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
TNB to Install 9.1 Million Smart Meters in Peninsular Malaysia by 2026
Tenaga Nasional Bhd (TNB), Malaysia’s only electric utility company throughout Peninsular Malaysia and eastern Sabah is planning to install 9.1 million Advanced Metering ...
Plastic Recyclers Could Contribute MYR 20 Billion Annually to Malaysian Economy
The Malaysian Plastics Manufacturers Association (MPMA) and Malaysian Plastics Recyclers Association (MPRA) said Malaysia needed to go hi-tech in order for the plastics ...
National Fiberization and Connectivity Plan to Enhance Digital Infrastructure in Malaysia
On 19 September, the Malaysian government officially launched the National Fiberization and Connectivity Plan (NFCP) to provide robust, sustainable, high quality and ...
Malaysian Nestle’s Factory Becomes the World’s Largest Milo Manufacturing Site
Nestle (Malaysia) Bhd’s factory at Chembong has been transformed into the world’s largest Milo Manufacturing plant while making it also the largest global center of ...
Malaysia to Create Two Aerospace Institutions over the Next Decade
Malaysia is planning to build at least two aerospace and aviation institutions in the next decade as the government seeks to fill the demand for talent from the fast-growing ...
Lao-Thailand-Malaysia Project Enhances ASEAN Cross-Border Power Trade
Three ASEAN countries, namely Lao People Democratic Republic (PDR), Thailand and Malaysia (LTM) confirmed an increase in the maximum committed Energy capacity trading of the ...
JCorp’s Subsidiary to Spend MYR 20 Billion on Digital Healthcare Solution
NewWave Health Sdn Bhd (NHSB), a joint venture company between state-owned Johor Corporation’s (JCorp) subsidiary, N2W Corporation Sdn Bhd (NCSB) and UK-based Smartmed Global ...
Connell Acquires Inno-Cosmic and Nation Maple in Malaysia
Connell, a US-headquartered leading marketer and distributor of specialty chemicals recently bought Inno-Cosmic Sdn Bhd and Nation Maple, two distributors of instant beverage ...
World Bank Invests USD 150 Million for Geothermal in Indonesia
The World Bank’s Board of Executive Directors has approved a USD 150 million loan for Indonesia to scale up investments in geothermal Energy by reducing the risks of ...
KF-X Fighter Prototype from Joint Korean-Indonesian Program to be Unveiled in 2021
Korean Aerospace Industries (KAI) is planning to roll out the first Korean Fighter eXperimental/ Indonesian Fighter eXperimental (KF-X) fighter aircraft prototype by the ...
Indonesia-UAE to Establish Sovereign Wealth Fund
Indonesia and the United Arab Emirates (UAE) are set to establish a sovereign wealth fund (SWF) that can be used for Infrastructure development. This also includes the ...
Indonesian Ride Hailing Unicorn Gojek Launches Video Streaming Platform
Gojek, an Indonesian ride-hailing and payments firm, has launched a video streaming service called GoPlay featuring original movies and TV shows. Subscriptions for GoPlay ...
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