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

UK and Indonesia Strengthen Partnership Through New Infrastructure Initiative

UK and Indonesia Strengthen Partnership Through New Infrastructure Initiative

A newly announced UK-Indonesia sustainable infrastructure partnership is set to create opportunities for leading British engineering firms, including Arup, Mott MacDonald, ...
Apple to Establish AirTag Manufacturing Facility in Batam to Supply 65% of Global Demand

Apple to Establish AirTag Manufacturing Facility in Batam to Supply 65% of Global Demand

Indonesia's Investment Minister announced that Apple plans to set up a manufacturing facility in Batam early in 2026 to produce its AirTag tracking devices. The facility will ...
Liverpool FC Opens Second Official Retail Store in Indonesia

Liverpool FC Opens Second Official Retail Store in Indonesia

Liverpool FC has expanded its presence in Asia by launching its second official retail store in Indonesia. The new store in Surabaya was officially inaugurated by former Reds ...
Malaysian Energy Firm Yinson Raises USD 1 Billion

Malaysian Energy Firm Yinson Raises USD 1 Billion

Yinson Holdings, a Malaysian energy infrastructure company, has secured a significant USD 1 billion funding round for its subsidiary, Yinson Production, which specializes in ...
Malaysia and Singapore Launch Groundbreaking Johor-Singapore Special Economic Zone

Malaysia and Singapore Launch Groundbreaking Johor-Singapore Special Economic Zone

On January 7, 2025, Malaysia and Singapore finalized an agreement to establish the Johor-Singapore Special Economic Zone (JS-SEZ), a groundbreaking initiative aimed at ...
Malaysian Army Awards Hovercraft Contract to Local Firm IDC Technologies

Malaysian Army Awards Hovercraft Contract to Local Firm IDC Technologies

IDC Technologies Sdn Bhd has been awarded a contract to supply six hovercraft fast interceptors to the Malaysian Army. The contract, valued at MYR 20.37 million ...
Debic Brings Premium Cream Cheese to Malaysia

Debic Brings Premium Cream Cheese to Malaysia

Debic, a global leader in dairy solutions for professional chefs, has introduced its Cream Cheese to the Malaysian market, expanding the premium ingredient options for local ...
COP29: Singapore and Peru Agree on Article 6 Carbon Credits

COP29: Singapore and Peru Agree on Article 6 Carbon Credits

Singapore’s Ministry of Trade and Industry (MTI) announced on November 2024 during the COP29 climate summit that it has successfully concluded negotiations on a bilateral ...
Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Robinhood to Debut in Asia in 2025, Headquartered in Singapore

Robinhood Markets Inc., a US-based brokerage firm is set to expand its operations into Asia, establishing Singapore as its regional base starting next year. This move follows ...
Biggest Local Train and Bus Depot Set to Open in 2026

Biggest Local Train and Bus Depot Set to Open in 2026

Singapore's Land Transport Authority (LTA) has opened a tender for the operation of 27 bus routes under the Tampines bus package, set to commence in July 2026. This ...
Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Sanofi Opens USD 800 million Manufacturing Facility in Singapore

Sanofi, a French pharmaceutical giant, has opened a new USD 800 million manufacturing facility named Modulus in Tuas Biomedical Park, Singapore. This 58,000 square meter ...
Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant Reshuffles Supermarket Deck as Customer Preferences Change

Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. ...
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