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
Singapore’s First Multi-Energy Filling Station
Union Gas Holdings Limited, an established provider of fuel products in Singapore, has exclusively appointed Surbana Jurong Group as part of a collaboration to study and ...
DOE Taps Private Sector to Provide Electricity Services in Palawan and Negros Occidental
The Department of Energy (DOE) has declared a total of 69 locations in Negros Occidental and Palawan as remote, underserved and unserved areas, which are open for the private ...
Thailand and UK to Form Joint Trade Committee on Commerce and Economic Cooperation
Thailand and the United Kingdom are planning to sign a memorandum of understanding (MoU) to set up a Joint Trade Committee on Commerce and Economic Cooperation. According to ...
SIA Engineering Company Signs MoU to Discuss Potential Acquisition of SR Technics Malaysia
Singapore-based MRO specialist SIA Engineering (SIAEC) has signed a preliminary agreement with SR Technics Switzerland to acquire SRT Malaysia, the latter’s local subsidiary ...
Indonesia Deliberating the Purchase of Submarines from Germany
The Indonesian Ministry of State-Owned Enterprises and the Ministry of Defense (MoD) is in discussion with German shipbuilder Thyssen-Krupp Marine Systems (TKMS) to ...
Nestlé Partners with Kyochon To Roll-Out Meat-Free Menu in Malaysia
World’s largest food and beverage manufacturer, Nestlé has partnered with South Korea’s leading fried chicken brand, KyoChon to introduce a meat-free menu via its all-new ...
Tobacco Authority and Private Players Pushing for Commercialization of Cannabis and Hemp
According to the governor of the Tobacco Authority of Thailand (TOAT), the business value of cannabis and hemp could reach THB 10 billion ten (USD 315 million), which can ...
Flores Island Water Management System to be Upgraded
The Indonesian Ministry of Public Housing, in collaboration with the Korean Ministry of Environment, has launched a pilot project to upgrade the Flores Island water ...
Thailand Achieves Over USD 16 billion in Local and Foreign Investment in 2020
The Thailand Board of Investment (BOI) has revealed that in 2020 the country received a total of 1,717 applications from both local and foreign investors, representing a ...
Indonesia’s Food Delivery Market Ranks First in the Region
In 2020, Indonesia’s food delivery service accounted for USD 3.7 billion in Gross Merchandise Value (GMV), making it the largest market in the region. Overall, the region’s ...
FGV Introduces New Plant-Based Industrial Products to Expand its Brand in Asia Pacific
FGV Holdings Berhad (FGV), Malaysia’s plantation and food conglomerate through its subsidiary firm Delima Oil Products Sdn Bhd (DOPSB) is planning to expand its downstream ...
Sunway Medical Center Introduces Telemedicine Command Center
Sunway Medical Centre, a leading private tertiary hospital in Malaysia has officially established a Command Center for Telemedicine Services which will serve as the focal ...
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