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

American Medical Company Medical Expands in Thailand with New Manufacturing Facility

American Medical Company Medical Expands in Thailand with New Manufacturing Facility

US company Quasar Medical has begun construction on a new manufacturing facility in Thailand, marking a significant step in expanding its global operations. Scheduled to open ...
Thailand Grants Virtual Bank Licenses to Three Consortiums

Thailand Grants Virtual Bank Licenses to Three Consortiums

The Bank of Thailand (BOT) has announced the selection of three consortiums to receive virtual bank licenses, following a detailed review process. The approved groups are ...
Thailand Strengthens Role as Southeast Asia’s Logistics Hub

Thailand Strengthens Role as Southeast Asia’s Logistics Hub

Thailand is advancing its position as a logistics hub in Southeast Asia, supported by increased cross-border trade, e-commerce growth, and infrastructure development. In ...
Purina Opens USD 160 Million Wet Cat Food Facility in Thailand

Purina Opens USD 160 Million Wet Cat Food Facility in Thailand

Purina, a subsidiary of Nestlé, has opened a new wet cat food manufacturing facility in Rayong, Thailand. The factory, covering over 93,800 square meters, represents an ...
Thai Retailer to Invest USD 1.38 Billion to Expand in Thailand and Vietnam Through 2027

Thai Retailer to Invest USD 1.38 Billion to Expand in Thailand and Vietnam Through 2027

Central Retail Corporation (CRC), Thailand’s largest retailer, plans to invest approximately USD 1.38 billion through 2027 to expand operations in Thailand and Vietnam. The ...
Wisconsin and Thailand Partner to Strengthen Dairy Farming Through Knowledge Exchange

Wisconsin and Thailand Partner to Strengthen Dairy Farming Through Knowledge Exchange

Wisconsin’s expertise in dairy farming is playing a key role in supporting the development of Thailand’s dairy industry through a growing partnership between the University ...
Malaysia Government Provides USD 3.3 Million Mechanization Boost for Farmers

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 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

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 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 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

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 ...
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