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
Malaysia Government Provides USD 3.3 Million Mechanization Boost for Farmers
The Malaysian government has allocated MYR 15.9 million (USD 3.34 million) under the Agrofood Mechanization and Automation Program to modernize the country’s agricultural ...
Malaysia Launches Selangor Aero Park to Boost Aerospace and Air Cargo Ecosystem
Malaysia Airports Holdings Bhd (MAHB), the largest airports operator in the country, and Menteri Besar Selangor Inc, a state-owned investment agency, have announced the ...
Malaysia’s Investment Momentum Grows with USD 19.1 Billion Secured in Q1 2025
The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency of the Malaysian government has announced that Malaysia secured MYR 89.8 ...
Malaysia Powers Forward with USD 9.2 Billion Energy Grid Upgrade
Malaysia, through its national utility provider Tenaga Nasional Berhad (TNB), is investing MYR 43 billion (USD 9.2 billion) to upgrade the country’s power grid in response to ...
Malaysia to Invest USD 141 Million in Second Waste-to-Energy Plant
Malaysia has unveiled plans for its second waste-to-energy (WTE) facility, to be built in Sungai Udang, Melaka state, with an estimated investment of MYR 660 million (USD 141 ...
Fujifilm Healthcare Explores Strategic Partnership with Melaka to Advance AI-Driven Medical Solutions
Japan-based medical technology provider Fujifilm Healthcare is pursuing a potential strategic partnership with the Melaka state government as it looks to strengthen its ...
US-Based Payments Firm TNS Expands APAC Presence with New Hub in Kuala Lumpur
Transaction Network Services (TNS), a US-based provider of secure payment and managed network solutions, has established a new regional hub in Kuala Lumpur, Malaysia. This ...
KTC Invests USD 21 Million in New Industrial Park to Boost Operations in East Malaysia
Kim Teck Cheong Consolidated Berhad (KTC), a major distributor of fast-moving consumer goods (FMCG) in East Malaysia, has acquired a 15-acre site in the Kota Kinabalu ...
Dutch Coatings Firm AkzoNobel Launches Regional R&D Hub in Malaysia
AkzoNobel, a Dutch multinational coatings company, has inaugurated a new research and development (R&D) facility in Nilai, located in the state of Negeri Sembilan. ...
France’s EssilorLuxottica Deepens Malaysian Footprint with Major Optical Chain Takeover
France-based eyewear giant EssilorLuxottica has announced the acquisition of one of the largest optical retail companies in Malaysia. The transaction includes a portfolio of ...
JD Sports to Enter Philippine Market with Two Flagship Stores in 2025
UK-based sports fashion giant JD Sports is making its debut in the Philippines with two flagship store openings this year. The first outlet is set to launch in June at SM ...
Gstar Launches Solar Cell and Module Production in the Philippines
Singapore-based solar manufacturer Gstar has officially launched its new manufacturing facility in Subic Bay, Philippines, along with its first high-efficiency n-type solar ...
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