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
Ho Chi Minh City Green Lights 3 Waste to Energy Plants
In late August 2019, the Ho Chi Minh City People’s Committee approved the construction of three new waste to Energy plants. Work is starting on the plants in September and ...
Consortium Led by GIC Invests USD 500 Million in Vingroup’s Retail Arm
A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup Joint Stock Company (Vingroup), signed agreements for an investment in VCM Services and Trading ...
University Network to Spur R&D Linkage with Industry
In August 2019, the Thailand Board of Investment (BOI) entered into an agreement with eight of the country’s leading universities, aiming to improve linkages between the ...
Thailand to Buy 120 American Armored Vehicles
Thailand has announced plans to buy 120 American armored vehicles. The delivery will be completed by 2020, with the first batch of 10 arriving in September 2019. Ministerial ...
Thailand Plans USD 10 Billion Stimulus to Support Economy
Thailand is planning to launch a stimulus package worth USD 10 billion. The package will consist of three main groups of measures: assistance for people affected by the ...
Thailand Plans E-Commerce Tax by 2020
Thailand is expected to introduce a value-added-tax on electronic businesses in 2020, aiming at collecting between USD 98 million to USD 131 million a year. The proposal will ...
Thailand and South Korea Partnering for Development of Electric Buses
Thailand and South Korea have announced a joint project for the development of electric buses. The project, which will be led by Korean automaker Edison Motors, involves 11 ...
Ranong Port to Boost Thailand’s Trade with India
The Port of Authority of Thailand (PAT) is currently developing the Ranong Port as a logistics gateway between Thailand and India. The two countries have agreed to promote a ...
Energy Innovations to be Tested in Thai Regulator’s Sandbox
This September it was announced by the Office of the Energy Regulatory Commission of Thailand (ERC) that 34 projects will be implemented under its regulatory sandbox ...
Distribution of Cannabis Oil to State Hospitals Commencing in Thailand
The Thai Ministry of Public Health is ready to start distributing a cannabis-based traditional medicine formula, which will be given to around 4,000 patients who have not ...
DEPA Thailand Preparing Bidding Terms for Digital Park Thailand
It is expected that the Thai Digital Economy Promotion Agency (DEPA) will soon issue the terms of reference for the private sector to invest in the Digital Park Thailand ...
Singapore’s Water Utility Opens World’s Largest Ceramic Membrane Treatment Plant
On 29 August 2019, Singapore's national water agency PUB opened a new water treatment plant at Choa Chu Kang Waterworks (CCKWW) that houses the largest ceramic membrane ...
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