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 and Singapore Digital Providers Partner to Enable Fully Digital Cross-Border Trade
Malaysia-based digital services firm MYEG Services Bhd and Singapore’s STrade Data Exchange Service (SGTraDex) have formed a strategic alliance to facilitate secure, ...
Saudi Arabia’s ACWA Power to Invest Up to USD 10 Billion in Malaysia’s Renewable Energy Expansion
ACWA Power, a publicly listed company in Saudi Arabia and the world’s largest privately owned water desalination provider, has signed a memorandum of understanding with the ...
Malaysia Launches First Mobile Hydrogen Refueling Station to Advance Clean Mobility Goals
Malaysia has unveiled its first Mobile Hydrogen Refueling Station (MHRS), signaling a bold step forward in the country’s push for clean energy and hydrogen-based ...
Sunway Malls Sets Sights on Market Leadership with 10th Mall Launch in 2025
Sunway Malls, the retail division of Malaysian conglomerate Sunway Group, which operates across property, construction, healthcare, education, and hospitality, is on track to ...
German Food Tech Giant BAADER Establishes Regional Production Facility in Malaysia
Global food processing leader BAADER, a German multinational company, has officially inaugurated its first production facility in Asia, BAADER Food Systems Asia in Shah Alam, ...
Malaysia Unveils Southeast Asia’s First Sovereign AI Infrastructure
Malaysia has officially launched its Strategic Artificial Intelligence (AI) Infrastructure, becoming the first country in Southeast Asia to activate a sovereign, full-stack ...
Sarawak Deepens Amazon Web Services Collaboration to Position Itself as Regional Tech Hub
Sarawak’s state tech training agency, The Centre for Technology Excellence Sarawak (CENTEXS), has strengthened its collaboration with Amazon Web Services (AWS) to drive ...
Malaysia’s Betamek Partners with SiGenex to Scale AI-Integrated Genetic Diagnostics
Betamek Bhd, a Malaysian electronics manufacturing services (EMS) provider for the automotive industry, is expanding into the biotechnology sector through a strategic ...
Singapore Strengthens Global Trade Links with Pacific Alliance FTA and Landmark EU Digital Agreement
In May 2025, Singapore achieved two significant milestones in its international trade strategy with the activation of the Pacific Alliance–Singapore Free Trade Agreement ...
Singapore Navy to Deploy Unmanned Mine Countermeasure Fleet from 2027
The Republic of Singapore Navy (RSN) will begin deploying a new fleet of unmanned mine countermeasure (MCM) systems from 2027, as part of its ongoing efforts to modernize ...
Changi Airport Launches USD 3.5 Billion Terminal 5 Expansion with Major Construction Contracts
Changi Airport Group has awarded two major construction contracts worth about SGD 4.75 billion (approximately USD 3.5 billion) for the development of Terminal 5 (T5), marking ...
Singapore Launches Government-Owned GasCo to Secure Stable, Affordable Natural Gas Supply for Power Sector
Singapore has launched Singapore GasCo, a fully government-owned entity established to centralise the procurement and supply of natural gas for the country’s power sector. ...
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