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
Malaysia Rises to 15th in Global ICT Rankings, Third in ASEAN
Malaysia has made remarkable strides in information and communication technology (ICT) development, ascending to the 15th spot globally and ranking third in the ASEAN region ...
Philippines Greenlights USD 35 Billion ‘Re-Horizon 3’ Military Modernization Plan
President Ferdinand Marcos Jr. has given the green light to a revamped military modernization initiative dubbed “Re-Horizon 3,” allocating PHP 2 trillion (USD 35 billion) ...
American Biotechnology Company to Open Spider Silk Production Facility in Vietnam
American biotechnology company Kraig Biocraft Laboratories (Kraig Labs) has announced the commencement of a new recombinant spider silk production center in Lam Dong Province ...
American Early Childhood Learning Brand Launches in Singapore
Lovevery, the global early childhood brand, has announced the launch of its early learning program, The Play Kits, in Singapore. The latest APAC expansion comes one year ...
Japanese Confectionery Specialist to Strengthen Chocolate Supply Chain in Indonesia
Chateraise, a Japanese confectionery company, just announced plans to aid local cacao production and strengthen the chocolate supply chain. This initiative aims to enhance ...
Italian Braking Systems Specialist Constructs Factory in Thailand
Brembo, an Italian company leader in braking systems, just commenced construction of its first production site in Thailand. The investment, totaling approximately EUR 40 ...
Malaysia and Japan Strengthen Ties with Halal MOUs to Boost Trade and Certification Standards
Malaysia further solidified its position as a global halal hub by signing two Memoranda of Understanding (MOUs) with Japan. These agreements aim to enhance international ...
IKEA Expands Reach Across the Philippines with Enhanced Services
IKEA, the renowned furniture retailer, is expanding its reach in the Philippines to key cities like Davao, Cagayan de Oro City, and Iloilo City. This expansion signifies ...
Vietnam to Boost Green Hydrogen Industry, Sets Targets for 2030
Vietnam has announced to implement the Prime Minister’s decision No.165 on the strategy to promote hydrogen until 2030, with a vision to 2050. Accordingly, the country aims ...
Vietnam Introduces New Incentives for Investment into Hi-tech Parks
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive ...
Japanese Specialist Partners with Vietnam’s Environmental Agency for Satellite Sensing Technology
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing ...
Singaporean Specialist Opens the Largest Insect Protein Plant in Vietnam
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) ...
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