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

New Multi-specialty Hospital to be Built in Clark, Pampanga

New Multi-specialty Hospital to be Built in Clark, Pampanga

The Philippines is building a new medical specialty center, the Clark Multi-Specialty Hospital, that will serve Central and Northern Luzon. The hospital will be constructed ...
Manila Water to Start Construction of a USD 139 Million Water Treatment Plant

Manila Water to Start Construction of a USD 139 Million Water Treatment Plant

Water concessionaire Manila Water is set to build a new 200 million liters per day (MLD) water treatment plant (WTP) which will provide an additional supply of potable water ...
Brazil’s Postal Service Correios Signs Agreement with Shopee to Sell Products in Asia

Brazil’s Postal Service Correios Signs Agreement with Shopee to Sell Products in Asia

Brazil's postal service Correios announced in late July 2023 that it had signed an agreement with shopping app Shopee to boost exports of Brazilian products to Southeast ...
Silicon Box Launches World’s Most Advanced Semiconductor Interconnection Facility in Singapore

Silicon Box Launches World’s Most Advanced Semiconductor Interconnection Facility in Singapore

In July 2023, Singapore-based semiconductor start-up Silicon Box unveiled its USD 2 billion factory in Tampines, designed to manufacture semiconductor chiplet ...
New Innovative Solutions to be Trialed at the Jurong Lake District

New Innovative Solutions to be Trialed at the Jurong Lake District

The eight projects that won the first Jurong Lake District (JLD) Innovation Challenge were unveiled at the Urban Redevelopment Authority (URA) Centre in mid-July. Organized ...
Managed IT Services Firm Exeo Global Expands into Singapore

Managed IT Services Firm Exeo Global Expands into Singapore

In July 2023, Japanese-managed IT firm Exeo Group officially opened its new global headquarters in Singapore, with the country’s strategic location, business-friendly ...
Thomson Medical buys Vietnam’s Largest Private Hospital for USD 380 million

Thomson Medical buys Vietnam’s Largest Private Hospital for USD 380 million

Singapore-listed Thomson Medical Group (TMG) has announced that it had purchased FV Hospital, Vietnam’s largest private healthcare group, for USD 380 million. The purchase is ...
Singapore to Adopt Electric Harbor Craft

Singapore to Adopt Electric Harbor Craft

In mid-July, the Maritime and Port Authority of Singapore (MPA) issued an Expression of Interest (EOI) for companies to submit proposals to design and promote the adoption of ...
New Hydrogen-Ready Plant to be Built by 2026 in Singapore

New Hydrogen-Ready Plant to be Built by 2026 in Singapore

The Energy Market Authority (EMA) has announced plans to increase its generation capacity over the next five years to meet Singapore’s growing demand for electricity, but ...
Singapore and Malaysia to Study Feasibility of a Special Economic Zone in Johor

Singapore and Malaysia to Study Feasibility of a Special Economic Zone in Johor

In mid-July, Singapore announced that it would be setting up a task force with Malaysia to study the feasibility of opening a special economic zone in Johor. The ...
Singapore Start-Ups to Explore New Frontiers in Space Tech

Singapore Start-Ups to Explore New Frontiers in Space Tech

Despite the country’s size, Singapore has seen steady growth in its space industry, with the country sending up over 20 satellites to space since 2011, 3 of which were ...
New Program Ensuring Safety of Lab-Grown Meat from Contamination to be Launched in Singapore

New Program Ensuring Safety of Lab-Grown Meat from Contamination to be Launched in Singapore

During the Create Symposium in August, the Singapore National Research Foundation (NRF) announced the launch of the Bioengineering Tools for Next-Generation Cellular ...

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