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
Malaysia Receives Light Towed Artillery Systems from France-Based Nexter
In March 2020, the Malaysian Army received the first 6 out of 18 units of 105 mm LG1 Mk III Light Towed Guns, which were ordered from Advanced Defense Systems Sdn Bhd (ADS), ...
JOGMEC, JX, Petronas to Study Development of High CO2 Gas Fields in Malaysia
Japan Oil, Gas and Metals National Corporation (JOGMEC) has signed an agreement with JX Nippon Oil & Gas Exploration Sdn Bhd (JX), and Malaysian state-owned oil and gas ...
Australian Company to Supply Malaysia’s Rex Industry with Sugar Substitute for Low Sugar Beverages
Biotech company Holista Biotech Sdn Bhd, a wholly-owned subsidiary of Australia-based Holista CollTech Ltd, has signed a five-year agreement with Rex Industry Berhad, one of ...
Singapore’s Aice Group Sets up SEA’s Largest Ice Cream Factory in Indonesia
Singapore’s Aice Group has opened up a second ice cream factory at the Ngoro Industrial Park, located in Mojokerto, East Java, Indonesia. The 44,152 m2 facility is the ...
Shell to Double Capacity of Lubricant Plant in Indonesia
Shell Indonesia is doubling the capacity of its lubricants oil blending plant (LOBP) located in Marunda Centre, near Jakarta. The construction started on March 12 and is ...
Indonesian Bank Partners with Blockchain Tech Company for Indonesia-Europe Remittances
Everest, a blockchain-based decentralized digital payment Software-as-a-Service (SaaS) provider, has announced the conclusion of a partnership with BRI Remittance, a ...
Indonesia Unveils New Renewable Energy Regulation
The Indonesian government has introduced new regulations to reinforce its commitment to have renewables to contribute 23% of power production by 2025. The regulations are ...
Indonesia Looks to Seaweed for Sustainable Plastic Alternative
Indonesia is experimenting with the use of seaweed as an alternative to plastic. The country already ranks as the world’s second largest producer of seaweed behind China, ...
Indonesia Formed Research and Technology Ministry Consortium for COVID-19
The Indonesian Ministry of Research and Technology has formed a consortium of local research institutions and universities to tackle the rising number of COVID-19 in the ...
Indonesia and the Netherlands Install Combat System on Missile Frigate
Indonesia and the Netherlands have completed the installation and trials of combat systems on a second Indonesian guided missile frigate procured by the Indonesian Navy. The ...
Huawei Cloud and ULearning Provide E-Learning Solution in Indonesia
Huawei Cloud and Singapore-based learning technology company ULearning have agreed to collaborate for a project providing an e-learning system Universitas Muhammadiyah ...
Coca-Cola Amatil Indonesia Invests in Indonesia’s Kargo Technologies
Amatil X, the venture capital arm of Coca Cola Amatil, one of the world's five major Coca-Cola bottlers, has invested in Kargo Technologies, an Indonesian start-up for ...
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