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

Viettel and South Korea’s KT Join Forces to Drive AI Transformation in Vietnam

Viettel and South Korea’s KT Join Forces to Drive AI Transformation in Vietnam

Vietnam’s military-owned telecom powerhouse, Viettel, has entered into a strategic partnership with South Korea’s KT Corporation to advance artificial intelligence (AI) ...
Foreign Investors Deepen Long-Term, Large-Scale Investment in Vietnam

Foreign Investors Deepen Long-Term, Large-Scale Investment in Vietnam

Foreign investors are accelerating significant investments in Vietnam’s industrial and technology infrastructure, signaling strong confidence in the country’s investment ...
Vietnam Starts Construction for Its First Locally Led Chip Factory

Vietnam Starts Construction for Its First Locally Led Chip Factory

Vietnam recently commenced construction on its first chip factory entirely developed and operated with Vietnamese-owned technology, marking a significant breakthrough in the ...
Japan’s AEON Plans Major Expansion in Vietnam

Japan’s AEON Plans Major Expansion in Vietnam

Japan’s largest retail group, AEON, has ambitious plans to dramatically increase its presence in Vietnam, aiming to grow from 12 general merchandise stores (GMS) to ...
Thai Union Secures USD 150 Million ADB Loan for Sustainable Shrimp Production

Thai Union Secures USD 150 Million ADB Loan for Sustainable Shrimp Production

Thai Union Group Public Company Limited has secured a USD 150 million Blue Loan from the Asian Development Bank. This is the first Blue Loan for Thailand’s seafood sector and ...
Airbus Plans Thailand Aviation Hub with New Asia Pacific Center

Airbus Plans Thailand Aviation Hub with New Asia Pacific Center

Airbus projects a demand for about 20,000 new aircraft in the Asia Pacific region over the next 20 years, representing half of global aircraft demand. Anand Stanley, ...
Thailand’s Strategic Plan to Counter Upcoming US Tariffs

Thailand’s Strategic Plan to Counter Upcoming US Tariffs

Thailand has launched a USD 15 billion economic stimulus package aimed at strengthening its export-driven economy against rising global challenges, particularly new tariffs ...
Leading Thai Wind Power Firm to Triple Capacity by 2037

Leading Thai Wind Power Firm to Triple Capacity by 2037

Thailand’s largest wind power producer, Wind Energy Holding, plans to invest USD 2.6 billion to nearly triple its domestic generation capacity by 2037. The company aims to ...
Thailand’s Rising Waste Volume Drives Expansion in Recycling Business Sector

Thailand’s Rising Waste Volume Drives Expansion in Recycling Business Sector

In 2023, Thailand recorded its highest waste volume at 26.95 million tons, reflecting growing consumer demand and post-pandemic economic recovery. Although 72% of total waste ...
Bangkok Medical Software Releases AI Tool for Hospital Efficiency

Bangkok Medical Software Releases AI Tool for Hospital Efficiency

Bangkok Medical Software (BMS), in partnership with Looloo Health, has launched PresScribe, an AI-powered tool designed to improve healthcare delivery in Thailand. The tool, ...
Thai Prime Minister and Global Infrastructure Partners’ CEO Meet While the Country Registers a Surge in Digital Infrastructure Investment

Thai Prime Minister and Global Infrastructure Partners’ CEO Meet While the Country Registers a Surge in Digital Infrastructure Investment

Suphachai Chearavanont, CEO of Charoen Pokphand Group (CP Group), and Adebayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners (GIP), recently met with Prime ...
Mober From Philippines Expands to Thailand for IKEA Delivery Operations

Mober From Philippines Expands to Thailand for IKEA Delivery Operations

Mober, a logistics technology company based in the Philippines, recently began its operations in Thailand as part of its regional expansion strategy. The move responds to the ...
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