ASEAN BUSINESS NEWS

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Malaysia Launches National AI Office to Drive Digital Transformation and Economic Growth

Malaysia Launches National AI Office to Drive Digital Transformation and Economic Growth

Malaysia has officially launched the National AI Office (NAIO), a pivotal initiative aimed at advancing the country's digital transformation and positioning it as a leader in ...
Mahkota Medical Centre Launches Malaysia’s First Next-Gen Smart Ward

Mahkota Medical Centre Launches Malaysia’s First Next-Gen Smart Ward

Mahkota Medical Centre (MMC) in Malacca has launched Malaysia's first Next-Gen Smart Ward, marking a significant milestone in patient care as the facility celebrates its 30th ...
UVCell Solar and Iozela Collaborate on Two Major Energy Projects in Malaysia

UVCell Solar and Iozela Collaborate on Two Major Energy Projects in Malaysia

UVCell Solar and Iozela Data Center have announced a strategic collaboration to develop two significant projects in Malaysia, focusing on sustainability and renewable energy. ...
Pengerang Energy Complex Secures USD 3.5 Billion Financing for Low-Carbon Petrochemicals Facility

Pengerang Energy Complex Secures USD 3.5 Billion Financing for Low-Carbon Petrochemicals Facility

Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a ...
Malaysia Secures USD 56.58 Billion in Investments, Targets Top 30 Global Economy by 2033

Malaysia Secures USD 56.58 Billion in Investments, Targets Top 30 Global Economy by 2033

Malaysia has demonstrated strong investor confidence with approved investments totaling MYR 254.7 billion (USD 56.58 billion) for the first nine months of 2024, reflecting a ...
Malaysia to Lease 28 AW149 Helicopters in USD 3.4 Billion Defense Initiative

Malaysia to Lease 28 AW149 Helicopters in USD 3.4 Billion Defense Initiative

The Malaysian government has announced a significant initiative to lease 28 AW149 medium helicopters from Italy's Leonardo, with a contract valued at USD 3.4 billion over a ...
World’s First AI-Powered Palm Oil Mill Launched in Malaysia

World’s First AI-Powered Palm Oil Mill Launched in Malaysia

The world's first palm oil mill utilizing artificial intelligence (AI) technology has been launched in Kuala Kangsar, Malaysia, marking a significant advancement for the palm ...
Japanese Conglomerate Launches Vietnam’s First Refrigerated Beef Processing Plant

Japanese Conglomerate Launches Vietnam’s First Refrigerated Beef Processing Plant

Sojitz Corporation, a Japanese conglomerate, has officially commenced operations at one of Vietnam's largest beef processing plants located in Tam Dao, Vinh Phuc Province, as ...
Vietnam and US Strengthen Defense Ties at Defense Expo

Vietnam and US Strengthen Defense Ties at Defense Expo

Vietnam's Prime Minister (PM) Pham Minh Chinh welcomed a delegation of aerospace, defense, and security companies from the US-ASEAN Business Council (USABC) in Hanoi in ...
Vietnam Attracts Record Foreign Investment, Aims for Global Economic Leadership

Vietnam Attracts Record Foreign Investment, Aims for Global Economic Leadership

Vietnam has demonstrated impressive growth in foreign investment in 2024, attracting over USD 27.26 billion as of October, marking a 1.9% increase from the previous year. The ...
Vietnamese and American Companies Partner to Boost Renewable Energy in Vietnam

Vietnamese and American Companies Partner to Boost Renewable Energy in Vietnam

Vietnam’s Power Engineering Consulting JSC 2 (PECC2) has entered into a collaboration with the US solar manufacturer First Solar to utilize the direct power purchase ...
Spanish Company Opens Advanced Recycling Facility in Vietnam for Sustainable Textile

Spanish Company Opens Advanced Recycling Facility in Vietnam for Sustainable Textile

Recover, a leading global producer of recycled cotton fiber based out of Spain has announced the opening of a new manufacturing facility in Dong Nai province, Vietnam, as ...

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