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
Indonesia Needs IDR 1,000 Trillion Investment to Reach 6% GDP Growth
The Indonesia’s Investment Coordinating Board (BKPM) is looking for nearly IDR 1,000 trillion of investment to push the country's economic growth to 6%, as per the national ...
Indonesia Considering Setting Fixed Fees for E-Wallet Transactions
Indonesia is mulling setting fixed fees on some e-wallet transactions at 0.7%. This step could have a significant impact on the rapidly growing digital payments sector in ...
Hyundai Motor to Build First South East Asian Plant in Indonesia
Hyundai Motor has struck an agreement with the Indonesian government to produce cars with auto parts supplied by local partners. This is the first time the Korean automaker ...
Grab Working with Indonesian Government to Develop EV Ecosystem
Grab and the Indonesian government have launched an Electric Vehicles (EV) Ecosystem Roadmap to accelerate EV adoption in Indonesia and create a more Environmentally ...
Foreign Players Investing in Toll Roads in Java
Foreign Investors are investing in the Trans Java toll roads that are part of the Trans Java network. Recently, two toll roads, Solo-Ngawi and Ngawi-Kertosono-Kediri, were ...
Bali to Upgrade Health Services
The Bali provincial government is on its way to upgrade the island’s health services. The goal is to create an online database for local residents and integrate Bali’s public ...
85 MW Geothermal Plant in West Sumatra Commences Operation
In December 2019, PT Supreme Energy Muara Laboh commenced commercial operations of its Muara Laboh Geothermal Power Plant (PLTP) located in Solok Selatan Regency, West ...
Vietnam’s Ministry of Health Launches Integrated Public Services Portal
Vietnam's Ministry of Health (MoH) has recently launched its public services portal, offering an integrated and better public access to online health-related administrative ...
Vietnamese Companies Exploring Local Production of 5G Chips and Devices
Leading telecommunication operators and technology firms in Vietnam are exploring production of locally-made 5G chipsets, network equipment and devices. This comes after the ...
Vietnam Airlines Signs Enginewise Service Agreement with Pratt & Whitney
Vietnam Airlines inked a 12-year EngineWise Comprehensive service agreement with Pratt & Whitney for the airline's Pratt & Whitney GTF (geared turbofan) engine ...
Quang Ngai to Build Carbon-Free Islands in Collaboration with Korean and Vietnamese Companies
A memorandum of understanding (MOU) on an initiative to help islands in the province of Quang Ngai become carbon-free was signed on November 14 by the Quang Ngai People’s ...
On-Demand Laundry Startup from Spain Comes to Vietnam
Spanish laundry services start-up Mr Jeff has announced plans to license 30 franchisees this year in Vietnam with the first 15 to open in major cities and provinces including ...
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