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

Foodpanda Automates Singapore Dark Stores to Accelerate Grocery Deliveries and Personalize Shopping

Foodpanda Automates Singapore Dark Stores to Accelerate Grocery Deliveries and Personalize Shopping

Foodpanda has taken a major step in Singapore by automating its “dark stores”-dedicated retail warehouses that support its Pandamart cloud grocery service. The company is ...
Milliken Opens First Chemical Plant in Asia, Launches Advanced Manufacturing Hub in Singapore

Milliken Opens First Chemical Plant in Asia, Launches Advanced Manufacturing Hub in Singapore

Milliken & Company, a global leader in specialty chemicals and advanced materials, officially inaugurated its first chemical manufacturing facility in Asia in April 2025, ...
DHL Unveils USD 11.2 Million Pharma Hub in Singapore

DHL Unveils USD 11.2 Million Pharma Hub in Singapore

DHL Supply Chain has launched a new EUR 10 million (USD 11.2 million) Pharma Hub in Singapore, marking a significant expansion of its life sciences and healthcare (LSHC) ...
France’s HDF Energy Partners with Indonesian Agencies to Advance Hydrogen-Based Maritime Decarbonization

France’s HDF Energy Partners with Indonesian Agencies to Advance Hydrogen-Based Maritime Decarbonization

In a major move to support Indonesia's energy transition, PT HDF Energy Indonesia—a subsidiary of France-based HDF Energy specializing in large-scale hydrogen infrastructure ...
Indonesia Teams Up with Denmark’s Vestas to Launch Wind Energy Project

Indonesia Teams Up with Denmark’s Vestas to Launch Wind Energy Project

Indonesia’s state-owned power company, PT PLN Nusantara Power, has entered into a partnership with Denmark-based Vestas Development to advance wind energy projects across the ...
Qatar and Indonesia’s Sovereign Wealth Fund to Jointly Invest USD 4 Billion

Qatar and Indonesia’s Sovereign Wealth Fund to Jointly Invest USD 4 Billion

Indonesia’s sovereign wealth fund, Danantara, and the government of Qatar have agreed to establish a USD 4 billion investment fund jointly focused on Indonesia, marking ...
Turkish Company to Set Up Joint Defense Manufacturing Facility in Indonesia

Turkish Company to Set Up Joint Defense Manufacturing Facility in Indonesia

Türkiye’s state-owned defense contractor Roketsan has signed an agreement with Indonesia to establish a joint defense production facility, as confirmed by the company’s CEO ...
UAE Company Plans Major Investment in Indonesia’s Dairy Industry

UAE Company Plans Major Investment in Indonesia’s Dairy Industry

Al-Ain Farms, a leading dairy producer based in the United Arab Emirates, is poised to invest in Indonesia as the country aims to reduce its dependence on milk imports. ...
Korean Food Company Paldo to Introduce Pororo Kids Drinks in Indonesia

Korean Food Company Paldo to Introduce Pororo Kids Drinks in Indonesia

Korean food company Paldo announced plans to launch its popular Pororo children’s beverage in Indonesia this year by partnering with local distributor Indofood Group. ...
Pegatron Unveils AI and 5G Smart Factory in Partnership with Indonesia’s Leading Telecom Company

Pegatron Unveils AI and 5G Smart Factory in Partnership with Indonesia’s Leading Telecom Company

Pegatron, a global technology leader, has officially opened its new smart manufacturing facility in Batam, Indonesia. The factory integrates advanced Artificial Intelligence ...
Netherlands Allocates USD 360 Million for Indonesia’s Water Infrastructure

Netherlands Allocates USD 360 Million for Indonesia’s Water Infrastructure

The Dutch government has reaffirmed its commitment to supporting Indonesia’s priority programs in water resource management, including the development of a giant sea ...
Indonesia and Estonia Forge Partnership on Data Governance and Digital Public Infrastructure

Indonesia and Estonia Forge Partnership on Data Governance and Digital Public Infrastructure

Through the Ministry of National Development Planning (PPN)/Bappenas, Indonesia is deepening its collaboration with the Estonian Government to advance its digital ...
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