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
Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines
Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to ...
VinFast to Manufacture Batteries in Vietnam and Electric Cars in the US
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company's electric car ...
Oatly Partners with Yeo’s to Produce Oat Milk in Singapore
Swedish plant-based milk maker Oatly and Singaporean beverage firm Yeo's are jointly investing USD 22.3 million in equipment and facility to produce oat milk in ...
German-based Leuze To Open First Production Plant in South East Asia
World-class optical sensor producer from Germany, Leuze Electronic GmbH + Co KG, will open its first South East Asia production plant in Melaka, Malaysia. The plant is its ...
Philippines to Spend USD 5.8 Million for Railway Construction in 2022
In a virtual conference, the Department of Transportation has revealed that it will be spending USD 5.8 million for railway projects in 2022. The government awarded 32 ...
Keppel, Facebook and Telin to Build Subsea Cable System
Keppel Telecommunications & Transportation (Keppel T&T), Facebook and Telekomunikasi Indonesia International (Telin) have entered into a joint build agreement to ...
Vantiq and PrimusTech Collaborate on Smart Buildings and Smart Healthcare
US technology company Vantiq has announced a partnership agreement with Singapore-based Primus Tech for the development and deployment of real-time applications that further ...
Microsoft to Launch First Datacenter Region in Indonesia
Microsoft has announced that it will launch its first datacenter region in Indonesia as part of its Berdayakan Ekonomi Digital Indonesia initiative. The datacenter will ...
Investors Bet on the Da Nang ICT Park
The Trung Nam Group, a professional organization investing in energy, infrastructure, and real estate, has begun work on five factories worth USD 65.2 million at the Da Nang ...
Green Climate Fund to Accelerate Energy Efficiency Investment in Vietnam
On behalf of the Green Climate Fund (GCF), the World Bank has signed a grant worth USD 11.3 million issued to the State Bank of Vietnam (SBV) to to support energy efficiency ...
Thailand Invests in Electric Vehicles; Attracts US Specialist
Aiming for a zero-carbon future, Thailand is currently developing long-term strategies to present at the 26th session of the United Nations climate change conference (COP26), ...
Malaysian Water Agencies to Begin Water Reclamation Initiative in Malaysia
Malaysian Water Agencies, Air Selangor in Selangor state, and Indah Water Konsortium Sdn Bhd (IWK), a company under the Ministry of Finance have signed a partnership ...
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