ASEAN BUSINESS NEWS

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

New Launch of Plant-Based Meat Products in Indonesia

New Launch of Plant-Based Meat Products in Indonesia

Indonesian plant-based meat startup Green Rebel has launched two new plant-based whole cut steak products in Indonesia in order to help bridge the growing demand for beef and ...
IFC to Invest USD 43 Million Supporting Pork Production in Vietnam

IFC to Invest USD 43 Million Supporting Pork Production in Vietnam

The International Finance Corporation (IFC), the largest global development institution focusing on the private sector in emerging markets, is helping GREENFEED Vietnam ...
FGV Launches the FGV Chuping Agro Valley in Malaysia

FGV Launches the FGV Chuping Agro Valley in Malaysia

FGV Holdings Berhad (FGV) has officially launched FGV Chuping Agro Valley (FCAV) in conjunction with the Northern Corridor Implementation Authority (NCIA). FGV is an ...
ZALORA Singapore Launches E-Commerce Booster Package

ZALORA Singapore Launches E-Commerce Booster Package

Leading fashion and lifestyle e-commerce platform, ZALORA, announced the launch of its first E-Commerce Booster Package in partnership with Enterprise Singapore, Singapore’s ...
South Korea’s Retailer emart24 Opens First Outlet In Malaysia

South Korea’s Retailer emart24 Opens First Outlet In Malaysia

Leading South Korean convenience store chain, emart24 has launched its first outlet in Malaysia, and plans to establish over 300 outlets nationwide within five years. The ...
Muji to Open First Store in Hanoi

Muji to Open First Store in Hanoi

Muji, a renowned Japanese retail company selling a wide variety of consumer goods, recently opened its first flagship store in Hanoi's Vincom Center Metropolis, after opening ...
AirAsia Acquires Gojek’s Thailand Operations in Thailand

AirAsia Acquires Gojek’s Thailand Operations in Thailand

AirAsia Digital (the digital arm of multinational low-cost airline AirAsia) and ride-hailing unicorn Gojek have announced a partnership whereby AirAsia Digital will acquire ...
Digital Health Apps Flourish in the Philippines Amid the Pandemic

Digital Health Apps Flourish in the Philippines Amid the Pandemic

Digital health platforms in the Philippines are expected to remain flourishing as the COVID-19 pandemic continues as evidenced by several apps reporting accelerated numbers ...
UMW Toyota Motor to Advance Local Manufacturing of Hybrid Electric Vehicles  in Malaysia

UMW Toyota Motor to Advance Local Manufacturing of Hybrid Electric Vehicles in Malaysia

UMW Toyota Motor Sdn Bhd (UMWT) recently announced its plan for local mass manufacturing of Hybrid Electric Vehicles (HEV) in Malaysia with an additional investment of MYR ...
South Korea’s KCC Glass to Open its First Overseas Factory in Indonesia

South Korea’s KCC Glass to Open its First Overseas Factory in Indonesia

KCC Glass Corporation, a representative integrated glass company in Korea, has announced plans to establish a glass factory in Batang Industrial Park, Central Java, ...
Japanese Company Establishes Production Center for Carbon Fiber in Vietnam

Japanese Company Establishes Production Center for Carbon Fiber in Vietnam

In July 2021, Teijin Carbon Vietnam Co., Ltd (TCV) began commercial production of carbon fiber goods such as prepreg, a fiber sheet pre-impregnated with matrix resin as an ...
Japanese Bicycle-parts Maker Shimano Invests USD 179 Million in Jurong Plant

Japanese Bicycle-parts Maker Shimano Invests USD 179 Million in Jurong Plant

Singapore has attracted some USD 179 million in investment from Japanese bicycle-parts maker Shimano, with its upcoming plant in Jurong Innovation District (JID) expected to ...

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