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-based Thomson X Enters Strategic Partnership with Eye Healthtech Startup Plano
Thomson X, a wholly-owned subsidiary of the Thomson Medical Group (TMG), entered into a strategic partnership with Singapore-based healthtech startup Plano. The partnership ...
PEZA Opens First Pharma Ecozone in Bulacan
The Philippine Economic Zone Authority (PEZA) has officially granted Philstar Marketing Development, Inc. registration as a developer and operator of its First Bulacan ...
New Joint Venture for Production and Distribution of Covid-19 Test Platform
Achiko AG and PT Indonesia Farma Medis (PIFM) have established a new joint venture called PT Achiko Medika Indonesia. PFIM and Achiko will jointly manufacture and assemble ...
Japan’s Healthcare Firms Expand Footprint in Vietnam
According to the Japan External Trade Organization (JETRO), Japanese companies operating in the healthcare sector are increasing their presence in Vietnam through both ...
Siriraj Hospital Implementing NTT and Cisco’s Telemedicine Solutions for Stroke Patients
Global technology services provider companies NTT and Cisco commenced a partnership with one of the biggest public hospitals in Thailand, Siriraj Hospital, to implement ...
Thailand Eyes Significant Electric Vehicles Expansion by 2030
To address worsening air pollution, Thailand has set a target for electric vehicles (EVs) to account for 30% of car production by the end of the decade. The 30% target will ...
Philippines Aims to Become PPE Manufacturing Hub in Asia
The Philippine government, through its lead investment promotion arm, the Board of Investments (BOI), is wooing Japanese manufacturers to turn the Philippines into their ...
Apple to Shift More Production to Vietnam
Despite the hope that US-China tensions will ease under President Joe Biden, Apple has not slowed down its supply chain diversification process out of China. According to ...
Wabtec to Supply Brake Systems for Singapore Mass Rapid Transit (MRT)
Wabtec (Westinghouse Air Brake Technologies) has won an order from the Hyundai Rotem Company to supply key components for train cars to Singapore Mass Rapid Transit’s (MRT) ...
Thailand’s Industrial Estates Likely to Expand in 2021
According to Colliers International Thailand, in 2021, land sales and leases will grow by 5-10% on average or 2,500-3,000 rai, thanks to government investment and ...
New Metro Project Approved for Hanoi
Vietnam's Ministry of Transport has approved Hanoi's proposal to construct the city's 5th Metro Line and has submitted an application to the Ministry of Investment and ...
First Automated Rapid Transit BRT System Arrives in Iskandar Malaysia for Testing Phase
The first automated rapid transit (ART) system has arrived in Johor for the state’s bus pilot testing program. The system will be implemented in Iskandar Malaysia in the ...
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