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
Japan’s Kurabe Industrial Expands Operations in the Philippines
Japanese company, Kurabe Industrial, will be investing PHP 2 billion (USD 36.5 million) to expand its manufacturing facility in Lima Estate, Batangas province which is ...
Collins Aerospace and Dirgantara Sign Agreement to Upgrade C-130H Aircraft
Collins Aerospace and Indonesian state-owned aerospace company PT Dirgantara Indonesia (PTDI) have signed a deal to modify eleven C-130 military transport aircraft for the ...
Singhealth to Test Trial Facial Recognition System for Hospital Visitors
SingHealth has announced the testing of a facial recognition system for visitors to Outram Community Hospital (OCH) and SingHealth Tower, both located in the Singapore ...
MSD Launches New Manufacturing Facilities in Singapore for Innovative Medicines and Vaccines
American Pharmaceutical Company Merck & Co. (MSD) recently announced the opening of a new secondary packaging facility in Singapore. The facility is expected to support ...
Vopak Singapore to Expand Ammonia Infrastructure for Low-Carbon Power and Bunker Fuel
Vopak Singapore, a joint venture between renewable energy company Royal Vopak and the Port of Singapore Authority Corporation, announced in late October 2022 that it is ...
Singapore Sets Up Ransomware Task Force to Combat Rising Threats to Businesses
During the Singapore International Cyber Week, held in October 2022, the Singapore Government announced that it has set up an inter-agency counter-ransomware task force to ...
Singapore’s Retail Industry Transformation Map Updated to Focus on Local Brands, Innovation and Talent
In October 2022, Singapore launched the updated industry transformation map (ITM) for the retail sector, one of 23 sectorial ITMs to be refreshed. The refreshed roadmap is ...
Retail Giants to Expand Presence in Vietnam
Large retailers are expanding their presence in Vietnam, which is expected to rank among the top 10 consumer markets in the world this decade.
The Japanese clothing ...
Hira Industries to Open New Manufacturing Plant in Vietnam
Hira Industries, a Dubai-based company specializing in manufacturing products for the construction industry, has just announced plans to launch a new manufacturing plant in ...
Ho Chi Minh City to Launch Key Traffic Works
According to the local Department of Transport, Ho Chi Minh City is speeding up preparations to begin construction of important traffic works at gateways, possibly launching ...
Vietnam’s Banks and Financial Institutions in Need of Enhancing Cyber Defense
Vietnamese experts recently gathered to exchange knowledge in cyber security for the banking and financial sector during DF Cyber Defense 2022. The event was co-organized by ...
Hybrid Glaucoma Class Launched by Hanoi Eye Hospital and Novartis
The Glaucoma Hybrid Patient Class, a hybrid patient education model combining in-person and online platforms, was introduced on October 2022 by the Hanoi Eye Hospital and ...
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