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
Malaysia Sets 2028 Target for National Remote Sensing Satellite Operations
The Malaysian Ministry of Science, Technology, and Innovation has announced that the National Remote Sensing Satellite Development Programme (PSPJN) is scheduled to begin ...
Petronas and Partners Drive Next-Gen 5G Solutions with New R&D Lab
Malaysia’s state-owned energy giant Petronas, in collaboration with its education arm Universiti Teknologi Petronas (UTP) and TM One, the enterprise solutions arm of Telekom ...
Singapore’s Black Group to Invest USD 74 Million in Medical-Hospitality Facility in Kuala Lumpur
Singapore-based Black Group Investment Holding is investing USD 74 million to develop a cutting-edge medical and hospitality facility in Kuala Lumpur’s Golden Triangle. The ...
Malaysia’s Selangor State Invests in Water Treatment Plants and Infrastructure
The Selangor government is intensifying efforts to secure a sustainable water supply by developing a new water treatment plant (WTP) and enhancing existing infrastructure. ...
Australia’s EXAL Group and Solarvest Partner to Advance Clean Energy in Malaysia
Australia’s property developer EXAL Group has partnered with Malaysia’s publicly listed clean energy company, Solarvest Holdings Berhad, to incorporate sustainable energy ...
Malaysia Secures Record of USD 80 Billion in Approved Investments for 2024
Malaysia achieved a historic milestone in 2024 with USD 80 billion (MYR 378.5 billion) in approved investments, marking a 14.9% year-on-year increase and signaling strong ...
UAE’s EDGE Group Expands Collaboration with Malaysia’s Ketech Asia on CAR 816 Rifle
UAE-based EDGE Group has expanded its collaboration with Malaysian defense firm Ketech Asia, an advanced ammunition manufacturer and firearms solutions provider, to enhance ...
Malaysia’s Pahang State Government Strengthens Agricultural Ties with Australia Through Six MOUs
The Pahang state government in Malaysia has formalized six memorandums of understanding (MOUs) with key Australian agricultural industry players. These agreements encompass ...
Singapore Boosts Defense Spending to USD 19.7 Billion by 2029
Singapore’s defense spending is projected to reach USD 19.7 billion by 2029, reflecting the country’s continued investment in advanced military technologies to maintain its ...
Billionaire Wealth in Singapore Surges to USD 155 Billion
Singapore has become an increasingly attractive destination for billionaires, with the number of high-net-worth individuals calling the city-state home rising to 47 in 2024. ...
PacificLight Power to Develop USD 1 Billion Hydrogen-ready Power Plant by 2029
PacificLight Power is set to develop a USD 1 billion hydrogen-compatible natural gas power plant on Jurong Island in Singapore, slated to begin operations by 2029. With a ...
BMW and Singaporean Company Team Up for Closed-Loop Battery Recycling
BMW Group has entered into a battery recycling partnership with Singapore-based SK tes to recover critical raw materials such as cobalt, nickel, and lithium from used ...
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