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

Smart Fertility Clinic’s Growth Continues with New Jakarta Branch Opening

Smart Fertility Clinic’s Growth Continues with New Jakarta Branch Opening

In July 2023, Smart Fertility Clinic inaugurated a new branch at Primaya Evasari Hospital in Central Jakarta. This marks the third branch of the expansion, following Primaya ...
German Company Builds New PET Recycling Factory in Indonesia

German Company Builds New PET Recycling Factory in Indonesia

Alba Group, the Germany-based materials, recycling, and environmental services company, is investing around EUR 55 million (USD 60 million) in developing a new PET waste ...
US Company Partners with Indonesian Counterpart for Geothermal Projects

US Company Partners with Indonesian Counterpart for Geothermal Projects

GreenFire Energy Inc., a geothermal energy development company based in the US, and PT Medco Power Indonesia have inked an agreement to collaborate on future geothermal ...
UK’s Development Finance Institution to Foster Green Investments in Indonesia

UK’s Development Finance Institution to Foster Green Investments in Indonesia

The Indonesia Investment Authority (INA), Indonesia's sovereign wealth fund, and British International Investment (BII), the UK's development finance institution (DFI) and ...
Indonesia Encourages Joint Production of Defense Equipment with France

Indonesia Encourages Joint Production of Defense Equipment with France

Indonesia is working to expand defense cooperation with France to include not just military equipment sales but also knowledge transfer, cooperative development, and joint ...
Israel’s Food Tech Eyes Opportunities in ASEAN’s Muslim Countries

Israel’s Food Tech Eyes Opportunities in ASEAN’s Muslim Countries

Israel's food technology businesses are exploring new opportunities in majority-Muslim markets. In particular, food producers in the Jewish state are preparing ...
LKL International Expands Medical Devices Portfolio with Partners from Germany and Japan

LKL International Expands Medical Devices Portfolio with Partners from Germany and Japan

A distributorship agreement (DA) has been concluded between LKL International Bhd (LIB), a Malaysian medical products manufacturer and two foreign medical devices suppliers, ...
Alibaba Encourages Malaysian Firms to Adopt AI-based Sustainability Tools

Alibaba Encourages Malaysian Firms to Adopt AI-based Sustainability Tools

Alibaba Group's digital technology and intelligence arm, Alibaba Cloud has announced plans to collaborate with more Malaysian companies across a range of sectors to adopt ...
Malaysia Expects an Increase in FDI from Central and Eastern Europe Countries (CEE)

Malaysia Expects an Increase in FDI from Central and Eastern Europe Countries (CEE)

Rothman and Roman, a Europe-based international strategic communications company has revealed that Malaysia is among countries in the region to see increase in foreign direct ...
Malaysia’s National Carrier Completes Implementation of Sabre Solutions

Malaysia’s National Carrier Completes Implementation of Sabre Solutions

Malaysia Airlines (MAS), the country's national carrier has successfully implemented the full line of Sabre Network Planning and Optimization's solutions, marking a ...
Malaysia Allows First Import of Halal South Korean Hanwoo Beef

Malaysia Allows First Import of Halal South Korean Hanwoo Beef

Malaysia has permitted the import hanwoo beef from South Korea starting June 2023. This marks the first international export market for halal-certified Korean beef and the ...
Canada to Open its Indo-Pacific Agricultural Office in the Philippines

Canada to Open its Indo-Pacific Agricultural Office in the Philippines

The Canadian government has announced its decision to open an Indo-Pacific Agriculture and Agri-Food office in Manila, highlighting the important role the Philippines plays ...

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