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
More Malaysian Companies Venturing into Medical Supplies Manufacturing Driven by COVID-19
A growing number of Malaysian companies reportedly are venturing into medical supplies manufacturing, following the rapid surge in demand from domestic and global communities ...
Maskargo Operates A380 for E-Commerce Goods Delivery
MAB Kargo Sdn Bhd (MASkargo), a subsidiary of Malaysia Aviation Group whose portfolio also includes Malaysia Airlines Berhad, had on last April 26 operated the latter’s ...
Malaysia’s TNB Partners with Envision to Digitize Solar Operations
TNB Renewables Sdn Bhd (TRe), a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB), Malaysia's national electricity utility company, has appointed Singapore-based ...
Malaysia’s Teo Seng Paper Products Produces PEFC Certified Eco-Friendly Egg Trays
Teo Seng Paper Products Sdn Bhd (TSPP), a subsidiary of Teo Seng Capital Bhd, one of Malaysia’s largest egg producers has become the first company in the country to obtain ...
Malaysian, Taiwanese Firms Enter Partnership to Manufacture Automotive Lighting Parts
MCE Holdings Bhd, one of the largest automotive electronics and mechatronics parts manufacturers in Malaysia has entered into an agreement with Taiwan-based Juoku Technology ...
Malaysian Palm Oil Council Exploring Blockchain to Enhance Traceability
The Malaysian Palm Oil Council (MPOC) is working with BloomBloc, a blockchain development company based in Switzerland and Malaysia, to implement blockchain technology in the ...
Malaysia Allows Construction to Resume on East Coast Rail Link
The Malaysian government has allowed construction work on Malaysia's biggest mega project, the East Coast Rail Link (ECRL) to resume on April 29 as the country entered the ...
Leading Palm Oil Producer in Malaysia Ventures into Dairy Farming
FGV Holdings Bhd (FGV), one of the world’s largest producers of crude palm oil (CPO), has ventured into the local food and beverage industry in Malaysia through its ...
IMF Expects Malaysia’s GDP Growth to Bounce Back to 9% in 2021
The International Monetary Fund (IMF) is projecting Malaysia’s real gross domestic product (GDP) to grow at a rate of 9% next year, the fastest among the five major ...
Singapore-Based Homewares Retailer Looking to Expand in Indonesia
Iuiga, the Singapore-based homewares retailer announced that it has received SGD 10 million (USD 7 million) in Series A funding from Indonesian conglomerate, Konimex. The ...
Indonesia’s B2B FMCG Marketplace GudangAda Raises USD 25.4 Million
GudangAda, an online B2B marketplace for fast-moving consumer goods (FMCG) based in Jakarta, announced that it raised a USD 25.4 million Series A (bringing total fundraising ...
Indonesia Relying on Healthtech to Deal with Surge in Coronavirus Cases
As COVID-19 cases surge in Indonesia, doctors are using telemedicine solutions to treat patients both at hospitals and online. Due to a lack of medical staff and protective ...
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