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

Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy’s Subsidiary AG&P LNG Collaborates with Vietnam to Develop an LNG Terminal

Nebula Energy's Dubai-based subsidiary, AG&P LNG, along with its partner, Vietnam's Hai Linh Company, has announced the commencement of commissioning activities for ...
US Company Wins Contract to Provide Compressor for Thailand’s First Sustainable Aviation Fuel Project

US Company Wins Contract to Provide Compressor for Thailand’s First Sustainable Aviation Fuel Project

Pennsylvania-headquartered Ebara Elliott Energy (EEE), formerly Elliott Group, recently announced it has been contracted to provide a motor-driven recycle compressor with a ...
Indonesia Launches Third Phase of New Capital Development

Indonesia Launches Third Phase of New Capital Development

Indonesia has launched the third phase of the Nusantara Capital City (IKN) project, which includes 25 project packages such as the construction of the National Police and ...
Malaysia to Receive Anka Drones from Turkey

Malaysia to Receive Anka Drones from Turkey

The Royal Malaysian Air Force (RMAF) has acquired three Anka Medium Altitude Long Endurance Unmanned Aerial Systems (MALE UAS) from Turkish Aerospace Industries (TAI). ...
Singapore Army Starts Using a New Light Machine Gun

Singapore Army Starts Using a New Light Machine Gun

The Singapore Army has started outfitting its infantry units with a new light machine gun (LMG) designed for close-quarters combat. Specifically, the army has been gradually ...
Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

The Department of Foreign Affairs (DFA) announced that the Philippine government is considering partnerships in fruit crop development with Spain. A high-level delegation ...
Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam's retail real estate market is flourishing in both scale and quality, with major city shopping centers maintaining occupancy rates above 90%, according to a report ...
Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

It has been revealed that Thailand's air force chief plans to visit Sweden and the U.S. ¡ to discuss the procurement of new fighter jets, potentially including a technology ...
Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

The National Council for Special Economic Zones (KEK) in Indonesia has approved proposals for three new special economic zones (SEZs) in Batam, Tangerang, and Morowali. These ...
ZTE, Digital Nasional, and Telekom Malaysia Set New 5G Speed Record in Malaysia

ZTE, Digital Nasional, and Telekom Malaysia Set New 5G Speed Record in Malaysia

ZTE, a global telecommunications company has achieved a milestone in collaboration with Digital Nasional Bhd (DNB), Malaysia's government-owned single wholesale 5G network ...
AWS Plans to Invest Over USD 8.5 billion in Singapore for Cloud Technology and AI

AWS Plans to Invest Over USD 8.5 billion in Singapore for Cloud Technology and AI

Amazon Web Services (AWS) recently announced plans to invest an additional SGD 12 billion (USD 8.86 billion) in its existing cloud infrastructure in Singapore from 2024 to ...
Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

The Philippines is strategically positioning itself as a regional hub for smart manufacturing and services, capitalizing on its advantageous geographic location and active ...

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