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

Sales of Imported Cars Surged Amidst the Pandemic

Sales of Imported Cars Surged Amidst the Pandemic

Sales of imported cars almost quadrupled in May 2021 compared with the level in the same month last year, according to the Association of Vehicle Importers and Distributors ...
DKSH, Kotányi GmbH Expand Partnership to Enter Malaysia

DKSH, Kotányi GmbH Expand Partnership to Enter Malaysia

Swiss-based market expansion services provider DKSH, through its local unit DKSH Business Unit Consumer Goods in Malaysia, has expanded its cooperation with Kotányi GmbH, an ...
Covid-19 Leads Indonesia’s Mom and Baby Products Market to Register Double Digit Growth

Covid-19 Leads Indonesia’s Mom and Baby Products Market to Register Double Digit Growth

The domestic demand for mom and baby products is poised to enjoy double-digit growth by 2025. This is backed by an increasing number of online shoppers and tech-savvy ...
AirAsia Forays into Grocery Delivery in Singapore

AirAsia Forays into Grocery Delivery in Singapore

Following multinational low-cost airline AirAsia's successful introduction of airasia food in the Singapore market in March 2021, the airasia super app is now offering ...
700 New 7-Eleven Stores Planned in Thailand

700 New 7-Eleven Stores Planned in Thailand

In June 2021, Thai operator of 7-Eleven convenience stores CP All announced that it will expand its 7-Eleven store network with 700 new outlets by the end of the year. ...
US Company Enters the Thai Genomics Market

US Company Enters the Thai Genomics Market

American multinational technology company NVIDIA just announced the installation of an NVIDIA DGX™ A100 system and NVIDIA Clara Parabricks sequencing analysis software at the ...
Research Institute and Center for Regenerative Medicine Launched in Singapore

Research Institute and Center for Regenerative Medicine Launched in Singapore

The SingHealth Duke-NUS Academic Centre (AMC) has launched a research institute and disease center that will help in the advancement of regenerative medicine and ...
Philippines’ Department of Science and Technology Introduces 6 Virus and Vaccine-focused R&D Projects

Philippines’ Department of Science and Technology Introduces 6 Virus and Vaccine-focused R&D Projects

The Department of Science and Technology (DOST) has approved the conduct of six flagship R&D projects that will serve as foundation studies of the proposed Virology and ...
Naluri Secures Fund to Launch Services in Key South East Asian Markets

Naluri Secures Fund to Launch Services in Key South East Asian Markets

Naluri Hidup, a Malaysia-based digital health service provider, has secured MYR 20.6 million (USD 5 million) in a new fundraising round headed by Singapore’s Integra ...
Indonesian Health Startup Prixa Secures USD 3 Million in Funding

Indonesian Health Startup Prixa Secures USD 3 Million in Funding

Indonesian Health Startup Prixa has just secured USD 3 million of funding from Telkom Indonesia’s MDI Ventures, Trans-Pacific Technology Fund and Siloam Hospitals Group. ...
Toyota Vietnam to Support Capability Development of Domestic Enterprises

Toyota Vietnam to Support Capability Development of Domestic Enterprises

In May 2021, Toyota Motor Vietnam and the Department of Industry - Ministry of Industry and Trade signed a Memorandum of Understanding to support domestic enterprises, ...
Japanese Pharmaceutical Firms Targeted to Invest in the Philippines

Japanese Pharmaceutical Firms Targeted to Invest in the Philippines

The Department of Trade and Industry – the Board of Investments (DTI-BOI) –  is eyeing  Japanese pharmaceutical firms to invest in the Philippines. With the developments in ...

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