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
Samsung Electronics Leads the Shift to Renewable Energy in Vietnam
Samsung Electronics Co. has announced that its facilities in Vietnam would enhance their eco-friendly operations by purchasing renewable energy directly through the new ...
Vietnam and South Korea Reinforce Partnership through Trade
Vietnam and the Republic of Korea have recently enhanced their economic cooperation. The parties stressed the need for close coordination and practical measures to achieve ...
Vietnam’s Bamboo Airways Partners with Israel Aerospace Industries for Aircraft Engine Leasing
In July 2024, Vietnam’s Bamboo Airways and Israel Aerospace Industries finalized a USD 36 million contract for aircraft engine maintenance and leasing.
Under the ...
Vietnamese Market Opens to California Peaches and Nectarines
The United States Department of Agriculture (USDA) has recently announced that Vietnam has granted access to its market for peaches and nectarines from California.
Over ...
Indonesia’s First EV Battery Plant Launched by Hyundai and LGES
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This ...
Frisian Flag Indonesia Launches EUR 257 Million Factory in Cikarang
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This ...
US-based Duck Donuts Launches in the Philippines with Largest Store
Duck Donuts, a US-based franchise known for its warm, made-to-order donuts, has opened its first store in the Philippines. Located in Angono St., Makati City, this new outlet ...
Plant-based Food Market to Grow in Thailand
Thailand's plant-based food market, projected to grow around 10%, is estimated to reach a value of THB 45 billion (USD 1.2 billion) in 2024. A recent workshop titled "The ...
Airbus Helicopters Partners with Thai School for Aircraft Mechanics
Airbus Helicopters in Thailand and the Thai Army Transportation Engineering School (ATE) have formalized an academic partnership through a Memorandum of Understanding (MoU) ...
Thailand Approves Investment of USD 291 Million for Data Centers
The Thai government has sanctioned several new data center projects.
The Thailand Board of Investment (BOI) has endorsed substantial investments from both local and ...
Mitsubishi Explores Hydrogen Co-Firing for Thailand’s Gas Turbines
Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed a memorandum of understanding (MoU) to investigate the integration ...
Brazilian and Thai Companies Partner for Bio-Ethylene Plant
Braskem Siam, a joint venture between Brazil’s Braskem and Thailand's SCG Chemicals, has received approval from the Thailand Board of Investment (BOI). Braskem and SCG have ...
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