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
Kalera Builds First Phase of a Vertical Mega-Farm in Singapore
Kalera, a leader in sustainable indoor vertical farming, has finalized phase one of the construction at the Changi Logistics Centre with the completion of the core structure ...
Fujifilm to Help Establish Malaysia’s First Endoscopy Training Centre
Fujifilm Malaysia, a subsidiary of Japan’s leading camera and photography company, Fujifilm Corporation, has partnered with the University of Malaya Medical Centre (UMMC) to ...
Dyson to Invest USD 1.1 Billion in Singapore over 4 Years
In 2020, global tech and household appliances company Dyson first announced its USD 3.6 billion global investment plan, which would see its investment funds divided between ...
Austrian Company Builds World’s Largest Lyocell Plant in Thailand
Austria's Lenzing Group, a leading supplier of wood-based specialty fibers, has just announced the successful completion of its key lyocell expansion project in Thailand. The ...
American Healthcare Provider, Optum, Expands in the Philippines with New Offerings
Optum Global Solutions Philippines, an American healthcare services and innovation company and a subsidiary of UnitedHealth Group, is celebrating its tenth year of operations ...
5 MW Battery Energy Storage System Pilot Project Launched in Indonesia
The Indonesian state-owned utility PLN has signed a memorandum of understanding (MOU) with the Indonesia Battery Corporation (IBC) to build a 5 MW battery energy storage ...
Economic Recovery of Indonesia to Continue in 2022 as Manufacturing Expands
Economic recovery in Indonesia is expected to continue in 2022 because of the growth in investment and the continued strength of exports, according to UOB. UOB forecasts that ...
US-Vietnam to Strengthen Climate Change Cooperation
The US will strengthen exchanges and cooperation with Vietnam regarding climate change response in order to achieve the goals set by leaders of the two countries at the 26th ...
Vietnamese Wood Industry Set to Grow Buoyed by FTAs
Recovering from the negative economic impact of the Covid-19 pandemic, Vietnam’s exports of timber and non-timber forest products were estimated to have reached a value of ...
Indonesia to Add 9 Million Digital Talents by 2030, Creating Opportunities for Private Players
Indonesia will need at least nine million digital talents by 2030, according to the Coordinating Minister for Economic Affairs.
The country's digital economy currently ...
Thailand’s Biggest Retailer to Invest USD 3 Billion in Business Expansion
Central Retail Corporation, Thailand's biggest retailer, recently revealed plans to invest THB 100 billion (USD 3 billion) over the next five years to expand its retail ...
Vietnam to Develop Its Seaports Systems for 2021-2030 with a Vision to 2050
According to a Prime Minister's resolution approving the national seaport plan for 2021-2030 with a vision to 2050, Vietnam's seaports are classified into different groups ...
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