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

Indonesia Joins Coal Transition Program, Biodisel Consumption to Reach over 10 Million Kiloliters in 2022

Indonesia Joins Coal Transition Program, Biodisel Consumption to Reach over 10 Million Kiloliters in 2022

The four countries of India, Indonesia, the Philippines and South Africa, which account for 15% of global coal emissions, have recently joined a pilot program to accelerate ...
Indonesian Primary Weaponry System to be Modernized in 2022

Indonesian Primary Weaponry System to be Modernized in 2022

The Indonesian Ministry of Defense is focusing on acquisitions to modernize the Army’s defense equipment and improve the Army’s readiness for defending the country's ...
Danish Water Company Launches its New Smart Controller in Thailand

Danish Water Company Launches its New Smart Controller in Thailand

Grundfos, a Danish company specializing in advanced pump solutions and water technology, has recently launched in Thailand its new LC232 Controller. The solution is branded ...
Thailand Buys Textron’s AT-6 Light-Attack Aircraft, Becoming its 1st Foreign Customer

Thailand Buys Textron’s AT-6 Light-Attack Aircraft, Becoming its 1st Foreign Customer

It has recently been reported that the Royal Thai Air Force awarded a USD 143 million contract to US-based Textron Aviation for eight Beechcraft AT-6 Wolverine light attack ...
Thailand to Launch New Incentives for Foreign Investment, Including for Foreign Movies

Thailand to Launch New Incentives for Foreign Investment, Including for Foreign Movies

Toward the end of 2021, Thailand announced new incentives for foreign investors, skilled professionals, and wealthy retirees. Incentives will span areas including immigration ...
Thailand Energy Company PTTEP Announces USD 27 Billion 5-Year Investment Plan

Thailand Energy Company PTTEP Announces USD 27 Billion 5-Year Investment Plan

Thai state-run energy company PTT Exploration and Production Public Company Limited (PTTEP) has revealed plans to invest USD 27 billion over the 2022-2026 period, with ...
Thai Energy Giant PTT Partners with Electric Vehicle Startup

Thai Energy Giant PTT Partners with Electric Vehicle Startup

PTT, Thailand's largest energy company, has just signed an agreement with Chinese electric vehicle (EV) startup Hozon aimed at expanding the Southeast Asian country's EV ...
ASEAN’s First 5G Smart Hospital Launched in Thailand

ASEAN’s First 5G Smart Hospital Launched in Thailand

Thailand’s Office of The National Broadcasting and Telecommunications Commission (NBTC), Siriraj Hospital, and Huawei Technologies (Thailand) Co., Ltd. have jointly launched ...
Thailand Increases 2022 Budget by 20% for Digital Projects

Thailand Increases 2022 Budget by 20% for Digital Projects

The government of Thailand has just allocated THB 2.4 billion (USD 72 million) in fiscal 2022 for the implementation of six digital projects under the Thailand Digital ...
Thailand to Have Southeast Asia’s Biggest BESS

Thailand to Have Southeast Asia’s Biggest BESS

Sungrow, an inverter solution supplier for renewables, has agreed to cooperate with Super Energy, a leading renewable energy provider, to build Southeast Asia's largest ...
Ford Invests USD 900 Million to Modernize Manufacturing Operations in Thailand

Ford Invests USD 900 Million to Modernize Manufacturing Operations in Thailand

Ford Motor Company has announced the modernization of its Thailand manufacturing operations with a USD 900 million investment in new technologies and systems. This is the ...
Thailand Oil Company Transforming Gas Stations into Retail Hubs

Thailand Oil Company Transforming Gas Stations into Retail Hubs

PTT Oil and Retail Business (PTTOR), the retail arm of Thailand's state-owned energy giant PTT, has announced that it expects to double its net profit by 2025 as the company ...

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