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

New Airport Developments in Vietnam

New Airport Developments in Vietnam

As the world’s seventh fastest-growing aviation market, Vietnam has formulated a master plan for the development of its system of airports and aerodromes for the 2021-2030 ...
Singapore and India Sign Submarine Rescue Agreement

Singapore and India Sign Submarine Rescue Agreement

Singapore has submarine rescue agreements with many countries, namely Australia, Indonesia, South Korea, the United States, and Vietnam. Recently, the city-island-nation ...
Thailand Developing High-Tech Eastern Fruits Economic Corridor

Thailand Developing High-Tech Eastern Fruits Economic Corridor

To facilitate the trade of value-added agricultural projects, Thailand is going ahead with the THB 350 million (USD 11.5 million) Eastern Fruit Corridor project. In this ...
Singapore-MIT Alliance for Research and Technology (SMART) Develops Next-generation AgricultureTools

Singapore-MIT Alliance for Research and Technology (SMART) Develops Next-generation AgricultureTools

Researchers from the Singapore-MIT Alliance for Research and Technology (SMART) are exploring the development of engineered plant nanosensors and portable Raman spectroscopy. ...
Increased Pork Imports at Lower Tariff May be Approved by Duterte

Increased Pork Imports at Lower Tariff May be Approved by Duterte

The Philippine government is fast-tracking policies to stabilize food supply and ensure that households affected by COVID-19 will not be doubly affected by the increase in ...
Adoption of Drone Technology Rises in the Agriculture and Plantation Sector

Adoption of Drone Technology Rises in the Agriculture and Plantation Sector

Malaysia Digital Economy Cooperation (MDEC), the lead agency in driving the digital economy under the Ministry of Communications and Multimedia Malaysia, anticipates higher ...

Rapak Opens Packaging Facility in Thailand

DS Smith Rapak Thailand, an arm of UK listed  DS Smith Plastics, has opened a new facility in Chachoengsao, a province in south-central Thailand, east of Bangkok. The new ...
US Government Announces PHP 42 Million in Grants to Address Marine Plastic Pollution

US Government Announces PHP 42 Million in Grants to Address Marine Plastic Pollution

The US government, through the US Agency for International Development (USAID)’s Clean Cities, Blue Ocean (CCBO) program, has awarded grants worth nearly PHP 42 million (USD ...

Japan’s MOS Burger Coming to Vietnam in 2021

Japan’s second-largest fast food franchise, MOS Burger, will open its first store in Ho Chi Minh City later in 2021. The company plans to set up a joint venture in the ...
Major Beer Maker, ThaiBev, Revives Plan for Blockbuster Singapore IPO

Major Beer Maker, ThaiBev, Revives Plan for Blockbuster Singapore IPO

Thai beer and liquor giant, Thai Beverage (ThaiBev), plans to spin off and list its regional brewery unit, BeerCo, on the Singapore Exchange (SGX) mainboard. In a regulatory ...
Philippine Government Approves More Pork Imports

Philippine Government Approves More Pork Imports

In light of the ongoing African Swine Fever (ASF) outbreak in the Philippines that has dramatically diminished the supply of pork for the domestic market, Philippine ...
US-based Tyson Foods Buys 49% Stake of MFM’s Poultry Business for MYR 420 million

US-based Tyson Foods Buys 49% Stake of MFM’s Poultry Business for MYR 420 million

US company Tyson Foods, Inc. has announced that it will acquire a 49% stake in the poultry segment of Malaysian food manufacturing company, Malayan Flour Mills Bhd (MFM). The ...
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