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
Cloud Kitchens Poised to Grow in Indonesia
Due to the Covid-19 pandemic, Indonesia has witnessed a series of lockdowns and social restrictions which prompted as many as 1,600 food establishments to close their doors. ...
Indonesia to Introduce Two New Special Economic Zones in Batam
Indonesia has announced plans to establish two new special economic zones (SEZs) in Batam. The new SEZs, Nongsa Digital Park and Batam Aero Technic, are being developed to ...
Princeton Digital Group to Open a New Data Center in Indonesia
Princeton Digital Group (PDG), a Singapore-based leading data center provider, has announced plans for a greenfield development in Jakarta, Indonesia. The move is part of ...
Indonesia Mandates Oxygen Producers to Prioritize Medical Oxygen
Indonesia, which is currently battling its latest wave of Covid-19, is in great need of oxygen. The government has released a mandate for oxygen producers to prioritize ...
Jokowi’s New Economic Strategy for Indonesia to Focus on Green Economy
President Jokowi recently unveiled a three-pronged economic strategy to speed up the country’s economic growth. Green economy is a key focus of the strategy, together with ...
Indonesia to Start Construction of Its Fist Utility-Scale Floating Solar Power Plant
Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, have announced that financial ...
Indonesia Witnesses 7% Economic Growth in Q2 2021
After contractions in the previous four consecutive quarters, Indonesia’s economy registered its first growth in Q2/2021. According to Statistics Indonesia (BPS), Indonesia’s ...
Indonesia’s Fisheries Platform Aruna Obtains USD 35 Million in Funding
Aruna, a leading fisheries and marine platform in Indonesia, has announced that it has raised USD 35 million in Series A funding.
Founded in 2016, Aruna's tech-enabled ...
Upgrade Approved for Con Dao Airport
The Ministry of Transport of Vietnam has authorized plans to expand the airport on Con Dao Island, which will be able to accommodate up to 2 million people and 4,400 tons of ...
Vietnam Launches Platform to Connect its Entire Network of National Health Centers
In August 2021, Vietnam inaugurated the Telehealth platform, which facilitates connections of all health centers nationwide, from district hospitals to those at the national ...
Vietnam Set to Become a Green Energy Powerhouse
Vietnam has become a leader in clean energy solutions, with the highest installed capacity of solar power in Southeast Asia, generating 16,500 megawatts at the end of 2020 ...
Thailand Announces New Incentives for Semiconductor Manufacturing
Thailand Board of Investment (BOI) has announced plans to promote investment in the manufacturing of semiconductors and related R&D activities, aiming to strengthen the ...
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