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 Generates USD 222 Million By Strengthening AI Digital Ecosystem
The Malaysia Digital Economy Corporation (MDEC), the leading agency for the country's digital economy under the Ministry of Digital, has successfully integrated 140 local ...
TM Global and Radian Arc Continue Partnership to Scale Cloud Gaming Across New Markets
TM Global, the domestic and international wholesale arm of Telekom Malaysia (TM), the country's largest telecommunications provider, has extended its partnership with ...
Elna Inaugurates New USD 230 Million Printed Circuit Boards Facility in Penang, Malaysia
Elna PCB (M) Sdn. Bhd., the Malaysian subsidiary of Global Brands Manufacture under Taiwan’s Passive System Alliance (PSA) Group, has announced the opening of its second ...
PUMA Opens Its Biggest Southeast Asian Store in Malaysia
PUMA has opened its largest flagship store in Southeast Asia, located in Sunway Pyramid, Selangor, Malaysia. Spanning 12,000 square feet, the store reinforces PUMA’s ...
Indonesia Expands Carbon Trade Collaboration with Japan
Indonesia is set to finalize a bilateral agreement with Japan aimed at enhancing carbon trading between the two nations, according to the Southeast Asian country’s ...
South Korean Companies Invest in Indonesia’s Regenerative Medicine and Cell Therapy Market
South Korea’s Daewoong Pharmaceutical and GC Cell are entering Indonesia's regenerative medicine and cell therapy markets. Daewoong Pharmaceutical has established a cell ...
Italian Company Partners to Strengthen Telecom Security in Indonesia
SecurityGen, an Italian telecom cybersecurity firm, has partnered with PT NEC Indonesia, a multi-vendor system integrator specializing in IT networks and AI technologies, to ...
Indonesian Government and South Korean Investor Team Up for Bali’s LRT
The Indonesian government is moving forward with plans for a Light Rail Transit (LRT) system in Bali, estimated to cost approximately USD 10.8 billion. Minister of ...
Japanese Company Expands Petrochemical Operations in Indonesia with New USD 110 Million Facility
Nippon Shokubai Indonesia is moving forward with plans to expand its petrochemical operations in Cilegon, Banten, by constructing a fourth plant phase, set to begin in 2025. ...
French Luxury Group Expands in Indonesia, Opens First Sandro Store in Jakarta
French luxury fashion group SMCP, which owns brands such as Sandro, Maje, Claudie Pierlot, and Fursac, is expanding in Indonesia through a new partnership with Mitra Adi ...
German Companies Eye Collaboration with Indonesian Electronics Producer in Renewable Energy Infrastructure
PLN Nusantara Power, a subsidiary of Indonesia’s state-owned electricity provider, PLN, recently engaged in talks with representatives from nine German companies to explore ...
Indonesia and Britain Forge Partnership on Critical Minerals
Britain has signed a memorandum of understanding with Indonesia to collaborate on critical minerals, according to a statement from the UK’s embassy in Jakarta. The agreement ...
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