation
Malaysia’s state-owned oil company, Petroliam Nasional Berhad (Petronas), has entered into a strategic collaboration with China Petrochemical Corporation (Sinopec) to explore ...
Leading Tractor Manufacturer Expands to Thailand
Mahindra & Mahindra, the world’s largest tractor manufacturer by volume, has formally announced its plan to enter the ASEAN market, beginning with Thailand. ASEAN, a ...
United States Pledges USD 126 Million for Ambitious Geothermal Project in Indonesia
The Deputy Chief Executive Officer (DCEO) of the US International Development Finance Corporation (DFC) unveiled a fresh commitment of up to USD 126 million for PT Medco ...
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