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
Daiwa Builds USD 40 Million Sports Equipment Factory in Da Nang City
Japanese sporting goods company Daiwa Vietnam recently commenced the construction of its third plant in Vietnam. Worth USD 40 million and located in Hoa Khanh Industrial ...
DuPont’s New Manufacturing Facility in Singapore
DuPont Nutrition & Biosciences has announced the mechanical completion of its new Flexiblend facility in Singapore. The new plant will leverage DuPont’s advanced ...
Vietnam’s Provinces Call for the Development of 5G
The provinces of Phu Tho and Binh Phuoc recently proposed to the Ministry of Information and Communications to develop 5G in their areas.
The Vietnam Telecommunications ...
Nokia and Ericsson Selected for 5G Deployment in Thailand
Thai mobile operator DTAC has selected Nokia as its first 5G radio access network (RAN) partner in a three-year deal covering the north and northeastern regions of Thailand. ...
Indonesia’s E-Commerce Sector Number One in South East Asia
According to research undertaken by Bank DBS Indonesia, the country has the highest rate of e-commerce in South East Asia. Since 2019, 90% of internet users in Indonesia have ...
PUB Awards Contract for Industrial Water Treatment Modules
In late December 2020, the Public Utilities Board (PUB) announced that it would award a SGD 237 million (USD 180 million) contract to the China State Construction Engineering ...
UK – Singapore Free Trade Agreement Comes into Force
A new trade agreement between Singapore and the United Kingdom, the United Kingdom – Singapore Free Trade Agreement (UKSFTA), has officially come into force as of 1 Jan 2021, ...
Indonesia to Strengthen Underwater Security
Following the recent discovery of an Unmanned Underwater Vehicle (UUV) near Selayar Island in South Sulawesi, Indonesia looks to strengthen its underwater security and ...
Tariffs for ANZ Dairy Exports to Thailand Removed Progressively
Among South East Asian countries, Thailand is the largest producer and exporter of dairy products. In producing these items, Thailand is import-dependent for raw materials ...
Taco Bell Opens its First Restaurant in Jakarta
Taco Bell – the world-renowned Mexican-inspired quick service restaurant (QSR) – officially opened its doors to the public in Indonesia on December 18, 2020, with the opening ...
Philippines Plans Start of Covid-19 Vaccine Rollout by End-February 2021
The Philippines government is planning to start the vaccination against COVID-19 for Filipinos by the third or fourth week of February. According to the country’s vaccine ...
Philippine Congress Encouraged to Pass Key Economic Bills
The Department of Trade and Industry (DTI) has called on the bicameral Congress to urgently sign the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, a ...
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