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

Flores Island Water Management System to be Upgraded

Flores Island Water Management System to be Upgraded

The Indonesian Ministry of Public Housing, in collaboration with the Korean Ministry of Environment, has launched a pilot project to upgrade the Flores Island water ...
Thailand Achieves Over USD 16 billion in Local and Foreign Investment in 2020

Thailand Achieves Over USD 16 billion in Local and Foreign Investment in 2020

The Thailand Board of Investment (BOI) has revealed that in 2020 the country received a total of 1,717 applications from both local and foreign investors, representing a ...
Indonesia’s Food Delivery Market Ranks First in the Region

Indonesia’s Food Delivery Market Ranks First in the Region

In 2020, Indonesia’s food delivery service accounted for USD 3.7 billion in Gross Merchandise Value (GMV), making it the largest market in the region. Overall, the region’s ...
FGV Introduces New Plant-Based Industrial Products to Expand its Brand in Asia Pacific

FGV Introduces New Plant-Based Industrial Products to Expand its Brand in Asia Pacific

FGV Holdings Berhad (FGV), Malaysia’s plantation and food conglomerate through its subsidiary firm Delima Oil Products Sdn Bhd (DOPSB) is planning to expand its downstream ...
Sunway Medical Center Introduces Telemedicine Command Center

Sunway Medical Center Introduces Telemedicine Command Center

Sunway Medical Centre, a leading private tertiary hospital in Malaysia has officially established a Command Center for Telemedicine Services which will serve as the focal ...
Singapore-based Thomson X Enters Strategic Partnership with Eye Healthtech Startup Plano

Singapore-based Thomson X Enters Strategic Partnership with Eye Healthtech Startup Plano

Thomson X, a wholly-owned subsidiary of the Thomson Medical Group (TMG), entered into a strategic partnership with Singapore-based healthtech startup Plano. The partnership ...
PEZA Opens First Pharma Ecozone in Bulacan

PEZA Opens First Pharma Ecozone in Bulacan

The Philippine Economic Zone Authority (PEZA) has officially granted Philstar Marketing Development, Inc. registration as a developer and operator of its First Bulacan ...
New Joint Venture for Production and Distribution of Covid-19 Test Platform

New Joint Venture for Production and Distribution of Covid-19 Test Platform

Achiko AG and PT Indonesia Farma Medis (PIFM) have established a new joint venture called PT Achiko Medika Indonesia. PFIM and Achiko will jointly manufacture and assemble ...

Japan’s Healthcare Firms Expand Footprint in Vietnam

According to the Japan External Trade Organization (JETRO), Japanese companies operating in the healthcare sector are increasing their presence in Vietnam through both ...
Siriraj Hospital Implementing NTT and Cisco’s Telemedicine Solutions for Stroke Patients

Siriraj Hospital Implementing NTT and Cisco’s Telemedicine Solutions for Stroke Patients

Global technology services provider companies NTT and Cisco commenced a partnership with one of the biggest public hospitals in Thailand, Siriraj Hospital, to implement ...
Thailand Eyes Significant Electric Vehicles Expansion by 2030

Thailand Eyes Significant Electric Vehicles Expansion by 2030

To address worsening air pollution, Thailand has set a target for electric vehicles (EVs) to account for 30% of car production by the end of the decade. The 30% target will ...
Philippines Aims to Become PPE Manufacturing Hub in Asia

Philippines Aims to Become PPE Manufacturing Hub in Asia

The Philippine government, through its lead investment promotion arm, the Board of Investments (BOI), is wooing Japanese manufacturers to turn the Philippines into their ...

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