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

More Luxury Companies Attracted by the Vietnamese Market

More Luxury Companies Attracted by the Vietnamese Market

The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion ...
LIXIL Launches DTC Flagship Store in Singapore

LIXIL Launches DTC Flagship Store in Singapore

Japanese company LIXIL, the largest housing and building materials company in Japan, has launched a flagship showroom in Singapore. The 6,000 square feet store ...
Bangkok to Have New Lifestyle Mall in 2022

Bangkok to Have New Lifestyle Mall in 2022

Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of ...
DoctorOnCall Partners with Insurance Companies to Expand Malaysia’s Digital Healthcare Services

DoctorOnCall Partners with Insurance Companies to Expand Malaysia’s Digital Healthcare Services

Malaysia’s largest digital healthcare platform, DoctorOnCall, is partnering with two of the major insurance companies in the country — namely Great Eastern Life Malaysia and ...
Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines

Yamaha Allots USD 75 Million for Motorcycle Factory Expansion in the Philippines

Yamaha Motor Philippines, Inc. has launched a PHP 2.7 billion (USD 75 million) expansion of its motorcycle factory in Lima Technology Center in Batangas, and has plans to ...
VinFast to Manufacture Batteries in Vietnam and Electric Cars in the US

VinFast to Manufacture Batteries in Vietnam and Electric Cars in the US

VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company's electric car ...
Oatly Partners with Yeo’s to Produce Oat Milk in Singapore

Oatly Partners with Yeo’s to Produce Oat Milk in Singapore

Swedish plant-based milk maker Oatly and Singaporean beverage firm Yeo's are jointly investing USD 22.3 million in equipment and facility to produce oat milk in ...
German-based Leuze To Open First Production Plant in South East Asia

German-based Leuze To Open First Production Plant in South East Asia

World-class optical sensor producer from Germany, Leuze Electronic GmbH + Co KG, will open its first South East Asia production plant in Melaka, Malaysia. The plant is its ...
Philippines to Spend USD 5.8 Million for Railway Construction in 2022

Philippines to Spend USD 5.8 Million for Railway Construction in 2022

In a virtual conference, the Department of Transportation has revealed that it will be spending USD 5.8 million for railway projects in 2022. The government awarded 32 ...
Keppel, Facebook and Telin to Build Subsea Cable System

Keppel, Facebook and Telin to Build Subsea Cable System

Keppel Telecommunications & Transportation (Keppel T&T), Facebook and Telekomunikasi Indonesia International (Telin) have entered into a joint build agreement to ...
Vantiq and PrimusTech Collaborate on Smart Buildings and Smart Healthcare

Vantiq and PrimusTech Collaborate on Smart Buildings and Smart Healthcare

US technology company Vantiq has announced a partnership agreement with Singapore-based Primus Tech for the development and deployment of real-time applications that further ...
Microsoft to Launch First Datacenter Region in Indonesia

Microsoft to Launch First Datacenter Region in Indonesia

Microsoft has announced that it will launch its first datacenter region in Indonesia as part of its Berdayakan Ekonomi Digital Indonesia initiative. The datacenter will ...

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