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
Swedish Entrance Automation and Door Control Specialist Opens USD 30 Million Factory in Vietnam
In September 2024, Assa Abloy Group, a global leader in entrance automation and door control solutions, inaugurated its USD 30 million factory in the northern port city of ...
Tanco Holdings to Boost Southeast Asia’s Logistics Hub with AI-powered Container Port
Tanco Holdings Bhd, a publicly listed property company in Malaysia, has joined forces with CCCC Dredging Southeast Asia Sdn Bhd (CDSA) to develop Malaysia's first smart ...
Mediterranean Shipping Company Eyes Investment in Vietnam’s Key Infrastructure Projects
Switzerland-based Mediterranean Shipping Company (MSC), one of the world’s largest shipping lines, is exploring investment opportunities in Danang’s Lien Chieu port, a key ...
Taiwanese Company Expand AI Solutions in Vietnam to Drive Digital Transformation
iKala, a leading AI transformation solutions provider from Taiwan, has joined forces with TPIsoftware, a digital transformation software company, to expand into the ...
Oracle to Invest USD 6.5 billion to Launch New Cloud Region in Malaysia
Oracle has unveiled plans to invest over USD 6.5 billion to establish a public cloud region in Malaysia, responding to the growing demand for artificial intelligence (AI) and ...
AIH Brings Singapore-Standard Healthcare to Vietnam
American International Hospital (AIH) is collaborating with Raffles Hospital Singapore to introduce advanced medical treatments to Vietnam, offering Singaporean-standard ...
Digitalization of Government Healthcare Facilities in Malaysia
Malaysia is focusing on the digital transformation of its healthcare system, aiming to enhance medical tourism and provide remote villages with improved access to medical ...
Vietnamese Companies Set Packaging Recycling Goal
PRO Vietnam, a coalition of large companies from the consumer goods, packaging, retail, and import sectors, has committed to recycling 64,000 tons of packaging materials in ...
Germany’s PNE AG Seeks Partners for USD 4.6 Billion Offshore Wind Project in Vietnam
PNE AG, a Germany-based leader in wind energy development, is actively seeking sustainable partners for the USD 4.6 billion Hon Trau offshore wind power project, located in ...
Vietnam and UAE Strengthen Economic Ties with CEPA Agreement
Vietnam and the UAE have signed a Comprehensive Economic Partnership Agreement (CEPA) during Prime Minister Pham Minh Chinh’s state visit to the UAE, marking a milestone in ...
Vietjet and Franco-American Aircraft Engine Manufacturer Enter USD 8 Billion Agreement
Vietjet and CFM International, the Franco-American aircraft engine manufacturer, have reaffirmed their partnership with a commitment to supply over 400 LEAP-1B engines and ...
Malaysia’s Water Sector Transformation 2040 Agenda to Boost GDP
Malaysia's Minister of Energy Transition and Water Transformation has launched the Water Sector Transformation 2040 (WST 2040) agenda, which is expected to significantly ...
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