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

Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

Philippines Explores Fruit Crop Partnerships with Spain to Boost Agricultural Innovation

The Department of Foreign Affairs (DFA) announced that the Philippine government is considering partnerships in fruit crop development with Spain. A high-level delegation ...
Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam’s Retail Real Estate Market Attracts Foreign Players

Vietnam's retail real estate market is flourishing in both scale and quality, with major city shopping centers maintaining occupancy rates above 90%, according to a report ...
Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

Thailand Seeks Collaboration with the US and Sweden to Replace 12 Fighter Jets

It has been revealed that Thailand's air force chief plans to visit Sweden and the U.S. ¡ to discuss the procurement of new fighter jets, potentially including a technology ...
Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

Government Approves Three New SEZs, Aiming for USD 9.8 Billion Investment Value

The National Council for Special Economic Zones (KEK) in Indonesia has approved proposals for three new special economic zones (SEZs) in Batam, Tangerang, and Morowali. These ...
ZTE, Digital Nasional, and Telekom Malaysia Set New 5G Speed Record in Malaysia

ZTE, Digital Nasional, and Telekom Malaysia Set New 5G Speed Record in Malaysia

ZTE, a global telecommunications company has achieved a milestone in collaboration with Digital Nasional Bhd (DNB), Malaysia's government-owned single wholesale 5G network ...
AWS Plans to Invest Over USD 8.5 billion in Singapore for Cloud Technology and AI

AWS Plans to Invest Over USD 8.5 billion in Singapore for Cloud Technology and AI

Amazon Web Services (AWS) recently announced plans to invest an additional SGD 12 billion (USD 8.86 billion) in its existing cloud infrastructure in Singapore from 2024 to ...
Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

Luzon Economic Corridor To Propel the Philippines as a Regional Economic Hub

The Philippines is strategically positioning itself as a regional hub for smart manufacturing and services, capitalizing on its advantageous geographic location and active ...
Japan-based Erex Signs MOU with a Vietnamese Locality to Facilitate Biomass Power Generation Projects

Japan-based Erex Signs MOU with a Vietnamese Locality to Facilitate Biomass Power Generation Projects

Erex, based in Tokyo, has entered into a Memorandum of Understanding (MOU) with Lao Cai Province of Vietnam to explore the development of new biomass power generation ...
Thailand to Clean Up Bangkok’s Tangled Telecoms Cables

Thailand to Clean Up Bangkok’s Tangled Telecoms Cables

Thailand’s National Broadcasting and Telecommunication Commission (NBTC) has initiated a project to organize the tangled telecom cables in Bangkok. The plan, reported by The ...
South Korea’s K-water Plans to Construct a Water Treatment Facility in Indonesia

South Korea’s K-water Plans to Construct a Water Treatment Facility in Indonesia

Korea Water Resources Corp. (K-water) has collaborated with Indonesia's Ministry of Public Works and Public Housing to establish a water treatment facility in Nusantara, ...
Malaysia’s New Strategy Targets USD 106 Billion Investment to Boost Semiconductor Industry

Malaysia’s New Strategy Targets USD 106 Billion Investment to Boost Semiconductor Industry

Malaysia is committed to solidifying its position as a global technology powerhouse, leveraging its strong semiconductor industry. The National Semiconductor Strategy (NSS) ...
CIMIC’s Leighton Asia Will Secures Contract to Reconstruct the Choa Chu Kang Waterworks

CIMIC’s Leighton Asia Will Secures Contract to Reconstruct the Choa Chu Kang Waterworks

CIMIC Group subsidiary Leighton Asia has secured a contract from PUB, Singapore's National Water Agency, for the reconstruction of Choa Chu Kang Waterworks. The project is ...

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