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

South Africa’s ExecuJet MRO Services Plans for Expansion in Malaysia

South Africa’s ExecuJet MRO Services Plans for Expansion in Malaysia

ExecuJet MRO Services, an international aviation services provider based in Johannesburg, has announced its latest expansion plan at its Subang Airport facility to cater to ...
Bangkok-based mu Space Building Spaceship in 2021

Bangkok-based mu Space Building Spaceship in 2021

Thai startup and space technology company mu Space recently conducted the soft opening of its spaceship factory – the first in Thailand – a prototype that will form the basis ...
Additional Support for Covid-19 Affected Aviation Sector

Additional Support for Covid-19 Affected Aviation Sector

With passenger traffic down 98% year-on-year in November, the aviation sector is not expected to recover anytime soon. In late December 2020, the Singapore Government stated ...
Japanese Cosmetics Company Launches First Store in Ho Chi Minh City

Japanese Cosmetics Company Launches First Store in Ho Chi Minh City

Japanese cosmetics and drugs retailer Matsumoto Kiyoshi recently opened its first store in downtown Ho Chi Minh City, covering 274 square meters and featuring over 6,000 ...
New Trends Gain Traction among Thai Food Producers

New Trends Gain Traction among Thai Food Producers

Consumers in South East Asia have become more concerned with maintaining healthy lifestyles and with food safety, and are seeking alternatives to traditional foods, a trend ...
US Dairy Export Council Opens Center for Dairy Excellence in Singapore

US Dairy Export Council Opens Center for Dairy Excellence in Singapore

The US Dairy Export Council (USDEC) has continued to expand its progress in South East Asia since it first entered the region in 1998, opening a new US Centre for Dairy ...
Sun Care Products Drive Personal Care Sector in the Philippines

Sun Care Products Drive Personal Care Sector in the Philippines

Data analytics company GlobalData has reported that the rise in demand for suncare products will drive the Philippines' personal care sector, which is projected to record a ...
Astral Asia Bhd to Venture into FMCG E-Commerce

Astral Asia Bhd to Venture into FMCG E-Commerce

Malaysia-based Astral Asia Bhd (AAB) is planning to diversify its core businesses to include e-commerce, focussing on fast-moving consumer goods (FMCG).  The new e-commerce ...
Microsoft, Google and Other American Giants Investing in Indonesia’s E-commerce

Microsoft, Google and Other American Giants Investing in Indonesia’s E-commerce

Microsoft has entered into a strategic partnership with Bukalapak, one of Indonesia’s leading e-commerce platforms, while Google and Temasek have agreed to invest USD 350 ...
Pharmaceutical Giant STADA Seeking Full Ownership of Vietnamese Pymepharco JSC

Pharmaceutical Giant STADA Seeking Full Ownership of Vietnamese Pymepharco JSC

Pharmaceutical giant STADA Arzneimittel AG first invested in Vietnamese Pymepharco Joint Stock Company (PME) in 2008, and over the years it has increased its direct and ...
Oxford University’s Covid-19 Vaccine to be Produced in Thailand for the Regional Market

Oxford University’s Covid-19 Vaccine to be Produced in Thailand for the Regional Market

Oxford University, which has partnered with British-Swedish pharmaceutical company Astra-Zeneca to produce a Covid-19 vaccine, has announced that it will use Thailand as its ...
Thermo Fisher Builds Pharmaceutical Product Facility in Singapore

Thermo Fisher Builds Pharmaceutical Product Facility in Singapore

Global life sciences company, Thermo Fisher Scientific, has announced plans to develop a facility with two new sterile filling lines in Singapore, extending its capacity for ...

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