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

Japanese Company to Build World’s Largest Rooftop Solar Plant in Thailand

Japanese Company to Build World’s Largest Rooftop Solar Plant in Thailand

The Thailand Board of Investment (BOI) has just announced that Japanese electricity supplier Kansai Electric Power Company (KEPCO) is completing work on a 22-megawatt (MW) ...
Thailand Bets on Tourism and Opens New Tourism Offices in the US and Saudi Arabia

Thailand Bets on Tourism and Opens New Tourism Offices in the US and Saudi Arabia

Thailand's government has revealed that it will establish new tourism offices in the United States and Saudi Arabia as the country aims to boost the number of tourists. In ...
Thailand’s Market Opens up for Polish Beef

Thailand’s Market Opens up for Polish Beef

Poland's agriculture ministry has just announced that 11 beef-processing companies in Poland have been granted authorization to export beef meat and beef offal to Thailand. ...
Chiang Mai Airport Commences 10-Year Expansion Plan

Chiang Mai Airport Commences 10-Year Expansion Plan

Airports of Thailand (AOT) recently announced the official launch of its comprehensive 10-year development strategy for Chiang Mai International Airport. The key goal of this ...
PepsiCo Re-enters Indonesia with a New Snack Factory

PepsiCo Re-enters Indonesia with a New Snack Factory

American food and beverage company PepsiCo is reportedly making a comeback in Indonesia with the construction of a snack factory in West Java. This move follows its ...
Tesla Plans to Invest in a New Battery Factory in Indonesia

Tesla Plans to Invest in a New Battery Factory in Indonesia

In August 2023, a high-ranking Indonesian official revealed that Tesla, the American electric vehicle (EV) maker, intends to invest in battery material production within ...
Indonesia’s New Capital Project Set to Receive USD 2.7 Billion Funding in 2024

Indonesia’s New Capital Project Set to Receive USD 2.7 Billion Funding in 2024

As part of its 2024 budget, Indonesia has committed IDR 40.6 trillion, which amounts to USD 2.7 billion, for the development of its new capital city. According to government ...
Telkomsel and Ericsson Bolster Ties to Broaden 4G/5G Network Coverage in Indonesia

Telkomsel and Ericsson Bolster Ties to Broaden 4G/5G Network Coverage in Indonesia

Indonesian telecommunications company Telkomsel and Ericsson have recently renewed their partnership to expand and fortify their 4G/5G networks in Indonesia. Ericsson, known ...
Indonesia Considers Special Economic Zone Development to Boost Economic Prosperity

Indonesia Considers Special Economic Zone Development to Boost Economic Prosperity

International trade and investment are essential to Indonesia's economy. It has been recently reported that the government has prioritized the establishment of special ...
Malaysian Firm My Myracle Invents Halal Plant-derived Postbiotics

Malaysian Firm My Myracle Invents Halal Plant-derived Postbiotics

My Myracle is the only postbiotics manufacturing company in Malaysia and Southeast Asia, focusing solely on plant-derived bacteria. Partnering with the University of Putra ...
The Malaysian Army Sets to Acquire 178 Mildef Tarantula 4×4 HMAV Armored Vehicles

The Malaysian Army Sets to Acquire 178 Mildef Tarantula 4×4 HMAV Armored Vehicles

Mildef International Technologies (Mildef), a Malaysian private defense company has sealed a deal to provide 178 T Tarantula 4x4 High Mobility Armoured Vehicles (HMAV) to the ...
Malaysia Records USD 28.3 million in FDI in The First Half Of 2023

Malaysia Records USD 28.3 million in FDI in The First Half Of 2023

The Ministry of Investment, Trade and Industry (MITI) announced that Malaysia has attracted a Foreign Direct Investment (FDI) of MYR 132.6 billion (USD 28.3 billion) in the ...

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