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
MDEC Chooses Synagie to Accelerate E-commerce Adoption in Malaysia
MDEC is the Malaysian government’s lead agency tasked with driving the growth of the digital economy in the country. Together with the Ministry of International Trade and ...
Malaysia Moving Towards Liberalization of Natural Gas Market
Malaysia is moving towards liberalizing its natural gas market with just one price review away to achieve market-based gas pricing this year. This was shared by Adif ...
EcoWorld and PowerChina Partner for Infrastructure Development in Malaysia
Eco World Development Group Berhad and PowerChina Group are collaborating on two large industrial and Infrastructure projects. The move is said to strengthen bilateral ...
Three SOEs Form Partnership to Develop Industrial Estates in Sebang
Construction firm PT Wijaya Karya (Wika), Manufacturing company PT Rajawali Nusantara Indonesia (RNI) and plantation company PT Perkebunan Nusantara VIII (PTPN VIII) have ...
PT Lloyd Pharma Indonesia Signs Licensing Agreement for HIV Drugs
San Diego, California-based Viriom Inc. signed a licensing agreement with PT Lloyd Pharma Indonesia for Elpida as well as other drugs from Viriom’s HIV (human ...
NTT Announces Plans to Develop Largest Data Center in Indonesia
NTT Com, the communications subsidiary of the Japanese ICT giant, NTT Group, will build a four-story, 194,000 square feet data center campus near Jakarta. Dubbed the ...
Japan’s INPEX Obtains Approval for Development of LNG Project in Indonesia
Japanese oil exploration and production company, INPEX, through its subsidiary INPEX Masela (51.93% held by Inpex), received official approval on 16 July from the Indonesian ...
Indonesian Coffee Business Startup Raises USD 20 Million
Indonesian startup, Kopi Kenangan raised USD 20 million from Sequoia India in June 2019. Previously in October 2018, the company raised USD 8 million in seed funding in a ...
Indonesia Implementing A Variety of Tax Breaks to Boost GDP Growth
Indonesia is implementing a comprehensive set of tax measures aimed at boosting investment, and stimulating economic growth, amid signs that the government's 5.3% growth ...
Indonesia and South Korea Collaborate on Water Management
Indonesian State-Owned Enterprise Perum Jasa Tirta II (PJT II) signed an agreement with Korea Water Resources Corporation (K-Water), establishing a partnership concerning ...
Hyundai and Toyota Investing in Electric Vehicle Production in Indonesia
Toyota Motor Corp will invest USD 2 billion to manufacture Electric Vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles to gradually ...
Garuda Indonesia to Use Drones for Cargo Transportation
Garuda Indonesia (Garuda), the national airline of Indonesia, has announced plans to set up a fleet of 100 unmanned aircraft or drones for cargo transportation within the ...
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